401(k) · DOL Form 5500 · 2023

The Freedom Academy Foundation 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
361
Participants Below avg headcount
55th
Percentile by assets National rank
$23,306
Avg per participant Low balance/head
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Official DOL plan name: The Freedom Academy Foundation Retirement Plan · Sponsored by The Freedom Academy Foundation · Utah · Educational Services

$8M in assets, 361 participants

The Freedom Academy Foundation's The Freedom Academy Foundation Retirement Plan reported $8M in total assets and 361 participants in its 2023 DOL Form 5500 filing, ranking in the 55th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #1,420 in Educational Services (3,735 peers)

The Freedom Academy Foundation multi-year trail

The Freedom Academy Foundation's plans moved +42.3% in assets from 2022 to 2024; this filing shows The Freedom Academy Foundation Retirement Plan at $8M / 361 participants.

#1,420
in Educational Services (3,735 peers)
+27.4%
assets growth YoY

The Freedom Academy Foundation Retirement Plan's mid-pack asset rank among Educational Services and all filers

The Freedom Academy Foundation Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$8,413,578 Top 45% higher than 55% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

The Freedom Academy Foundation Retirement Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Freedom Academy Foundation Retirement Plan sits mid-pack in the medium band (361 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Freedom Academy Foundation Retirement Plan reported net income rose from -$291K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • The Freedom Academy Foundation Retirement Plan end-of-year assets rose from $7M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • The Freedom Academy Foundation Retirement Plan reported participants rose from 301 in the plan year 2022 filing to 361 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 134255839 · The Freedom Academy Foundation PY 2023 · 401(k)

The Freedom Academy Foundation Retirement Plan · $8M · 361 · 55th

  • SCH $8M
  • EBSA 361
  • PART 55th
  • TYPE 401(k)
  • NET near Crosby 401(k) Retirement Plan
  • BOOK ind #1420

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Educational Services retirement plans → · Plans in Utah →

The Freedom Academy Foundation Retirement Plan in the asset neighbourhood

The Freedom Academy Foundation Retirement PlanThe Freedom Academy Foundati…$8MCrosby 401(k) Retirement Plan$8M3i Infotech, Inc. 401(k) Retirement Savings & Investment Plan3i Infotech, Inc. 401(k) Ret…$8MGenerations LLC 401(k) Profit Sharing Plan & TrustGenerations LLC 401(k) Profi…$8MDeaconess Regional Healthcare Services Illinois, Inc. 401(k) PlanDeaconess Regional Healthcar…$8M
End-of-year total assets ($M) among The Freedom Academy Foundation Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

The Freedom Academy Foundation multi-year asset trail

Sponsor-wide plan assets over time

All The Freedom Academy Foundation plans reported in each filing year

Latest sponsor-wide plan assets
$9M 42.3196075040201% vs 2022
2024 filing year
$6M$7M$8M$9M$10M 202220232024 $6.6M $9.4M ▲ +42.4%
Year Plans Participants Total Assets
2022 1 301 $7M
2023 1 361 $8M
2024 1 399 $9M

The Freedom Academy Foundation filing trail (2023)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$8M
Net Income$2M
Employer EIN134255839
Plan Effective Date2015-08-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Utah

Peer 401(k) plans, same state, same plan type, ranked by total assets.

The Freedom Academy Foundation Retirement Plan vs. nearby 401(k) plans in Utah, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -202468 Total assets ($B) Participants The Freedom Academy Foundation Retirement Plan, Total assets ($B): 0.008413578 · Participants: 361The Freedom Academy Foundation Retirement PlanIntermountain Healthcare Savings Plus 401(k) Plan, Total assets ($B): 6.015479 · Participants: 46680Intermountain Healthcare Savings Plus 401(k) PlanDeseret 401(k) Plan, Total assets ($B): 5.481729272 · Participants: 24292Deseret 401(k) PlanZions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership Plan, Total assets ($B): 1.662904822 · Participants: 10088Zions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership PlanSkywest, Inc. Employees' Retirement Plan, Total assets ($B): 1.192769515 · Participants: 15411Skywest, Inc. Employees' Retirement PlanAutoliv Asp, Inc. Employee Savings and Investment Plan, Total assets ($B): 0.633594695 · Participants: 4537Autoliv Asp, Inc. Employee Savings and Investment Plan
The Freedom Academy Foundation Retirement Plan vs. nearby 401(k) plans in Utah, assets vs. participants
Compare The Freedom Academy Foundation Retirement Plan side-by-side with 3 peers →

The Freedom Academy Foundation Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Utah, the nearest 401(k) by assets is Crosby 401(k) Retirement Plan in LA ($8M); by covered participants it is Grunt Style, LLC 401(k) Profit Sharing Plan in TX (361 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (361 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did The Freedom Academy Foundation Retirement Plan assets move in 2023? ▼
The Freedom Academy Foundation Retirement Plan grew sharply - up 27.4% during 2023, from $7M to $8M. Reported net income was $2M.
How have The Freedom Academy Foundation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Freedom Academy Foundation's sponsor-wide assets grew 42.3%, from $7M to $9M.
Which 401(k) plans are similar in size to The Freedom Academy Foundation Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Crosby 401(k) Retirement Plan in LA ($8M, 371 participants).
Which 401(k) plans cover a similar participant headcount to The Freedom Academy Foundation Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Grunt Style, LLC 401(k) Profit Sharing Plan in TX (361 participants, $4M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 134255839.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.