ESOP · DOL Form 5500 · 2024

Freedom Bancorp ESOP

Data updated 2026-08-25

$12M
Total assets Small plan by assets
52
Participants Small participant base
60th
Percentile by assets National rank
$229,485
Avg per participant Above avg balance/head
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Official DOL plan name: Freedom Bancorp Employee Stock Ownership Plan · Sponsored by Freedom Bancorp · Indiana · Management of Enterprises

$12M in assets, 52 participants

Freedom Bancorp's Freedom Bancorp Employee Stock Ownership Plan reported $12M in total assets and 52 participants in its 2024 DOL Form 5500 filing, ranking in the 60th 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.

  • #482 in Management of Enterprises (1,133 peers)

Freedom Bancorp multi-year trail

Freedom Bancorp's plans moved +15.9% in assets from 2022 to 2024; this filing shows Freedom Bancorp Employee Stock Ownership Plan at $12M / 52 participants.

#482
in Management of Enterprises (1,133 peers)
+13.1%
assets growth YoY

Freedom Bancorp Employee Stock Ownership Plan's mid-pack asset rank among Management of Enterprises and all filers

Freedom Bancorp Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$11,933,213 Top 40% higher than 60% of 123,620 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 2024

Freedom Bancorp Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Freedom Bancorp Employee Stock Ownership Plan is a small filing (52 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Freedom Bancorp Employee Stock Ownership Plan reported net income rose from $251K in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Freedom Bancorp Employee Stock Ownership Plan end-of-year assets rose from $11M in the plan year 2023 filing to $12M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 830482328 · Freedom Bancorp PY 2024 · ESOP

Freedom Bancorp Employee Stock Ownership Plan · $12M · 52 · 60th

  • PCT $12M
  • PCT 52
  • PCT 60th
  • PCT ESOP
  • PCT near Durden Banking Company, Inc. Amended and Restated Employee Stock Ownership Stock Bonus Plan
  • PCT ind #482

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 What is an ESOP? → · Plans in Indiana →

Freedom Bancorp Employee Stock Ownership Plan in the asset neighbourhood

K. H. Employee Stock Ownership PlanK. H. Employee Stock Ownersh…$12MNortheast Bank Employee Stock Ownership PlanNortheast Bank Employee Stoc…$12MWarwick Plumbing and Heating Corporation Employee Stock Ownership PlanWarwick Plumbing and Heating…$12MFreedom Bancorp Employee Stock Ownership PlanFreedom Bancorp Employee Sto…$12MDurden Banking Company, Inc. Amended and Restated Employee Stock Ownership Stock Bonus PlanDurden Banking Company, Inc.…$12M
End-of-year total assets ($M) among Freedom Bancorp Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Freedom Bancorp multi-year asset trail

Sponsor-wide plan assets over time

All Freedom Bancorp plans reported in each filing year

Latest sponsor-wide plan assets
$12M 15.887456477427989% vs 2022
2024 filing year
$10M$10.5M$11M$11.5M$12M$12.5M 202220232024 $10.3M $11.9M ▲ +15.8%
Year Plans Participants Total Assets
2022 1 52 $10M
2023 1 52 $11M
2024 1 52 $12M

Freedom Bancorp filing trail (2024)

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$12M
Net Income$1M
Employer EIN830482328
Plan Effective Date2011-07-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Indiana

Peer ESOP plans, same state, same plan type, ranked by total assets.

Freedom Bancorp Employee Stock Ownership Plan vs. nearby ESOP plans in Indiana, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 -0.500.511.522.5 Total assets ($B) Participants Freedom Bancorp Employee Stock Ownership Plan, Total assets ($B): 0.011933213 · Participants: 52Freedom Bancorp Employee Stock Ownership PlanJasper Holdings, Inc Employee Stock Ownership Plan and Trust, Total assets ($B): 2.185109137 · Participants: 4295Jasper Holdings, Inc Employee Stock Ownership Plan and TrustUrschel Laboratories Employee Stock Ownership Plan, Total assets ($B): 0.432438721 · Participants: 509Urschel Laboratories Employee Stock Ownership PlanNibco Inc. Employee Stock Ownership Plan, Total assets ($B): 0.376983564 · Participants: 1370Nibco Inc. Employee Stock Ownership PlanDucharme, Mcmillen & Associates, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.170278352 · Participants: 622Ducharme, Mcmillen & Associates, Inc. Employee Stock Ownership PlanErmco, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.151428287 · Participants: 123Ermco, Inc. Employee Stock Ownership Plan
Freedom Bancorp Employee Stock Ownership Plan vs. nearby ESOP plans in Indiana, assets vs. participants
Compare Freedom Bancorp Employee Stock Ownership Plan side-by-side with 3 peers →

Freedom Bancorp Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Indiana, the nearest ESOP by assets is Durden Banking Company, Inc. Amended and Restated Employee Stock Ownership Stock Bonus Plan in GA ($12M); by covered participants it is Pro-Tec Design, Inc. Employee Stock Ownership Plan in MN (52 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (52 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Freedom Bancorp Employee Stock Ownership Plan assets move in 2024? ▼
Freedom Bancorp Employee Stock Ownership Plan grew at a solid clip - up 13.1% during 2024, from $11M to $12M. Reported net income was $1M.
How have Freedom Bancorp plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Freedom Bancorp's sponsor-wide assets grew 15.9%, from $10M to $12M.
Which ESOP plans are similar in size to Freedom Bancorp Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Durden Banking Company, Inc. Amended and Restated Employee Stock Ownership Stock Bonus Plan in GA ($12M, 42 participants).
Which ESOP plans cover a similar participant headcount to Freedom Bancorp Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Pro-Tec Design, Inc. Employee Stock Ownership Plan in MN (52 participants, $820K in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 830482328.

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.