401(k) · DOL Form 5500 · 2024

Freedom Diamond Tool Inc. 401(k) Plan

Data updated 2026-08-25

$60K
Total assets Small plan by assets
6
Participants Small participant base
4th
Percentile by assets National rank
$10,005
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Freedom Diamond Tool Inc. 401(k) Plan · Sponsored by Freedom Diamond Tool Inc. · Indiana · Manufacturing

$60K in assets, 6 participants

Freedom Diamond Tool Inc.'s Freedom Diamond Tool Inc. 401(k) Plan reported $60K in total assets and 6 participants in its 2024 DOL Form 5500 filing, ranking in the 4th 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.

  • #274 in Manufacturing (17,777 peers)

Freedom Diamond Tool Inc. multi-year trail

Freedom Diamond Tool Inc.'s plans moved -13.5% in assets from 2022 to 2024; this filing shows Freedom Diamond Tool Inc. 401(k) Plan at $60K / 6 participants.

#274
in Manufacturing (17,777 peers)
-43.2%
assets change YoY

The plan reported a net loss of $46K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Freedom Diamond Tool Inc. 401(k) Plan among the smaller filed plans by assets

Freedom Diamond Tool Inc. 401(k) Plan vs every filed plan by assets

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

$60,030 4th percentile higher than 4% 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 Diamond Tool Inc. 401(k) Plan among micro filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Freedom Diamond Tool Inc. 401(k) Plan is a micro filing (6 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Freedom Diamond Tool Inc. 401(k) Plan reported net income fell from $36K in the plan year 2023 filing to -$46K in the plan year 2024 filing.
  • Freedom Diamond Tool Inc. 401(k) Plan end-of-year assets fell from $106K in the plan year 2023 filing to $60K in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 460900989 · Freedom Diamond Tool Inc. PY 2024 · 401(k)

Freedom Diamond Tool Inc. 401(k) Plan · $60K · 6 · 4th

  • EIN $60K
  • RANK 6
  • PHOTO 4th
  • IND 401(k)
  • EOY near Lt Patriots Corp. 401(k) Plan
  • 5500 ind #274

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 Manufacturing retirement plans → · Plans in Indiana →

Freedom Diamond Tool Inc. 401(k) Plan in the asset neighbourhood

Freedom Diamond Tool Inc. 401(k) PlanFreedom Diamond Tool Inc. 40…$60KLt Patriots Corp. 401(k) Plan$60KPenguin Freight Inc. Retirement PlanPenguin Freight Inc. Retirem…$60KJyc Porvida Inc. Retirement PlanJyc Porvida Inc. Retirement …$60KMark M. Aijian, Inc. 401(k) Profit Sharing PlanMark M. Aijian, Inc. 401(k) …$60K
End-of-year total assets ($M) among Freedom Diamond Tool Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Freedom Diamond Tool Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Freedom Diamond Tool Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$60K 13.476506197751515% vs 2022
2024 filing year
$0.04M$0.06M$0.08M$0.1M$0.12M 202220232024 $0.07M $0.06M ▼ -14.3%
Year Plans Participants Total Assets
2022 1 5 $69K
2023 1 6 $106K
2024 1 6 $60K

Freedom Diamond Tool Inc. filing trail (2024)

Total Assets (Beginning of Year)$106K
Net Assets (End of Year)$60K
Net Income-$46K
Employer EIN460900989
Plan Effective Date2012-08-27
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Indiana

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

Freedom Diamond Tool Inc. 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Freedom Diamond Tool Inc. 401(k) Plan, Total assets ($B): 0.00006003 · Participants: 6Freedom Diamond Tool Inc. 401(k) PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 13.056609955 · Participants: 19977The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 12.109864062 · Participants: 73120Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 6.366370789 · Participants: 30272Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 4.481656061 · Participants: 38460Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.996436059 · Participants: 9385Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Freedom Diamond Tool Inc. 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants

Freedom Diamond Tool Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Lt Patriots Corp. 401(k) Plan in LA ($60K); by covered participants it is Caliche, Ltd 401(k) in TX (6 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($60K here).

Similar participant headcount

Nearest other-state filings by covered participants (6 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 Diamond Tool Inc. 401(k) Plan assets move in 2024?
Freedom Diamond Tool Inc. 401(k) Plan contracted severely - down 43.2% during 2024, from $106K to $60K. Reported net income was -$46K.
How have Freedom Diamond Tool Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Freedom Diamond Tool Inc.'s sponsor-wide assets declined 13.5%, from $69K to $60K.
Where does Freedom Diamond Tool Inc. 401(k) Plan rank by assets among Form 5500 filers?
Freedom Diamond Tool Inc. 401(k) Plan ranks in the 4th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which 401(k) plans are similar in size to Freedom Diamond Tool Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Lt Patriots Corp. 401(k) Plan in LA ($60K, N/A participants).
Which 401(k) plans cover a similar participant headcount to Freedom Diamond Tool Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Caliche, Ltd 401(k) in TX (6 participants, N/A in assets).