401(k) · DOL Form 5500 · 2024

Freedom First Federal Credit Uni 401(k) Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
222
Participants Below avg headcount
66th
Percentile by assets National rank
$72,570
Avg per participant Below avg balance/head
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Official DOL plan name: Freedom First Federal Credit Union 401(k) Plan · Sponsored by Freedom First Federal Credit Uni · Virginia · Finance & Insurance

$16M in assets, 222 participants

Freedom First Federal Credit Uni's Freedom First Federal Credit Union 401(k) Plan reported $16M in total assets and 222 participants in its 2024 DOL Form 5500 filing, ranking in the 66th 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.

  • #4,285 in Finance & Insurance (8,549 peers)

Coverage in Virginia

Freedom First Federal Credit Union 401(k) Plan covers 222 participants in Virginia, about 28% of the average Virginia filer (state average ~782 per filing). Assets: $16M.

#4,285
in Finance & Insurance (8,549 peers)
+14.9%
assets growth YoY

Freedom First Federal Credit Union 401(k) Plan's mid-pack asset rank among Finance & Insurance and all filers

Freedom First Federal Credit Union 401(k) Plan vs every filed plan by assets

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

$16,110,444 Top 34% higher than 66% 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 First Federal Credit Union 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Freedom First Federal Credit Union 401(k) Plan sits mid-pack in the medium band (222 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Freedom First Federal Credit Union 401(k) Plan reported net income fell from $3M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Freedom First Federal Credit Union 401(k) Plan end-of-year assets rose from $14M in the plan year 2023 filing to $16M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 540699770 · Freedom First Federal Credit Uni PY 2024 · 401(k)

Freedom First Federal Credit Union 401(k) Plan · $16M · 222 · 66th

  • VS-ST $16M
  • VS-ST 222
  • VS-ST 66th
  • VS-ST 401(k)
  • VS-ST near Vpm Management, Inc. Savings and Retirement Plan
  • VS-ST ind #4285

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 Finance & Insurance retirement plans → · Plans in Virginia →

Freedom First Federal Credit Union 401(k) Plan in the asset neighbourhood

Freedom First Federal Credit Union 401(k) PlanFreedom First Federal Credit…$16MVpm Management, Inc. Savings and Retirement PlanVpm Management, Inc. Savings…$16MAaa Minneapolis 401(k) Savings PlanAaa Minneapolis 401(k) Savin…$16MK & H Printers-Lithographers, Inc. 401(k) Retirement & Profit Sharing PlanK & H Printers-Lithographers…$16MCentral Oregon Pediatric Associates 401(k) Profit Sharing PlanCentral Oregon Pediatric Ass…$16M
End-of-year total assets ($M) among Freedom First Federal Credit Union 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Virginia filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$16M
Net Income$2M
Employer EIN540699770
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Freedom First Federal Credit Uni)

Sponsor-wide plan assets over time

All Freedom First Federal Credit Uni plans reported in each filing year

Latest sponsor-wide plan assets
$16M 46.122592841750325% vs 2022
2024 filing year
$10M$12M$14M$16M$18M 202220232024 $11M $16.1M ▲ +46.1%
Year Plans Participants Total Assets
2022 1 231 $11M
2023 1 221 $14M
2024 1 222 $16M

Nearby 401(k) Plans in Virginia

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

Freedom First Federal Credit Union 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Freedom First Federal Credit Union 401(k) Plan, Total assets ($B): 0.016110444 · Participants: 222Freedom First Federal Credit Union 401(k) PlanNorthrop Grumman Savings Plan, Total assets ($B): 39.473777135 · Participants: 104719Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 16.840459887 · Participants: 62869401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 12.395006194 · Participants: 49414General Dynamics Corporation 401(k) Plan 6.0Capital One Financial Corporation Associate Savings Plan, Total assets ($B): 12.04952818 · Participants: 44933Capital One Financial Corporation Associate Savings PlanLeidos, Inc. Retirement Plan, Total assets ($B): 11.790942581 · Participants: 29734Leidos, Inc. Retirement Plan
Freedom First Federal Credit Union 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Freedom First Federal Credit Union 401(k) Plan side-by-side with 3 peers →

Freedom First Federal Credit Union 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Vpm Management, Inc. Savings and Retirement Plan in CA ($16M); by covered participants it is Brown & Crouppen, P. C. 401(k) Retirement Plan in MO (222 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (222 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 First Federal Credit Union 401(k) Plan assets move in 2024? ▼
Freedom First Federal Credit Union 401(k) Plan grew at a solid clip - up 14.9% during 2024, from $14M to $16M. Reported net income was $2M.
How have Freedom First Federal Credit Uni plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Freedom First Federal Credit Uni's sponsor-wide assets grew 46.1%, from $11M to $16M.
Which 401(k) plans are similar in size to Freedom First Federal Credit Union 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Vpm Management, Inc. Savings and Retirement Plan in CA ($16M, 252 participants).
Which 401(k) plans cover a similar participant headcount to Freedom First Federal Credit Union 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Brown & Crouppen, P. C. 401(k) Retirement Plan in MO (222 participants, $17M 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 540699770.

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.