401(k) · DOL Form 5500 · 2024

Freedompay, Inc. 401(k) Plan

Data updated 2026-08-25

$28M
Total assets Below avg plan size
449
Participants Below avg headcount
76th
Percentile by assets National rank
$61,415
Avg per participant Low balance/head
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Official DOL plan name: Freedompay, Inc. 401(k) Profit Sharing Plan · Sponsored by Freedompay, Inc. · Pennsylvania · Information & Media

$28M in assets, 449 participants

Freedompay, Inc.'s Freedompay, Inc. 401(k) Profit Sharing Plan reported $28M in total assets and 449 participants in its 2024 DOL Form 5500 filing, ranking in the 76th 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.

  • #1,905 in Information & Media (2,822 peers)

Where Freedompay, Inc. 401(k) Profit Sharing Plan sits by assets

Freedompay, Inc. 401(k) Profit Sharing Plan sits in the top quartile of all filed plans by assets, $28M for 449 participants (~$61,415/participant), up 45.0% in 2024.

#1,905
in Information & Media (2,822 peers)
+45.0%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Freedompay, Inc. 401(k) Profit Sharing Plan's outsized position by total assets

Freedompay, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$27,575,389 Top 24% higher than 76% 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

Freedompay, Inc. 401(k) Profit Sharing 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. Freedompay, Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (449 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Freedompay, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $19M in the plan year 2023 filing to $28M in the plan year 2024 filing.
  • Freedompay, Inc. 401(k) Profit Sharing Plan reported net income rose from $6M in the plan year 2023 filing to $9M in the plan year 2024 filing.
  • Freedompay, Inc. 401(k) Profit Sharing Plan reported participants rose from 385 in the plan year 2023 filing to 449 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 233028266 · Freedompay, Inc. PY 2024 · 401(k)

Freedompay, Inc. 401(k) Profit Sharing Plan · $28M · 449 · 76th

  • BOOK $28M
  • VS-ST 449
  • BOY 76th
  • SCH 401(k)
  • EBSA near Sbera 401(k) Plan as Adopted by Fall River Five Cents Savings Bank
  • PART ind #1905

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 Information & Media retirement plans → · Plans in Pennsylvania →

Freedompay, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Freedompay, Inc. 401(k) Profit Sharing PlanFreedompay, Inc. 401(k) Prof…$28MSbera 401(k) Plan as Adopted by Fall River Five Cents Savings BankSbera 401(k) Plan as Adopted…$28MCreative Solutions in Healthcare 401(k) PlanCreative Solutions in Health…$28MFarmers National Bank 401(k) PlanFarmers National Bank 401(k)…$28MSrc Affiliated Profit Sharing 401(k) PlanSrc Affiliated Profit Sharin…$28M
End-of-year total assets ($M) among Freedompay, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$28M
Net Income$9M
Employer EIN233028266
Plan Effective Date2001-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Freedompay, Inc.)

Sponsor-wide plan assets over time

All Freedompay, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$28M 114.2435576530798% vs 2022
2024 filing year
$10M$15M$20M$25M$30M 202220232024 $12.9M $27.6M ▲ +114.3%
Year Plans Participants Total Assets
2022 1 266 $13M
2023 1 385 $19M
2024 1 449 $28M

Nearby 401(k) Plans in Pennsylvania

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

Freedompay, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Freedompay, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.027575389 · Participants: 449Freedompay, Inc. 401(k) Profit Sharing PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 19.687957793 · Participants: 90495Comcast Corporation Retirement - Investment PlanThe Cigna Group 401(k) Plan, Total assets ($B): 14.20308608 · Participants: 63634The Cigna Group 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 11.084818612 · Participants: 18066The Vanguard Retirement and Savings PlanThermo Fisher Scientific Inc. 401(k) Retirement Plan, Total assets ($B): 10.263366209 · Participants: 36150Thermo Fisher Scientific Inc. 401(k) Retirement PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 10.189629 · Participants: 54604The PNC Financial Services Group, Inc. Incentive Savings Plan
Freedompay, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare Freedompay, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

Freedompay, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Sbera 401(k) Plan as Adopted by Fall River Five Cents Savings Bank in MA ($28M); by covered participants it is Mobile Management, LLC 401(k) Plan & Trust in NY (449 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (449 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 Freedompay, Inc. 401(k) Profit Sharing Plan assets move in 2024? ▼
Freedompay, Inc. 401(k) Profit Sharing Plan surged - up 45.0% during 2024, from $19M to $28M. Reported net income was $9M.
How have Freedompay, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Freedompay, Inc.'s sponsor-wide assets grew 114.2%, from $13M to $28M.
Where does Freedompay, Inc. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Freedompay, Inc. 401(k) Profit Sharing Plan ranks in the 76th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Freedompay, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Sbera 401(k) Plan as Adopted by Fall River Five Cents Savings Bank in MA ($28M, 205 participants).
Which 401(k) plans cover a similar participant headcount to Freedompay, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Mobile Management, LLC 401(k) Plan & Trust in NY (449 participants, $18M 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 233028266.

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.