401(k) · DOL Form 5500 · 2024

Freedom Care LLC 401(k) Plan

Data updated 2026-07-24

$23M
Total assets
44,012
Participants
73rd
Percentile by assets
$533
Avg per participant
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Official DOL plan name: Freedom Care 401(k) Plan · Sponsored by Freedom Care LLC · New York · Healthcare & Social Assistance

$23M in assets, 44,012 participants

Freedom Care LLC's Freedom Care 401(k) Plan reported $23M in total assets and 44,012 participants in its 2024 DOL Form 5500 filing, ranking in the 73rd 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.

  • 73rd percentile by assets (of 116,472 plans)

Coverage in New York

Freedom Care 401(k) Plan covers 44,012 participants in New York, 55x the typical New York plan (state average ~795 per filing). Assets: $23M.

$23M
total plan assets (2024 EOY)
44,012
covered participants
73rd
percentile by assets (of 116,472 plans)
$533
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Freedom Care 401(k) Plan reported participants rose from 26,393 in the plan year 2023 filing to 44,012 in the plan year 2024 filing.
  • Freedom Care 401(k) Plan end-of-year assets rose from $17M in the plan year 2023 filing to $23M in the plan year 2024 filing.
  • Freedom Care 401(k) Plan reported net income fell from $6M in the plan year 2023 filing to $6M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs New York filers

In New York, the average filing covers about 795 participants across 8,491 plans. Freedom Care 401(k) Plan reports 44,012 participants - 55x that state average ($23M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$23M
Net Income$6M
Employer EIN810913242
Plan Effective Date2017-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Freedom Care LLC)

$10M$15M$20M$25M 202220232024 $11.3M $23.4M ▲ +108.2%
Total plan assets by year, all Freedom Care LLC plans on file
Year Plans Participants Total Assets
2022 1 14,154 $11M
2023 1 26,393 $17M
2024 1 44,012 $23M

Nearby 401(k) Plans in New York

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

Freedom Care 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants

Freedom Care 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. 050000100000150000 -20020406080 Total assets ($B) Participants Freedom Care 401(k) …IBM 401(k) PlanMorgan Stanley 401(k…Pfizer Savings PlanThe Pepsico Savings …The Goldman Sachs 40…
Freedom Care 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Freedom Care 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Freedom Care 401(k) Plan assets move in 2024?
Freedom Care 401(k) Plan surged - up 34.6% during 2024, from $17M to $23M. Reported net income was $6M.
How have Freedom Care LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Freedom Care LLC's sponsor-wide assets grew 108.2%, from $11M to $23M.
Which 401(k) plans are similar in size to Freedom Care 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Central Supply Co Employee Retirement Plan in IN ($23M, 204 participants).

Filing takeaways

Ways to act on Freedom Care 401(k) Plan's numbers.

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 810913242.

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