401(k) · DOL Form 5500 · 2024

Freedom Care LLC 401(k) Plan

Data updated 2026-08-25

$23M
Total assets Small plan by assets: 44,012
Participants Very large workforce: 73rd
Percentile by assets National rank: $533
Avg per participant Low balance/head

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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.

#13,066 in Healthcare & Social Assistance (16,916 peers)

Coverage in New York

Freedom Care 401(k) Plan covers 44,012 participants in New York, 55x the typical New York plan (state average ~798 per filing). Assets: $23M.

#13,066
in Healthcare & Social Assistance (16,916 peers): +34.6%
assets growth YoY

Freedom Care 401(k) Plan's outsized position by total assets

Freedom Care 401(k) Plan vs every filed plan by assets

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

$23,436,876 Top 27% higher than 73% of 123,620 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Freedom Care 401(k) Plan's mega-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Freedom Care 401(k) Plan is a mega filing (44,012 participants), the rightmost band on the breakdown.

Micro (1-10) 33,766 filings (27%) Small (11-100) 26,107 filings (21%) Medium (101-1,000) 54,251 filings (43%) Large (1,001-10,000) 10,349 filings (8%) Mega (10,000+) 1,399 filings (1%)

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 →

DOL schedule card

Filing strip 810913242 · Freedom Care LLC PY 2024 · 401(k)

Freedom Care 401(k) Plan · $23M · 44,012 · 73rd

NET $23M
BOOK 44,012
VS-ST 73rd
BOY 401(k)
SCH near Central Supply Co Employee Retirement Plan
EBSA ind #13066

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 Healthcare & Social Assistance retirement plans → · Plans in New York →

End-of-year total assets ($M) among Freedom Care 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)	$17M
Net Assets (End of Year)	$23M
Net Income	$6M
Employer EIN	810913242
Plan Effective Date	2017-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Freedom Care LLC)

Latest sponsor-wide plan assets: $23M 108.19328455181132% vs 2022; 2024 filing year

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

IBM 401(k) Plan $60.4B · 52,674
Morgan Stanley 401(k) Plan $22.2B · 53,860
Pfizer Savings Plan $22.0B · 33,309
The Pepsico Savings Plan $14.9B · 137,398
The Goldman Sachs 401(k) Plan $12.8B · 23,227

Compare Freedom Care 401(k) Plan side-by-side with 3 peers →

Freedom Care 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Central Supply Co Employee Retirement Plan in IN ($23M); by covered participants it is Toyota Motor North America, Inc. Retirement Savings Plan in TX (43,916 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($23M here).

Central Supply Co Employee Retirement Plan (IN) $23M · 204
Marketbridge, Inc. 401(k) Plan (MD) $23M · 148
G.E.C., Inc. Employees' 401(k) Retirement Savings Plan (LA) $23M · 371
Wps Bargaining Unit Employees 401(k) Plan (WI) $23M · 360

Similar participant headcount

Nearest other-state filings by covered participants (44,012 participants); asset peers above are excluded.

Toyota Motor North America, Inc. Retirement Savings Plan (TX) 43,916 · 96 off
Caterpillar 401(k) Savings Plan (TX) 43,873 · 139 off
Sysco Corporation Employees' 401(k) Plan (TX) 44,285 · 273 off
Select Medical Corporation 401(k) Plan (PA) 43,419 · 593 off

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 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).

Which 401(k) plans cover a similar participant headcount to Freedom Care 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Toyota Motor North America, Inc. Retirement Savings Plan in TX (43,916 participants, $13.3B 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 810913242.