Freedom Care 401(K) Plan — Form 5500 plan (Freedom Care LLC)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Freedom Care 401(K) Plan is a benefit plan reported by Freedom Care LLC under EIN 81-0913242 and plan number 001. The latest loaded filing year is 2023. The filing reports 26,479 participants and $17,418,399 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Freedom Care LLC
- EIN
- 81-0913242
- Plan number
- 001
- Plan type
- 2
- Location
- New Hyde Park, NY
- Latest filing year
- 2023
- Participants
- 26,479
- End-of-year plan assets
- $17,418,399
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 26,479 | H, C | 20241015081948NAL0015979251001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $17,418,399
- Total liabilities (EOY)
- $54,412
- Net assets (EOY)
- $17,363,987
- Net assets (BOY)
- $11,106,221
Income & contributions
- Employer contributions
- $1,074,154
- Participant contributions
- $5,239,404
- Total contributions
- $6,820,499
- Total income / additions
- $8,648,873
Expenses & distributions
- Benefits paid
- $2,165,404
- Administrative expenses
- $220,328
- Total expenses
- $2,391,107
- Net increase / (decrease)
- $6,257,766
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $220,328 | $0 | 2023 |
| Northwestern Mutual Investment Serv | OTHER SERVICES | $0 | $18,200 | 2023 |
| Orenda Retirement, LLC | CONTRACT ADMINISTRATOR | $0 | $7,586 | 2023 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 | 2023 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Freedom Care LLC
- 2023 Form 5500 filing
- Form 5500 filings in NY
- 401(k) and benefit plan filings in New Hyde Park, NY
- Principal Life Insurance Company — Schedule C compensation
- Northwestern Mutual Investment Serv — Schedule C compensation
- Orenda Retirement, LLC — Schedule C compensation
- Morningstar Investment Management L — Schedule C compensation
- Wilshire Advisors LLC — Schedule C compensation