Plan5500

Freeport, TX Form 5500 retirement and benefit plan filings

City Form 5500 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, Freeport, TX has 5 loaded benefit plan(s) reported by 3 plan sponsor(s), with $18,235,493 in total reported end-of-year plan assets across loaded filings. The latest loaded Form 5500 filing year is 2023.

Loaded plans
5
Plan sponsors
3
Latest filing year
2023

What stands out in Freeport

  • 5 loaded plans hold $18.2M in reported assets across 3 sponsors.
  • The largest, I.C.S., Inc. 401(K) Profit Sharing Plan And Trust, holds 63% of reported Freeport plan assets.
  • Plans cover 1,324 participants — about 265 per plan.
  • 60% of loaded plans report full Schedule H/I financial statements.
  • 40% report Schedule C provider compensation.
Aggregate financials · 2023

Reported financial aggregate

Total reported net assets$18.2MSummed across loaded plans$18,235,493
Total reported assets$18.2M$18,235,493
Total reported participants1.3K1,324
Total reported liabilities$0

Reported net position

Reported assets = net assets + liabilities (summed)$18.2M total assets
Net assets$18.2MLiabilities$0
Contributions & income
Employer contributions$272.5K
Participant contributions$2.1M
Total income / additions$4.6M
Expenses & distributions
Benefits paid / distributions$1.7M
Total expenses$1.8M
Net increase / (decrease)$2.8M

Data coverage

Plans with financial statements3 / 5 (60%)
Plans with provider compensation2 / 5 (40%)

Totals sum the latest loaded 2023 public Form 5500 filing per plan for Freeport, TX plans — one filing per plan, so multiple years are never double-counted. Figures are reported values from loaded Schedule H / I (and Schedule C for provider compensation); fields a plan did not report are treated as missing, not zero. These are not audited or official totals.

Computed from loaded plans

Freeport market comparison

Largest plan share of assets63%I.C.S., Inc. 401(K) Profit Sharing Plan And Trust
Participants per plan265Average across loaded plans
Plan sponsors3
Ranked by reported assets

Largest loaded plans in Freeport

Bars show each plan's reported end-of-year assets relative to the largest.

  1. 1
    I.C.S., Inc. 401(K) Profit Sharing Plan And Trust$11.5M
    I.C.S., Inc. · 2023
  2. 2
    Vme 401(K) Plan$6.8M
    Vernor Material & Equipment Company, Inc. · 2023
  3. 3
    Vernor Employee Benefit Plan Trust$13.4K
    Vernor Material & Equipment Co,Inc · 2023
  4. 4
    Freeport Welding & Fabricating Inc Employee Benefit Plan Trustnot reported in the loaded dataset
    Freeport Welding & Fabricating, Inc. · 2023
  5. 5
    Vernor Material & Equipment Co Health & Welfare Benefits Plannot reported in the loaded dataset
    Vernor Material & Equipment Co,Inc · 2023

Largest plans in Freeport → · Freeport plans by participants → · Freeport plans with financial data → · Freeport plans with provider compensation → · $1B+ plans in Freeport →

What to inspect next

Frequently asked questions

How many Form 5500 benefit plans are loaded for Freeport, TX?
5 plan(s) reported by 3 sponsor(s) are loaded for Freeport, TX.

Related Form 5500 pages