2023 Form 5500 filing — Freedom Technology Solutions Group, LLC 401(K) Profit Sharing Plan

Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240731124050NAL0022221729001) for Freedom Technology Solutions Group, LLC 401(K) Profit Sharing Plan, reported by Freedom Technology Solutions Group,LLC under EIN 20-1679732 and plan number 001. It reports 230 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$24.6MReported net assets$24,622,977

Participants230

Provider compensation$65K2 Schedule C row(s)$65,037

Schedules filedSchedule H, Schedule CLoaded schedules

EFAST2 acknowledgement: 20240731124050NAL0022221729001
Plan sponsor: Freedom Technology Solutions Group,LLC
EIN: 20-1679732
Plan number: 001
Location: Columbia, MD
Received date: not reported in the loaded dataset

How to read this filing

This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
Schedule chips (Sch H / I / C) show which schedules this filing includes.
Net assets = total assets minus total liabilities (Schedule H/I).
Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
For the plan's full history, open the plan profile.

Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$24.6M total assets

Net assets$24.6MLiabilities$0

Money in vs. money out

Total income / additions$8.4M

Total expenses$4.7M

Benefits paid / distributions$4.6M

Contributions

Employer$1.7M

Participant$2.1M

Full reported line items

Total assets (EOY): $24,622,977
Total liabilities (EOY): $0
Net assets (EOY): $24,622,977
Employer contributions: $1,698,835
Participant contributions: $2,053,445
Total income / additions: $8,404,828
Benefits paid: $4,570,931
Administrative expenses: $69,580
Total expenses: $4,682,201
Net increase / (decrease): $3,722,627

Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

1
John Hancock Ret Plan Services$62.9K
RECORDKEEPER · Direct $62.9K
2
Millenium Investment & Retirement A$2.2K
ADVISORY · Direct $2.2K

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20240731124050NAL0022221729001 cover?: It is the 2023 Form 5500 filing for Freedom Technology Solutions Group, LLC 401(K) Profit Sharing Plan, reported by Freedom Technology Solutions Group,LLC (EIN 20-1679732).
Which Form 5500 schedules are attached to this 2023 filing?: Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).