Freedom Mortgage 401k Plan — Form 5500 plan (Freedom Mortgage Corporation)

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 Mortgage 401k Plan is a benefit plan reported by Freedom Mortgage Corporation under EIN 22-3039688 and plan number 001. The latest loaded filing year is 2023. The filing reports 6,033 participants and $180,258,303 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Freedom Mortgage Corporation
EIN
22-3039688
Plan number
001
Plan type
2
Location
Mt. Laurel, NJ
Latest filing year
2023
Participants
6,033
End-of-year plan assets
$180,258,303

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20236,033H, C20241014145414NAL0015149043002

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$180,258,303
Net assets (EOY)
$180,258,303
Net assets (BOY)
$167,637,972

Income & contributions

Employer contributions
$3,784,873
Participant contributions
$17,586,968
Total contributions
$23,243,810
Total income / additions
$50,514,448

Expenses & distributions

Benefits paid
$36,394,513
Administrative expenses
$571,877
Total expenses
$37,182,210
Net increase / (decrease)
$13,332,238

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Transamerica Retirement SolutionsRECORDKEEPER$379,029$02023
Lpl Financial Retirement PartnersCONSULTANT$166,598not reported in the loaded dataset2023
Sageview Advisory Grp IncINVESTMENT ADVISORY-PLAN$26,250not reported in the loaded dataset2023
National Financial Services, Inc.SECURITIES BROKER$0$02023

Related Form 5500 pages