Freedom Senior Services 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Freedom Senior Services)
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 Senior Services 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Freedom Senior Services under EIN 87-4225504 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,844 participants and $3,508,758 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$3.5MPlan net assets, end of year$3,508,758
Participants1.8KCovered participants reported1,844
Assets / participant$1.9KComputed: assets ÷ participants$1,903 (computed)
Provider compensation$53.6K2 Schedule C provider row(s)$53,650
- Plan sponsor
- Freedom Senior Services
- EIN
- 87-4225504
- Plan number
- 001
- Plan type
- 2
- Location
- Louisville, KY
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,844 | H, C | 20251121083307NAL0014527394001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$3.5M total assets
Net assets$3.5MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $3,508,758
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $3,508,758
- Net assets (BOY)
- $1,188,755
Income & contributions
- Employer contributions
- $901,368
- Participant contributions
- $1,250,935
- Total contributions
- $2,160,702
- Total income / additions
- $2,497,205
Expenses & distributions
- Benefits paid
- $122,160
- Administrative expenses
- $55,042
- Total expenses
- $177,202
- Net increase / (decrease)
- $2,320,003
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Paychex, Inc. | RECORDKEEPER | $36,285 | not reported in the loaded dataset | 2023 |
| Erisa Fiduciary Services, Inc. | CONTRACT ADMINISTRATOR | $17,365 | not reported in the loaded dataset | 2023 |