New Freedom Ops, LLC.401(k)
NEW FREEDOM OPS, LLC. 401(K) PROFIT SHARING PLAN · PHOENIX, AZ · plan year 2022
New Freedom Ops, LLC.'s 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $304,674 across 146 participant accounts, with employer contributions averaging $1,279 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Arizona (1,241st of 1,285), and 11,570th of 11,911 in health care & social assistance. In 2022, the employer put in $7.76 for every $1.00 employees contributed themselves.
New Freedom Ops, LLC.'s 2022 employer contribution ran above the $331 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
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Source: U.S. Department of Labor, Form 5500 series, EIN 850571330 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.