Plan Snapshot
- Plan Sponsor: Freedom Mortgage Corporation
- Sponsor EIN: 223039688
- Sponsor Address: 907 PLEASANT VALLEY AVE, MT. LAUREL, NJ, 08054
- Plan Type: 401(k)
- Total Participants: 3,216
- Total Assets: $200.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 3,216 | $200.3M | $3.2M | $17.5M |
| 2023 | 3,255 | $180.3M | $3.8M | $17.6M |
| 2022 | 3,727 | $167.6M | $4.1M | $30.6M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| JTGOLDSTEIN LLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $699,777 | $242,622 | — | — | — |
| 2023 | $571,877 | $192,848 | — | — | — |
| 2022 | $724,231 | $257,633 | — | — | — |