Plan Snapshot
- Plan Sponsor: Freedom Scientific, INC.
- Sponsor EIN: 330871664
- Sponsor Address: 17757 US HIGHWAY 19 N, SUITE 200, CLEARWATER, FL, 337646570
- Plan Type: 401(k)
- Total Participants: 196
- Total Assets: $31.9M
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 | 196 | $31.9M | $731,900 | $2.1M |
| 2023 | 215 | $28.2M | $694,105 | $2.1M |
| 2022 | 274 | $24.1M | $717,723 | $2.1M |
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 |
|---|---|---|---|---|
| ASSURANCE DIMENSIONS, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ASSURANCE DIMENSIONS, LLC — Auditor
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 | $208,303 | $73,914 | $134,389 | — | — |
| 2023 | $177,350 | $63,174 | $114,176 | — | — |
| 2022 | $194,241 | $154,740 | $39,501 | — | — |