Freedom Forever 401(k) match, vesting and fees
What Freedom Forever's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | John Hancock USA | Schedule C ↗ |
| Independent auditor | Rji International Cpa'S (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 522 defined-contribution plans in construction with 500 to 999 participants.
| Freedom Forever: employer contribution per participant | $20 | |
| Peer median | $2,358 |
| Freedom Forever: average balance | $12,093 | |
| Peer median | $60,334 |
| Freedom Forever: admin expenses ÷ assets | 1.01% | |
| Peer median | 0.31% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $6.3M at the end of plan year 2023 to $8.8M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 4,815 | $8.8M | $15K | $20 | 1.01% | Not published | Form 5500 ↗ |
| 2023 | 2,591 | $6.3M | $626 | $2 | 0.96% | Not published | Form 5500 ↗ |
Common questions
Does Freedom Forever match 401(k) contributions?
The match terms for the Freedom Forever LLC 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $15K in employer contributions, about $20 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Freedom Forever 401(k) match vested?
The vesting schedule for the Freedom Forever LLC 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Freedom Forever 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is John Hancock USA. The plan administrator is Freedom Forever LLC.
I left Freedom Forever. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Freedom Forever LLC, (951) 319-4963) or the recordkeeper, John Hancock USA. The Freedom Forever old 401(k) page lists the contacts from every plan filing. Find an old Freedom Forever 401(k)
Data from the public Form 5500 annual reports Freedom Forever filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Freedom Forever. Not financial advice. Report a correction · Methodology