How big is Freedom Bank's plan?

Freedom Bank's plan reported $2.2M in assets and 52 participants for 2024.

Original filing (PDF)20250717171521NAL0000387507001

Freedom Bank

Name: Freedom Bank — Freedom Bank 401(k) Plan, Form 5500 (2024)
Creator: Freedom Bank
License: https://www.usa.gov/government-works

Form 5500-SF

FILING_RECEIVED

Freedom Bank 401(k) Plan

401(k) retirement plan · Freedom Bank's Freedom Bank 401(k) Plan held $2.2M in plan assets for 52 participants in 2024.

Active participants

Accounts w/ balance

Plan assets (EOY)

$2.2M

Net assets (EOY)

$2.2M

People on this filing

Valerie D. Hurst signed Freedom Bank's 2024 Form 5500 as plan administrator.

Valerie D. Hurst — Plan Administrator — Form 5500 signer

Get verified email & phone for these signers

Signer names are public record from the Form 5500 e-signature.

Plan identifiers

Freedom Bank's EIN is 55-0122185.

EIN 55-0122185

Plan number 002

Plan year 2024

ACK ID 20250717171521NAL0000387507001

Official Form 5500 document

Download the official 2024 Form 5500 (PDF) for Freedom Bank from the U.S. Department of Labor's EFAST2 system.

Download the official 2024 Form 5500 (PDF)

Plan features

Freedom Bank's plan includes profit-sharing, ERISA 404(c) participant direction, a 401(k) feature, a default investment (QDIA).

Decision-maker contacts

One unlock reveals every key decision-maker — plan signer, CFO, HR & Benefits — with verified email + LinkedIn for FREEDOM BANK.

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Plan health score

Above-average plan

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool. Based on 70% of scoring inputs for this filing.

Compliance & integrity

100

Total plan cost

n/a

Plan health

Vendor & structure

100

Knocking points off

Low account-holder ratio — balance-holders per active participant in the bottom quartile of peers (15th percentile).

Helping the score

Cost not scored — no comparable Schedule H expense data for this cohort.

Plan sponsor

Name

FREEDOM BANK

EIN

all filings

Address

20 N. CRIM AVENUE · BELINGTON, WV · 262508106

Phone

(304) 823-1531

Industry

Commercial Banking· Finance & Insurance

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

002

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-07-17

Pension benefit codes

2E · Profit-sharing

2F · ERISA section 404(c)

2G · Total participant-directed accounts

2J · 401(k) feature

2K · 401(m) arrangement

2T · Default investment account (QDIA)

3D · Pre-approved plan (master / prototype / VS)

3H · Sponsor in controlled / affiliated group

Service providers (Schedule C)

Small plans don't disclose service providers

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