Civic Intelligence

Freedom Industries Inc.

Plan context: Freedom Industries Inc. Employee Stock Ownership Plan

EIN 20-0450529 • Rocky Mount, NC • 49 filings • 10 plans

4000 E Old Spring Hope RdRocky Mount, NC 27804
Current Snapshot

Latest Year

2024

2024 Participants

173

2024 Assets

$36,610,696

2024 Contributions

$1,290,551

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$37,353,529$18,676,765$0200420152024YearValue
$36,610,696Latest year 2024

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

2151080200420152024YearValue
173Latest year 2024

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
20243173$36,610,696$1,290,551$7,460iApproximate average salary by contribution assumption: employee only about $186,496 at 4% or $124,331 at 6%; with 50% employer match about $124,331 at 4% or $82,887 at 6%; with 100% employer match about $93,248 at 4% or $62,165 at 6%.
Freedom Industries Inc. Employee Stock Ownership Plan-121$31,987,024$561,522$4,641iApproximate average salary by contribution assumption: employee only about $116,017 at 4% or $77,345 at 6%; with 50% employer match about $77,345 at 4% or $51,563 at 6%; with 100% employer match about $58,008 at 4% or $38,672 at 6%.
Freedom Industries Inc. 401K Profit Sharing Plan-108$4,623,672$729,029$6,750iApproximate average salary by contribution assumption: employee only about $168,757 at 4% or $112,504 at 6%; with 50% employer match about $112,504 at 4% or $75,003 at 6%; with 100% employer match about $84,378 at 4% or $56,252 at 6%.
Freedom Industries Group Medical-173---
20233124$37,353,529$1,175,891$9,483iApproximate average salary by contribution assumption: employee only about $237,075 at 4% or $158,050 at 6%; with 50% employer match about $158,050 at 4% or $105,367 at 6%; with 100% employer match about $118,537 at 4% or $79,025 at 6%.
Freedom Industries Inc. Employee Stock Ownership Plan-121$33,750,319$431,261$3,564iApproximate average salary by contribution assumption: employee only about $89,104 at 4% or $59,402 at 6%; with 50% employer match about $59,402 at 4% or $39,602 at 6%; with 100% employer match about $44,552 at 4% or $29,701 at 6%.
Freedom Industries Inc. 401K Profit Sharing Plan-88$3,603,210$744,630$8,462iApproximate average salary by contribution assumption: employee only about $211,543 at 4% or $141,028 at 6%; with 50% employer match about $141,028 at 4% or $94,019 at 6%; with 100% employer match about $105,771 at 4% or $70,514 at 6%.
Freedom Industries Group Medical-124---
20223123$16,490,600$923,742$7,510iApproximate average salary by contribution assumption: employee only about $187,752 at 4% or $125,168 at 6%; with 50% employer match about $125,168 at 4% or $83,446 at 6%; with 100% employer match about $93,876 at 4% or $62,584 at 6%.
Freedom Industries Inc. Employee Stock Ownership Plan-116$13,889,024$502,855$4,335iApproximate average salary by contribution assumption: employee only about $108,374 at 4% or $72,249 at 6%; with 50% employer match about $72,249 at 4% or $48,166 at 6%; with 100% employer match about $54,187 at 4% or $36,125 at 6%.
Freedom Industries Inc. 401K Profit Sharing Plan-119$2,601,576$420,887$3,537iApproximate average salary by contribution assumption: employee only about $88,422 at 4% or $58,948 at 6%; with 50% employer match about $58,948 at 4% or $39,299 at 6%; with 100% employer match about $44,211 at 4% or $29,474 at 6%.
Freedom Industries Group Medical-123---
20213105$8,609,225$385,763$3,674iApproximate average salary by contribution assumption: employee only about $91,848 at 4% or $61,232 at 6%; with 50% employer match about $61,232 at 4% or $40,821 at 6%; with 100% employer match about $45,924 at 4% or $30,616 at 6%.
Freedom Industries Inc. Employee Stock Ownership Plan-102$5,812,716$60,122$589iApproximate average salary by contribution assumption: employee only about $14,736 at 4% or $9,824 at 6%; with 50% employer match about $9,824 at 4% or $6,549 at 6%; with 100% employer match about $7,368 at 4% or $4,912 at 6%.
Freedom Industries Inc. 401K Profit Sharing Plan-105$2,796,509$325,641$3,101iApproximate average salary by contribution assumption: employee only about $77,534 at 4% or $51,689 at 6%; with 50% employer match about $51,689 at 4% or $34,459 at 6%; with 100% employer match about $38,767 at 4% or $25,845 at 6%.
Freedom Industries Group Medical-90---
20203151$4,320,168$430,976$2,854iApproximate average salary by contribution assumption: employee only about $71,354 at 4% or $47,569 at 6%; with 50% employer match about $47,569 at 4% or $31,713 at 6%; with 100% employer match about $35,677 at 4% or $23,785 at 6%.
Freedom Industries Inc. 401K Profit Sharing Plan-151$2,540,724$334,248$2,214iApproximate average salary by contribution assumption: employee only about $55,339 at 4% or $36,893 at 6%; with 50% employer match about $36,893 at 4% or $24,595 at 6%; with 100% employer match about $27,670 at 4% or $18,446 at 6%.
Freedom Industries Inc. Employee Stock Ownership Plan-108$1,779,444$96,728$896iApproximate average salary by contribution assumption: employee only about $22,391 at 4% or $14,927 at 6%; with 50% employer match about $14,927 at 4% or $9,951 at 6%; with 100% employer match about $11,195 at 4% or $7,464 at 6%.
Freedom Industries Group Medical-88---
20194106$3,731,433$396,270$3,738iApproximate average salary by contribution assumption: employee only about $93,460 at 4% or $62,307 at 6%; with 50% employer match about $62,307 at 4% or $41,538 at 6%; with 100% employer match about $46,730 at 4% or $31,153 at 6%.
Freedom Industries Inc. 401K Profit Sharing Plan-106$2,064,925$344,627$3,251iApproximate average salary by contribution assumption: employee only about $81,280 at 4% or $54,187 at 6%; with 50% employer match about $54,187 at 4% or $36,124 at 6%; with 100% employer match about $40,640 at 4% or $27,093 at 6%.
Freedom Industries Inc. Employee Stock Ownership Plan-93$1,666,508$51,643$555iApproximate average salary by contribution assumption: employee only about $13,883 at 4% or $9,255 at 6%; with 50% employer match about $9,255 at 4% or $6,170 at 6%; with 100% employer match about $6,941 at 4% or $4,628 at 6%.
Freedom Industries Group Medical-101---
Freedom Industries Inc. Group Life Insurance Plan-0---
20184143$2,815,763$433,912$3,034iApproximate average salary by contribution assumption: employee only about $75,859 at 4% or $50,572 at 6%; with 50% employer match about $50,572 at 4% or $33,715 at 6%; with 100% employer match about $37,929 at 4% or $25,286 at 6%.
Freedom Industries Inc. 401K Profit Sharing Plan-123$1,999,008$371,803$3,023iApproximate average salary by contribution assumption: employee only about $75,570 at 4% or $50,380 at 6%; with 50% employer match about $50,380 at 4% or $33,587 at 6%; with 100% employer match about $37,785 at 4% or $25,190 at 6%.
Freedom Industries Inc. Employee Stock Ownership Plan-105$816,755$62,109$592iApproximate average salary by contribution assumption: employee only about $14,788 at 4% or $9,859 at 6%; with 50% employer match about $9,859 at 4% or $6,572 at 6%; with 100% employer match about $7,394 at 4% or $4,929 at 6%.
Freedom Industries Group Medical-122---
Freedom Industries Inc. Group Life Insurance Plan-143---
20174155$5,455,788$426,394$2,751iApproximate average salary by contribution assumption: employee only about $68,773 at 4% or $45,849 at 6%; with 50% employer match about $45,849 at 4% or $30,566 at 6%; with 100% employer match about $34,387 at 4% or $22,924 at 6%.
Freedom Industries Inc. Employee Stock Ownership Plan-113$3,194,920$38,137$337iApproximate average salary by contribution assumption: employee only about $8,437 at 4% or $5,625 at 6%; with 50% employer match about $5,625 at 4% or $3,750 at 6%; with 100% employer match about $4,219 at 4% or $2,812 at 6%.
Freedom Industries Inc. 401K Profit Sharing Plan-155$2,260,868$388,257$2,505iApproximate average salary by contribution assumption: employee only about $62,622 at 4% or $41,748 at 6%; with 50% employer match about $41,748 at 4% or $27,832 at 6%; with 100% employer match about $31,311 at 4% or $20,874 at 6%.
Freedom Industries Inc. Group Life Insurance Plan-143---
Freedom Industries Group Medical-143---
20165167$3,832,163$416,502$2,494iApproximate average salary by contribution assumption: employee only about $62,351 at 4% or $41,567 at 6%; with 50% employer match about $41,567 at 4% or $27,711 at 6%; with 100% employer match about $31,175 at 4% or $20,784 at 6%.
Freedom Industries Inc. Employee Stock Ownership Plan-108$2,156,076$33,955$314iApproximate average salary by contribution assumption: employee only about $7,860 at 4% or $5,240 at 6%; with 50% employer match about $5,240 at 4% or $3,493 at 6%; with 100% employer match about $3,930 at 4% or $2,620 at 6%.
Freedom Industries Inc. 401K Profit Sharing Plan-155$1,676,087$382,547$2,468iApproximate average salary by contribution assumption: employee only about $61,701 at 4% or $41,134 at 6%; with 50% employer match about $41,134 at 4% or $27,423 at 6%; with 100% employer match about $30,851 at 4% or $20,567 at 6%.
Freedom Industries Group Medical-115---
Freedom Industries Inc. Group Life Insurance Plan-167---
Freedom Industries Group Medical-167---
20154215$2,744,429$320,243$1,490iApproximate average salary by contribution assumption: employee only about $37,238 at 4% or $24,825 at 6%; with 50% employer match about $24,825 at 4% or $16,550 at 6%; with 100% employer match about $18,619 at 4% or $12,413 at 6%.
Freedom Industries Inc. 401K Profit Sharing Plan-59$1,372,722$294,257$4,987iApproximate average salary by contribution assumption: employee only about $124,685 at 4% or $83,123 at 6%; with 50% employer match about $83,123 at 4% or $55,416 at 6%; with 100% employer match about $62,343 at 4% or $41,562 at 6%.
Freedom Industries Inc. Employee Stock Ownership Plan-80$1,371,707$25,986$325iApproximate average salary by contribution assumption: employee only about $8,121 at 4% or $5,414 at 6%; with 50% employer match about $5,414 at 4% or $3,609 at 6%; with 100% employer match about $4,060 at 4% or $2,707 at 6%.
Freedom Industries Group Medical-132---
Freedom Industries Inc. Group Life Insurance Plan-215---
2014279$1,706,946$239,975$3,038iApproximate average salary by contribution assumption: employee only about $75,941 at 4% or $50,628 at 6%; with 50% employer match about $50,628 at 4% or $33,752 at 6%; with 100% employer match about $37,971 at 4% or $25,314 at 6%.
Freedom Industries Inc. 401K Profit Sharing Plan-51$1,226,239$185,797$3,643iApproximate average salary by contribution assumption: employee only about $91,077 at 4% or $60,718 at 6%; with 50% employer match about $60,718 at 4% or $40,479 at 6%; with 100% employer match about $45,538 at 4% or $30,359 at 6%.
Freedom Industries Inc. Employee Stock Ownership Plan-79$480,707$54,178$686iApproximate average salary by contribution assumption: employee only about $17,145 at 4% or $11,430 at 6%; with 50% employer match about $11,430 at 4% or $7,620 at 6%; with 100% employer match about $8,572 at 4% or $5,715 at 6%.
2013150$1,233,088$193,185$3,864iApproximate average salary by contribution assumption: employee only about $96,593 at 4% or $64,395 at 6%; with 50% employer match about $64,395 at 4% or $42,930 at 6%; with 100% employer match about $48,296 at 4% or $32,198 at 6%.
Freedom Industries Inc. 401K Profit Sharing Plan-50$1,233,088$193,185$3,864iApproximate average salary by contribution assumption: employee only about $96,593 at 4% or $64,395 at 6%; with 50% employer match about $64,395 at 4% or $42,930 at 6%; with 100% employer match about $48,296 at 4% or $32,198 at 6%.
2012292$986,544$177,108$1,925iApproximate average salary by contribution assumption: employee only about $48,127 at 4% or $32,085 at 6%; with 50% employer match about $32,085 at 4% or $21,390 at 6%; with 100% employer match about $24,064 at 4% or $16,042 at 6%.
Freedom Industries Inc. 401K Profit Sharing Plan-60$986,544$177,108$2,952iApproximate average salary by contribution assumption: employee only about $73,795 at 4% or $49,197 at 6%; with 50% employer match about $49,197 at 4% or $32,798 at 6%; with 100% employer match about $36,898 at 4% or $24,598 at 6%.
Freedom Industries Inc. Employee Stock Ownership Plan-92---
2011159$863,059$221,350$3,752iApproximate average salary by contribution assumption: employee only about $93,792 at 4% or $62,528 at 6%; with 50% employer match about $62,528 at 4% or $41,685 at 6%; with 100% employer match about $46,896 at 4% or $31,264 at 6%.
Freedom Industries Inc. 401K Profit Sharing Plan-59$863,059$221,350$3,752iApproximate average salary by contribution assumption: employee only about $93,792 at 4% or $62,528 at 6%; with 50% employer match about $62,528 at 4% or $41,685 at 6%; with 100% employer match about $46,896 at 4% or $31,264 at 6%.
2010152$744,032$203,760$3,918iApproximate average salary by contribution assumption: employee only about $97,962 at 4% or $65,308 at 6%; with 50% employer match about $65,308 at 4% or $43,538 at 6%; with 100% employer match about $48,981 at 4% or $32,654 at 6%.
Freedom Industries Inc. 401K Profit Sharing Plan-52$744,032$203,760$3,918iApproximate average salary by contribution assumption: employee only about $97,962 at 4% or $65,308 at 6%; with 50% employer match about $65,308 at 4% or $43,538 at 6%; with 100% employer match about $48,981 at 4% or $32,654 at 6%.
2009246$488,259$193,111$4,198iApproximate average salary by contribution assumption: employee only about $104,952 at 4% or $69,968 at 6%; with 50% employer match about $69,968 at 4% or $46,645 at 6%; with 100% employer match about $52,476 at 4% or $34,984 at 6%.
Freedom Industries Inc. 401K Profit Sharing Plan-46$488,259$193,111$4,198iApproximate average salary by contribution assumption: employee only about $104,952 at 4% or $69,968 at 6%; with 50% employer match about $69,968 at 4% or $46,645 at 6%; with 100% employer match about $52,476 at 4% or $34,984 at 6%.
Freedom Industries Inc. 401K Profit Sharing Plan-----
2008169$220,805$145,360$2,107iApproximate average salary by contribution assumption: employee only about $52,667 at 4% or $35,111 at 6%; with 50% employer match about $35,111 at 4% or $23,407 at 6%; with 100% employer match about $26,333 at 4% or $17,556 at 6%.
Freedom Industries Inc. 401K Profit Sharing Plan-69$220,805$145,360$2,107iApproximate average salary by contribution assumption: employee only about $52,667 at 4% or $35,111 at 6%; with 50% employer match about $35,111 at 4% or $23,407 at 6%; with 100% employer match about $26,333 at 4% or $17,556 at 6%.
2006134$92,960$27,683$814iApproximate average salary by contribution assumption: employee only about $20,355 at 4% or $13,570 at 6%; with 50% employer match about $13,570 at 4% or $9,047 at 6%; with 100% employer match about $10,178 at 4% or $6,785 at 6%.
Freedom Industries Inc. 401K Profit Sharing Plan-34$92,960$27,683$814iApproximate average salary by contribution assumption: employee only about $20,355 at 4% or $13,570 at 6%; with 50% employer match about $13,570 at 4% or $9,047 at 6%; with 100% employer match about $10,178 at 4% or $6,785 at 6%.
2005110$56,465$39,594$3,959iApproximate average salary by contribution assumption: employee only about $98,985 at 4% or $65,990 at 6%; with 50% employer match about $65,990 at 4% or $43,993 at 6%; with 100% employer match about $49,493 at 4% or $32,995 at 6%.
Freedom Industries Inc. 401K Profit Sharing Plan-10$56,465$39,594$3,959iApproximate average salary by contribution assumption: employee only about $98,985 at 4% or $65,990 at 6%; with 50% employer match about $65,990 at 4% or $43,993 at 6%; with 100% employer match about $49,493 at 4% or $32,995 at 6%.
2004113$18,684$18,145$1,396iApproximate average salary by contribution assumption: employee only about $34,894 at 4% or $23,263 at 6%; with 50% employer match about $23,263 at 4% or $15,509 at 6%; with 100% employer match about $17,447 at 4% or $11,631 at 6%.
Freedom Industries Inc. 401K Profit Sharing Plan-13$18,684$18,145$1,396iApproximate average salary by contribution assumption: employee only about $34,894 at 4% or $23,263 at 6%; with 50% employer match about $23,263 at 4% or $15,509 at 6%; with 100% employer match about $17,447 at 4% or $11,631 at 6%.
Freedom Industries Inc. | EIN 20-0450529 | 2024 Form 5500 Company Profile