2023 Form 5500 filing — Black Pearl Educational Services, LLC 401(K) Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240821135814NAL0007094944001) for Black Pearl Educational Services, LLC 401(K) Plan, reported by Black Pearl Educational Services, LLC under EIN 81-4286951 and plan number 001. It reports 178 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240821135814NAL0007094944001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Black Pearl Educational Services, LLC
- EIN
- 81-4286951
- Plan number
- 001
- Location
- Byron Center, MI
- Participants
- 178
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $12,549,189
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $12,549,189
- Employer contributions
- $464,924
- Participant contributions
- $397,884
- Total income / additions
- $3,050,568
- Benefits paid
- $2,619,654
- Administrative expenses
- $73,358
- Total expenses
- $2,693,012
- Net increase / (decrease)
- $357,556
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Millennium Investment And Ret | RIA | $3,455 | $0 |
| John Hancock Life Insurance Company | RECORD-KEEPER | $2,346 | $0 |
| Northstar Fiduciary Partners | RIA | $1,591 | $0 |