2023 Form 5500 filing — Lrn Corporation Retirement 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 20240920131917NAL0004468339001) for Lrn Corporation Retirement Plan, reported by Lrn Corporation under EIN 95-4461694 and plan number 001. It reports 262 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$22MReported net assets$21,982,757
Participants262
Provider compensation$52.8K2 Schedule C row(s)$52,783
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240920131917NAL0004468339001
Plan sponsor
Lrn Corporation
EIN
95-4461694
Plan number
001
Location
New York, NY
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$22M total assets
Net assets$22MLiabilities$0
Money in vs. money out
Total income / additions$6M
Total expenses$4.4M
Benefits paid / distributions$4.3M
Contributions
Employer$549.3K
Participant$1.2M
Full reported line items
Total assets (EOY)
$21,982,757
Total liabilities (EOY)
$0
Net assets (EOY)
$21,982,757
Employer contributions
$549,346
Participant contributions
$1,156,486
Total income / additions
$6,007,934
Benefits paid
$4,269,289
Administrative expenses
$52,647
Total expenses
$4,352,106
Net increase / (decrease)
$1,655,828

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$52,633$0
Oppenheimer Life Agency LtdOTHER SERVICES$0$150

Related Form 5500 pages