2023 Form 5500 filing — Lake Forest Academy Defined Contribution 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 20240926102202NAL0000974080001) for Lake Forest Academy Defined Contribution Plan, reported by Lake Forest Academy under EIN 36-2216167 and plan number 001. It reports 172 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240926102202NAL0000974080001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Lake Forest Academy
- EIN
- 36-2216167
- Plan number
- 001
- Location
- Lake Forest, IL
- Participants
- 172
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $37,318,265
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $37,318,265
- Employer contributions
- $1,043,224
- Participant contributions
- $1,135,049
- Total income / additions
- $7,853,771
- Benefits paid
- $1,142,574
- Administrative expenses
- $106,948
- Total expenses
- $1,249,522
- Net increase / (decrease)
- $6,604,249
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $106,948 | $0 |
| Faircourt Partners, LLC | INVESTMENT ADVISORY | $0 | $60,312 |