2023 Form 5500 filing — Penn Foster, Inc. 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 20241009165829NAL0010863747001) for Penn Foster, Inc. 401(K) Plan, reported by Penn Foster, Inc. under EIN 33-0124636 and plan number 001. It reports 1,194 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241009165829NAL0010863747001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Penn Foster, Inc.
- EIN
- 33-0124636
- Plan number
- 001
- Location
- Scranton, PA
- Participants
- 1,194
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $48,814,732
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $48,814,732
- Employer contributions
- $938,818
- Participant contributions
- $2,740,235
- Total income / additions
- $11,141,141
- Benefits paid
- $4,775,917
- Administrative expenses
- $137,971
- Total expenses
- $4,974,727
- Net increase / (decrease)
- $6,166,414
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Usi Advisors | ADVISORS | $82,465 | not reported in the loaded dataset |
| Usi Consulting Group | RECORDKEEPER | $55,506 | not reported in the loaded dataset |