2023 Form 5500 filing — First Student, Inc. Retirement Savings 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 20241014155828NAL0027793601001) for First Student, Inc. Retirement Savings Plan, reported by Firstgroup America, Inc. under EIN 52-2205403 and plan number 002. It reports 53,667 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014155828NAL0027793601001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Firstgroup America, Inc.
- EIN
- 52-2205403
- Plan number
- 002
- Location
- Cincinnati, OH
- Participants
- 53,667
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $303,645,765
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $303,645,765
- Employer contributions
- $6,329,791
- Participant contributions
- $23,975,109
- Total income / additions
- $76,611,842
- Benefits paid
- $93,293,385
- Administrative expenses
- $932,800
- Total expenses
- $94,314,569
- Net increase / (decrease)
- -$17,702,727
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $758,965 | $0 |
| Capfinancial Partners, L | INV ADV, PARTICIPANTS | $81,000 | not reported in the loaded dataset |
| Michele Parisey, Empl Benefit Solut | CONTRACT ADMINISTRATOR | $50,240 | not reported in the loaded dataset |
| Morris, Manning & Martin, Llp | LEGAL | $50,061 | not reported in the loaded dataset |
| Cap Financial Partners | INVESTMENT ADVISORY | $20,250 | not reported in the loaded dataset |