Per Scholas Inc 401(K) Profit Sharing Plan — Form 5500 plan (Per Scholas Inc)
Plain-English plan 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, Per Scholas Inc 401(K) Profit Sharing Plan is a benefit plan reported by Per Scholas Inc under EIN 04-3252955 and plan number 001. The latest loaded filing year is 2023. The filing reports 490 participants and $10,199,973 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Per Scholas Inc
- EIN
- 04-3252955
- Plan number
- 001
- Plan type
- 2
- Location
- Bronx, NY
- Latest filing year
- 2023
- Participants
- 490
- End-of-year plan assets
- $10,199,973
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 490 | H, C | 20241015052122NAL0015885203001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $10,199,973
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,199,973
- Net assets (BOY)
- $6,584,871
Income & contributions
- Employer contributions
- $1,052,400
- Participant contributions
- $1,732,355
- Total contributions
- $3,287,501
- Total income / additions
- $4,666,707
Expenses & distributions
- Benefits paid
- $1,016,032
- Administrative expenses
- $33,500
- Total expenses
- $1,051,605
- Net increase / (decrease)
- $3,615,102
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Wells Fargo Advisors | NONE | $0 | $41,424 | 2023 |
| Voya Retirement & Annuity Co | RECORDKEEPER | $21,984 | $0 | 2023 |