Family Life Academy Charter School 401(K) Retirement Plan — Form 5500 plan (Family Life Academy Charter School)
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, Family Life Academy Charter School 401(K) Retirement Plan is a benefit plan reported by Family Life Academy Charter School under EIN 13-4170389 and plan number 001. The latest loaded filing year is 2023. The filing reports 317 participants and $6,441,244 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Family Life Academy Charter School
- EIN
- 13-4170389
- Plan number
- 001
- Plan type
- 2
- Location
- Bronx, NY
- Latest filing year
- 2023
- Participants
- 317
- End-of-year plan assets
- $6,441,244
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 317 | H, C | 20250107122712NAL0009555329001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $6,441,244
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,441,244
- Net assets (BOY)
- $5,036,096
Income & contributions
- Employer contributions
- $338,798
- Participant contributions
- $711,326
- Total contributions
- $1,050,124
- Total income / additions
- $1,802,833
Expenses & distributions
- Benefits paid
- $327,911
- Administrative expenses
- $69,774
- Total expenses
- $397,685
- Net increase / (decrease)
- $1,405,148
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Transamerica Financial Life Ins Co | RECORDKEEPER | $59,474 | $0 | 2023 |
| Magii Pension Services, LLC | RECORDKEEPER | $7,750 | $0 | 2023 |