Plan5500

Debt Education And Certification Foundation 401(K) Profit Sharing Plan — Form 5500 plan (Debt Education And Certification Foundation)

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, Debt Education And Certification Foundation 401(K) Profit Sharing Plan is a benefit plan reported by Debt Education And Certification Foundation under EIN 20-2870155 and plan number 001. The latest loaded filing year is 2023. The filing reports 18 participants and $2,193,587 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$2.2MPlan net assets, end of year$2,193,587
Participants18Covered participants reported
Assets / participant$121.9KComputed: assets ÷ participants$121,866 (computed)
Provider compensationNone reported
Plan sponsor
Debt Education And Certification Foundation
EIN
20-2870155
Plan number
001
Plan type
2
Location
Benbrook, TX
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202318I20240812151952NAL0005233187001
Schedule I · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$2.2M total assets
Net assets$2.2MLiabilities$0
Money in vs. money out
Total income / additions$397.1K
Total expenses$22.2K
Benefits paid / distributions$8.1K
Contributions
Employer$31.7K
Participant$58.8K
Full reported line items

Net assets

Total assets (EOY)
$2,193,587
Total liabilities (EOY)
$0
Net assets (EOY)
$2,193,587
Net assets (BOY)
$1,818,676

Income & contributions

Employer contributions
$31,657
Participant contributions
$58,777
Total income / additions
$397,098

Expenses & distributions

Benefits paid
$8,112
Administrative expenses
$14,075
Total expenses
$22,187
Net increase / (decrease)
$374,911
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 35%Participant 65%
Total expenses ÷ net assets1%Computed ratio
Benefits paid ÷ total income2%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages