Caravel Academy 401(K) Plan — Form 5500 plan (Caravel Academy)
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, Caravel Academy 401(K) Plan is a benefit plan reported by Caravel Academy under EIN 22-2602110 and plan number 001. The latest loaded filing year is 2023. The filing reports 163 participants and $10,250,219 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Caravel Academy
- EIN
- 22-2602110
- Plan number
- 001
- Plan type
- 2
- Location
- Bear, DE
- Latest filing year
- 2023
- Participants
- 163
- End-of-year plan assets
- $10,250,219
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 163 | H, C | 20241010215210NAL0021803249001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $10,250,219
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,250,219
- Net assets (BOY)
- $8,782,713
Income & contributions
- Employer contributions
- $111,080
- Participant contributions
- $353,606
- Total contributions
- $470,299
- Total income / additions
- $2,011,126
Expenses & distributions
- Benefits paid
- $543,595
- Administrative expenses
- $25
- Total expenses
- $543,620
- Net increase / (decrease)
- $1,467,506
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| John Hancock Life Insurance Company | RECORDKEPPER | $170 | $0 | 2023 |