International Education Corporation 401(K) Plan — Form 5500 plan (International Education Corporation)

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, International Education Corporation 401(K) Plan is a benefit plan reported by International Education Corporation under EIN 33-0807482 and plan number 001. The latest loaded filing year is 2023. The filing reports 3,322 participants and $32,332,567 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$32.3MPlan net assets, end of year$32,332,567
Participants3.3KCovered participants reported3,322
Assets / participant$9.7KComputed: assets ÷ participants$9,733 (computed)
Provider compensation$256.9K3 Schedule C provider row(s)$256,859
Plan sponsor
International Education Corporation
EIN
33-0807482
Plan number
001
Plan type
2
Location
Irvine, CA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20233,322H, C20241223125324NAL0005863651001
Schedule H · 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)$32.3M total assets
Net assets$32.3MLiabilities$0
Money in vs. money out
Total income / additions$11.2M
Total expenses$4.9M
Benefits paid / distributions$4.6M
Contributions
Employer$2.3M
Participant$3.6M
Full reported line items

Net assets

Total assets (EOY)
$32,332,567
Total liabilities (EOY)
$0
Net assets (EOY)
$32,332,567
Net assets (BOY)
$25,999,384

Income & contributions

Employer contributions
$2,294,060
Participant contributions
$3,579,655
Total contributions
$6,373,457
Total income / additions
$11,221,656

Expenses & distributions

Benefits paid
$4,618,392
Administrative expenses
$239,620
Total expenses
$4,888,473
Net increase / (decrease)
$6,333,183
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 39%Participant 61%
Total expenses ÷ net assets15%Computed ratio
Benefits paid ÷ total income41%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$239,619$02023
Burnham Gibson Wealth Advisors, IncINVESTMENT ADVISORY$0$8,7402023
Roorda, Piquet & Besee, Inc.ACCOUNTANT$0$8,5002023

Related Form 5500 pages