Ascend Learning, Inc. 403(B) Plan — Form 5500 plan (Ascend Learning, 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, Ascend Learning, Inc. 403(B) Plan is a benefit plan reported by Ascend Learning, Inc. under EIN 33-1200239 and plan number 001. The latest loaded filing year is 2023. The filing reports 280 participants and $12,444,032 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Ascend Learning, Inc.
EIN
33-1200239
Plan number
001
Plan type
2
Location
Brooklyn, NY
Latest filing year
2023
Participants
280
End-of-year plan assets
$12,444,032

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023280H, C20240227140630NAL0007474659001
2023402H, C20240227140721NAL0012018721001
2023494H, C20240227140741NAL0013841280001
2023597H, C20240227140845NAL0006272947001
2023621H, C20240227140940NAL0020064274001
2023798H, C20240227141023NAL0012021825001
2023873H, C20240227141125NAL0012023665001
20231,026H, C20240731160314NAL0037119696001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$14,483,641
Total liabilities (EOY)
$253,559
Net assets (EOY)
$14,230,082
Net assets (BOY)
$13,183,047

Income & contributions

Employer contributions
$590,204
Participant contributions
$1,628,827
Total contributions
$2,503,607
Total income / additions
$4,643,231

Expenses & distributions

Benefits paid
$3,578,357
Administrative expenses
$16,264
Total expenses
$3,596,196
Net increase / (decrease)
$1,047,035

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Janney Montgomery Scott LLCNONE$0$66,7992023
Janney Montgomery Scott LLCNONE$0$44,4272023
Janney Montgomery Scott LLCNONE$0$31,9422023
Janney Montgomery Scott LLCNONE$0$24,2972023
Janney Montgomery Scott LLCNONE$0$16,3662023
Principal Life Insurance CompanyNONE$16,264$02023
Janney Montgomery Scott LLCNONE$0$11,6912023
Morgan Stanley Dw IncNONE$0$5,7192023
Principal Life Insurance CompanyNONE$5,116$02023
Morgan Stanley Dw IncNONE$0$5,1032023
Principal Life Insurance CompanyNONE$4,771$02023
Principal Life Insurance CompanyNONE$2,542$02023
Principal Life Insurance CompanyNONE$2,024$02023
Principal Life Insurance CompanyNONE$1,280$02023

Related Form 5500 pages