Western Reserve Academy Faculty And Staff Retirement Plan — Form 5500 plan (Western Reserve 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, Western Reserve Academy Faculty And Staff Retirement Plan is a benefit plan reported by Western Reserve Academy under EIN 34-0714390 and plan number 001. The latest loaded filing year is 2023. The filing reports 359 participants and $27,553,346 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Western Reserve Academy
- EIN
- 34-0714390
- Plan number
- 001
- Plan type
- 2
- Location
- Hudson, OH
- Latest filing year
- 2023
- Participants
- 359
- End-of-year plan assets
- $27,553,346
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 359 | H, C | 20241010165354NAL0010281667001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $27,553,346
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $27,553,346
- Net assets (BOY)
- $25,489,669
Income & contributions
- Employer contributions
- $1,023,887
- Total contributions
- $1,023,887
- Total income / additions
- $4,713,728
Expenses & distributions
- Benefits paid
- $2,635,326
- Administrative expenses
- $14,725
- Total expenses
- $2,650,051
- Net increase / (decrease)
- $2,063,677
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Henderson Bros. Ret. Plan Serv. | NONE | $31,378 | not reported in the loaded dataset | 2023 |
| Tiaa | RECORDKEEPER | $425 | $0 | 2023 |