Educational Data Systems, Inc. 401(K) Plan — Form 5500 plan (Educational Data Systems, 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, Educational Data Systems, Inc. 401(K) Plan is a benefit plan reported by Educational Data Systems, Inc. under EIN 38-2272565 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,026 participants and $27,339,851 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$27.3MPlan net assets, end of year$27,339,851
Participants1KCovered participants reported1,026
Assets / participant$26.6KComputed: assets ÷ participants$26,647 (computed)
Provider compensation$99K2 Schedule C provider row(s)$99,035
Plan sponsor
Educational Data Systems, Inc.
EIN
38-2272565
Plan number
001
Plan type
2
Location
Dearborn, MI
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,026H, C20250811080012NAL0020212018001
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)$27.3M total assets
Net assets$27.3MLiabilities$0
Money in vs. money out
Total income / additions$6.5M
Total expenses$2.5M
Benefits paid / distributions$2.4M
Contributions
Employer$460.4K
Participant$2.8M
Full reported line items

Net assets

Total assets (EOY)
$27,339,851
Total liabilities (EOY)
$0
Net assets (EOY)
$27,339,851
Net assets (BOY)
$23,347,187

Income & contributions

Employer contributions
$460,378
Participant contributions
$2,776,623
Total contributions
$3,245,912
Total income / additions
$6,527,511

Expenses & distributions

Benefits paid
$2,435,829
Administrative expenses
$99,018
Total expenses
$2,534,847
Net increase / (decrease)
$3,992,664
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 14%Participant 86%
Total expenses ÷ net assets9%Computed ratio
Benefits paid ÷ total income37%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
T Rowe Price Rps IncNONE$64,035$02023
Resource Investment Advisors, Inc.NONE$35,000not reported in the loaded dataset2023

Related Form 5500 pages