Effective School Solutions, LLC 401(K) Plan — Form 5500 plan (Effective School Solutions, LLC)

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, Effective School Solutions, LLC 401(K) Plan is a benefit plan reported by Effective School Solutions, LLC under EIN 45-2692108 and plan number 001. The latest loaded filing year is 2023. The filing reports 602 participants and $7,415,597 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Effective School Solutions, LLC
EIN
45-2692108
Plan number
001
Plan type
2
Location
New Providence, NJ
Latest filing year
2023
Participants
602
End-of-year plan assets
$7,415,597

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023602H, C20241010143034NAL0020338209001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$7,415,597
Net assets (EOY)
$7,415,597
Net assets (BOY)
$4,928,662

Income & contributions

Employer contributions
$220,267
Participant contributions
$1,571,214
Total contributions
$2,360,640
Total income / additions
$3,449,856

Expenses & distributions

Benefits paid
$908,105
Administrative expenses
$54,816
Total expenses
$962,921
Net increase / (decrease)
$2,486,935

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$54,897$02023
Sagepoint Financial IncINVESTMENT ADVISORY$0$16,9472023

Related Form 5500 pages