Choice Schools Profit Sharing Plan — Form 5500 plan (Choice Schools Associates, 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, Choice Schools Profit Sharing Plan is a benefit plan reported by Choice Schools Associates, LLC under EIN 52-2113308 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,310 participants and $20,134,432 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Choice Schools Associates, LLC
EIN
52-2113308
Plan number
001
Plan type
2
Location
Wyoming, MI
Latest filing year
2023
Participants
1,310
End-of-year plan assets
$20,134,432

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,310H, C20241015115236NAL0028266241001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$20,134,432
Total liabilities (EOY)
$66,658
Net assets (EOY)
$20,067,774
Net assets (BOY)
$16,775,464

Income & contributions

Employer contributions
$1,063,930
Participant contributions
$1,920,382
Total contributions
$3,046,434
Total income / additions
$5,242,827

Expenses & distributions

Benefits paid
$1,774,889
Administrative expenses
$142,610
Total expenses
$1,950,517
Net increase / (decrease)
$3,292,310

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Bluewater Asset ManagementFINANCIAL ADVISOR$71,164not reported in the loaded dataset2023
Penserv Plan Services, Inc.RECORDKEEPER$60,237not reported in the loaded dataset2023
Matrix Trust CompanyCUSTODIAL$11,205not reported in the loaded dataset2023

Related Form 5500 pages