Kelc 401(K) Savings Plan — Form 5500 plan (Kaplan Early Learning Company)

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, Kelc 401(K) Savings Plan is a benefit plan reported by Kaplan Early Learning Company under EIN 56-0935286 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,847 participants and $34,808,628 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Kaplan Early Learning Company
EIN
56-0935286
Plan number
002
Plan type
3
Location
Lewisville, NC
Latest filing year
2023
Participants
1,847
End-of-year plan assets
$34,808,628

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,847H, C20241111181356NAL0032679954001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$34,808,628
Total liabilities (EOY)
$0
Net assets (EOY)
$34,808,628
Net assets (BOY)
$33,236,805

Income & contributions

Employer contributions
$954,317
Participant contributions
$2,196,051
Total contributions
$3,415,780
Total income / additions
$6,697,533

Expenses & distributions

Benefits paid
$4,991,462
Administrative expenses
$128,157
Total expenses
$5,125,710
Net increase / (decrease)
$1,571,823

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance Company ORECORDKEEPER$90,052$02023
Oppenheimer & Co IncINVESTMENT ADVISOR$32,623not reported in the loaded dataset2023
Empower Advisory Group, LLCINVESTMENT MGMT$5,482not reported in the loaded dataset2023

Related Form 5500 pages