The Academy Charter School 401(K) Plan — Form 5500 plan (The Academy Charter School)
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, The Academy Charter School 401(K) Plan is a benefit plan reported by The Academy Charter School under EIN 80-0353508 and plan number 001. The latest loaded filing year is 2023. The filing reports 586 participants and $10,567,632 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- The Academy Charter School
- EIN
- 80-0353508
- Plan number
- 001
- Plan type
- 2
- Location
- Hempstead, NY
- Latest filing year
- 2023
- Participants
- 586
- End-of-year plan assets
- $10,567,632
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 586 | H, C | 20241015105904NAL0016190323001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $10,567,632
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,567,632
- Net assets (BOY)
- $7,322,069
Income & contributions
- Employer contributions
- $844,076
- Participant contributions
- $1,591,176
- Total contributions
- $2,686,360
- Total income / additions
- $3,984,002
Expenses & distributions
- Benefits paid
- $674,643
- Administrative expenses
- $63,796
- Total expenses
- $738,439
- Net increase / (decrease)
- $3,245,563
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $63,796 | $0 | 2023 |