Learn It Systems, LLC 401(K) Plan — Form 5500 plan (Learn It Systems, 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, Learn It Systems, LLC 401(K) Plan is a benefit plan reported by Learn It Systems, LLC under EIN 83-0474386 and plan number 001. The latest loaded filing year is 2023. The filing reports 6,312 participants and $49,640,181 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Learn It Systems, LLC
EIN
83-0474386
Plan number
001
Plan type
2
Location
Baltimore, MD
Latest filing year
2023
Participants
6,312
End-of-year plan assets
$49,640,181

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20236,312H, C20241014170946NAL0013670195001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$49,640,181
Total liabilities (EOY)
$0
Net assets (EOY)
$49,640,181
Net assets (BOY)
$39,005,407

Income & contributions

Employer contributions
$23,833
Participant contributions
$6,295,364
Total contributions
$6,522,637
Total income / additions
$14,524,730

Expenses & distributions

Benefits paid
$3,684,400
Administrative expenses
$135,974
Total expenses
$3,889,956
Net increase / (decrease)
$10,634,774

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Ubs Financial Services IncADVISOR$60,000not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER$44,974$02023
Sc&H Attest Services, P.C.ACCOUNTANT/AUDITOR$31,000not reported in the loaded dataset2023

Related Form 5500 pages