Unitek College Utah, LLC 401(K) Plan — Form 5500 plan (Unitek Learning Education Group Corp.)
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, Unitek College Utah, LLC 401(K) Plan is a benefit plan reported by Unitek Learning Education Group Corp. under EIN 84-3760384 and plan number 002. The latest loaded filing year is 2023. The filing reports 245 participants and $3,897,751 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$3.9MPlan net assets, end of year$3,897,751
Participants245Covered participants reported
Assets / participant$15.9KComputed: assets ÷ participants$15,909 (computed)
Provider compensation$19.5K2 Schedule C provider row(s)$19,544
- Plan sponsor
- Unitek Learning Education Group Corp.
- EIN
- 84-3760384
- Plan number
- 002
- Plan type
- 2
- Location
- Newport Beach, CA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 245 | H, C | 20241015203732NAL0049716576003 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$3.9M total assets
Net assets$3.9MLiabilities—
Full reported line items
Net assets
- Total assets (EOY)
- $3,897,751
- Net assets (EOY)
- $3,897,751
- Net assets (BOY)
- $3,303,627
Income & contributions
- Employer contributions
- $212,088
- Participant contributions
- $421,539
- Total contributions
- $664,560
- Total income / additions
- $1,204,975
Expenses & distributions
- Benefits paid
- $586,839
- Administrative expenses
- $22,248
- Total expenses
- $610,851
- Net increase / (decrease)
- $594,124
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
33%67%
Employer 33%Participant 67%
Total expenses ÷ net assets16%Computed ratio
Benefits paid ÷ total income49%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Onedigital Investment Advisors LLC | INVESTMENT ADVISOR | $12,500 | $0 | 2023 |
| Empower Annuity Ins Co Of America | RECORDKEEPER | $7,044 | $0 | 2023 |