Geo Foundation 403(B) Plan — Form 5500 plan (Greater Educational Opportunities Foundation)

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, Geo Foundation 403(B) Plan is a benefit plan reported by Greater Educational Opportunities Foundation under EIN 95-4406881 and plan number 001. The latest loaded filing year is 2023. The filing reports 523 participants and $6,978,516 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$7MPlan net assets, end of year$6,978,516
Participants523Covered participants reported
Assets / participant$13.3KComputed: assets ÷ participants$13,343 (computed)
Provider compensation$82.7K3 Schedule C provider row(s)$82,718
Plan sponsor
Greater Educational Opportunities Foundation
EIN
95-4406881
Plan number
001
Plan type
3
Location
Indianapolis, IN
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023523H, C20241014151949NAL0015192579001
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)$7M total assets
Net assets$7MLiabilities$0
Money in vs. money out
Total income / additions$2M
Total expenses$387.8K
Benefits paid / distributions$326.9K
Contributions
Employer$434.9K
Participant$546.4K
Full reported line items

Net assets

Total assets (EOY)
$6,978,516
Total liabilities (EOY)
$0
Net assets (EOY)
$6,978,516
Net assets (BOY)
$5,400,843

Income & contributions

Employer contributions
$434,938
Participant contributions
$546,421
Total contributions
$981,359
Total income / additions
$1,965,489

Expenses & distributions

Benefits paid
$326,891
Administrative expenses
$60,925
Total expenses
$387,816
Net increase / (decrease)
$1,577,673
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.

Contribution share (employer vs. participant)
Employer 44%Participant 56%
Total expenses ÷ net assets6%Computed ratio
Benefits paid ÷ total income17%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Ins Co Of AmericaRECORDKEEPER$45,886$02023
Ameriprise Financial Services, IncBROKER$0$26,8902023
Blue Benefits Consulting, Inc.TPA$9,942not reported in the loaded dataset2023

Related Form 5500 pages