2023 Form 5500 filing — No Tears Learning, Inc. 401(K) Profit Sharing Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241004094727NAL0011272641001) for No Tears Learning, Inc. 401(K) Profit Sharing Plan, reported by No Tears Learning, Inc. under EIN 26-3799871 and plan number 001. It reports 243 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241004094727NAL0011272641001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- No Tears Learning, Inc.
- EIN
- 26-3799871
- Plan number
- 001
- Location
- Cabin John, MD
- Participants
- 243
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $21,283,405
- Total liabilities (EOY)
- $159,292
- Net assets (EOY)
- $21,124,113
- Employer contributions
- $428,363
- Participant contributions
- $1,467,232
- Total income / additions
- $5,555,069
- Benefits paid
- $512,104
- Administrative expenses
- $71,738
- Total expenses
- $583,842
- Net increase / (decrease)
- $4,971,227
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Alerus Financial, N.A. | NONE | $44,257 | $0 |
| Alerus Investment Advisors, Inc | NONE | $18,269 | not reported in the loaded dataset |