2023 Form 5500 filing — Effective School Solutions, LLC 401(K) 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 20241010143034NAL0020338209001) for Effective School Solutions, LLC 401(K) Plan, reported by Effective School Solutions, LLC under EIN 45-2692108 and plan number 001. It reports 602 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010143034NAL0020338209001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Effective School Solutions, LLC
- EIN
- 45-2692108
- Plan number
- 001
- Location
- New Providence, NJ
- Participants
- 602
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $7,415,597
- Net assets (EOY)
- $7,415,597
- Employer contributions
- $220,267
- Participant contributions
- $1,571,214
- Total income / additions
- $3,449,856
- Benefits paid
- $908,105
- Administrative expenses
- $54,816
- Total expenses
- $962,921
- Net increase / (decrease)
- $2,486,935
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $54,897 | $0 |
| Sagepoint Financial Inc | INVESTMENT ADVISORY | $0 | $16,947 |