Study Group Usa Higher Education, LLC 401k Plan — Form 5500 plan (Study Group Usa Higher Education, 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, Study Group Usa Higher Education, LLC 401k Plan is a benefit plan reported by Study Group Usa Higher Education, LLC under EIN 20-1814606 and plan number 001. The latest loaded filing year is 2023. The filing reports 113 participants and $4,010,828 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$4MPlan net assets, end of year$4,010,828
Participants113Covered participants reported
Assets / participant$35.5KComputed: assets ÷ participants$35,494 (computed)
Provider compensation$25.8K4 Schedule C provider row(s)$25,814
- Plan sponsor
- Study Group Usa Higher Education, LLC
- EIN
- 20-1814606
- Plan number
- 001
- Plan type
- 2
- Location
- Chicago, IL
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 113 | H, C | 20241009055321NAL0017924081001 |
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)$4M total assets
Net assets$4MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $4,010,828
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $4,010,828
- Net assets (BOY)
- $3,485,372
Income & contributions
- Employer contributions
- $54,813
- Participant contributions
- $244,282
- Total contributions
- $318,732
- Total income / additions
- $959,736
Expenses & distributions
- Benefits paid
- $410,321
- Administrative expenses
- $23,959
- Total expenses
- $434,280
- Net increase / (decrease)
- $525,456
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.
18%82%
Employer 18%Participant 82%
Total expenses ÷ net assets11%Computed ratio
Benefits paid ÷ total income43%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Life & Annuity Ins | RECORDKEEPER | $11,741 | $0 | 2023 |
| Merrill Lynch Pierce Fenner & Smith | INVESTMENT ADVISOR | $9,429 | not reported in the loaded dataset | 2023 |
| Ascensus Holdings Inc Dba | CONTRACT ADMIN | $838 | $1,854 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $1,952 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Study Group Usa Higher Education, LLC
- 2023 Form 5500 filing
- Form 5500 filings in IL
- 401(k) and benefit plan filings in Chicago, IL
- Empower Life & Annuity Ins — Schedule C compensation
- Merrill Lynch Pierce Fenner & Smith — Schedule C compensation
- Ascensus Holdings Inc Dba — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation