Success Academy Charter Schools Retirement Plan — Form 5500 plan (Success Academy Charter Schools)
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, Success Academy Charter Schools Retirement Plan is a benefit plan reported by Success Academy Charter Schools under EIN 20-5298861 and plan number 001. The latest loaded filing year is 2023. The filing reports 5,106 participants and $119,482,978 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$119.5MPlan net assets, end of year$119,482,978
Participants5.1KCovered participants reported5,106
Assets / participant$23.4KComputed: assets ÷ participants$23,401 (computed)
Provider compensation$130.5K1 Schedule C provider row(s)$130,460
- Plan sponsor
- Success Academy Charter Schools
- EIN
- 20-5298861
- Plan number
- 001
- Plan type
- 2
- Location
- New York, NY
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 5,106 | H, C | 20250411150811NAL0046715890001 |
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)$119.5M total assets
Net assets$119.5MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $119,482,978
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $119,482,978
- Net assets (BOY)
- $99,607,178
Income & contributions
- Employer contributions
- $5,382,373
- Participant contributions
- $9,496,441
- Total contributions
- $15,363,228
- Total income / additions
- $32,769,129
Expenses & distributions
- Benefits paid
- $12,762,869
- Administrative expenses
- $130,460
- Total expenses
- $12,893,329
- Net increase / (decrease)
- $19,875,800
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.
36%64%
Employer 36%Participant 64%
Total expenses ÷ net assets11%Computed ratio
Benefits paid ÷ total income39%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPING | $130,460 | not reported in the loaded dataset | 2023 |