The Foundation Schools Defined Contribution Retirement Plan — Form 5500 plan (The Foundation 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, The Foundation Schools Defined Contribution Retirement Plan is a benefit plan reported by The Foundation Schools under EIN 23-7425256 and plan number 001. The latest loaded filing year is 2023. The filing reports 355 participants and $24,974,057 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- The Foundation Schools
- EIN
- 23-7425256
- Plan number
- 001
- Plan type
- 2
- Location
- Largo, MD
- Latest filing year
- 2023
- Participants
- 355
- End-of-year plan assets
- $24,974,057
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 355 | H | 20240916170853NAL0001782129001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $24,974,057
- Net assets (EOY)
- $24,974,057
- Net assets (BOY)
- $21,847,518
Income & contributions
- Employer contributions
- $639,285
- Participant contributions
- $591,850
- Total contributions
- $1,353,137
- Total income / additions
- $4,399,308
Expenses & distributions
- Benefits paid
- $1,242,980
- Administrative expenses
- $4,950
- Total expenses
- $1,272,769
- Net increase / (decrease)
- $3,126,539
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.