Plan5500

Penn Foster, Inc. 401(K) Plan — Form 5500 plan (Penn Foster, Inc.)

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, Penn Foster, Inc. 401(K) Plan is a benefit plan reported by Penn Foster, Inc. under EIN 33-0124636 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,194 participants and $48,814,732 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Penn Foster, Inc.
EIN
33-0124636
Plan number
001
Plan type
2
Location
Scranton, PA
Latest filing year
2023
Participants
1,194
End-of-year plan assets
$48,814,732

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,194H, C20241009165829NAL0010863747001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$48,814,732
Total liabilities (EOY)
$0
Net assets (EOY)
$48,814,732
Net assets (BOY)
$35,721,584

Income & contributions

Employer contributions
$938,818
Participant contributions
$2,740,235
Total contributions
$3,847,221
Total income / additions
$11,141,141

Expenses & distributions

Benefits paid
$4,775,917
Administrative expenses
$137,971
Total expenses
$4,974,727
Net increase / (decrease)
$6,166,414

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Usi AdvisorsADVISORS$82,465not reported in the loaded dataset2023
Usi Consulting GroupRECORDKEEPER$55,506not reported in the loaded dataset2023

Related Form 5500 pages