Summit Career College 401(K) Profit Sharing Plan — Form 5500 plan (Summit Career College, 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, Summit Career College 401(K) Profit Sharing Plan is a benefit plan reported by Summit Career College, Inc. under EIN 33-0430969 and plan number 001. The latest loaded filing year is 2023. The filing reports 152 participants and $4,040,246 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Summit Career College, Inc.
EIN
33-0430969
Plan number
001
Plan type
2
Location
San Bernardino, CA
Latest filing year
2023
Participants
152
End-of-year plan assets
$4,040,246

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023152H, C20240712053942NAL0027721792001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$4,040,246
Total liabilities (EOY)
$0
Net assets (EOY)
$4,040,246
Net assets (BOY)
$3,376,543

Income & contributions

Employer contributions
$22,165
Participant contributions
$381,853
Total contributions
$430,608
Total income / additions
$892,476

Expenses & distributions

Benefits paid
$189,997
Administrative expenses
$36,333
Total expenses
$228,773
Net increase / (decrease)
$663,703

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Adp, Inc.RECORD KEEPER$23,403$02023
Accelerate Investment Advisors LLCINVESTMENT/FINANCIAL ADVI$6,684$02023
401k Advisors IncINVESTMENT/FINANCIAL ADVI$6,246$02023

Related Form 5500 pages