Acero 401(K) Plan — Form 5500 plan (Acero 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, Acero 401(K) Plan is a benefit plan reported by Acero Schools under EIN 36-4235934 and plan number 001. The latest loaded filing year is 2023. The filing reports 938 participants and $21,031,549 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Acero Schools
- EIN
- 36-4235934
- Plan number
- 001
- Plan type
- 2
- Location
- Chicago, IL
- Latest filing year
- 2023
- Participants
- 938
- End-of-year plan assets
- $21,031,549
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 938 | H, C | 20250411142952NAL0023359729001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $21,031,549
- Total liabilities (EOY)
- $28,493
- Net assets (EOY)
- $21,003,056
- Net assets (BOY)
- $16,680,405
Income & contributions
- Employer contributions
- $524,746
- Participant contributions
- $1,847,683
- Total contributions
- $2,381,507
- Total income / additions
- $5,232,587
Expenses & distributions
- Benefits paid
- $786,987
- Administrative expenses
- $122,949
- Total expenses
- $909,936
- Net increase / (decrease)
- $4,322,651
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Cerity Partners | ADVISOR | $96,942 | $0 | 2023 |
| Correll Co. | RECORDKEEPING | $25,925 | $0 | 2023 |