Duolingo Retirement Trust — Form 5500 plan (Duolingo, 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, Duolingo Retirement Trust is a benefit plan reported by Duolingo, Inc. under EIN 45-3055872 and plan number 001. The latest loaded filing year is 2023. The filing reports 747 participants and $65,100,899 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Duolingo, Inc.
- EIN
- 45-3055872
- Plan number
- 001
- Plan type
- 2
- Location
- Pittsburgh, PA
- Latest filing year
- 2023
- Participants
- 747
- End-of-year plan assets
- $65,100,899
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 747 | H, C | 20240718074547NAL0009120112001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $65,100,899
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $65,100,899
- Net assets (BOY)
- $40,127,207
Income & contributions
- Employer contributions
- $5,927,125
- Participant contributions
- $11,108,757
- Total contributions
- $18,584,638
- Total income / additions
- $28,068,328
Expenses & distributions
- Benefits paid
- $3,014,466
- Administrative expenses
- $80,170
- Total expenses
- $3,094,636
- Net increase / (decrease)
- $24,973,692
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Great-West Life & Annuity Ins Co | RECORDKEEPER | $60,663 | $0 | 2023 |
| M2b Retirement Consulting LLC | CONTRACT ADMIN | $14,190 | not reported in the loaded dataset | 2023 |
| Assured Partners Capital Inc | INVESTMENT ADVISR | $7,090 | not reported in the loaded dataset | 2023 |
| Gwfs Equities Inc | RECORDKEEPER | $50 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Duolingo, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in PA
- 401(k) and benefit plan filings in Pittsburgh, PA
- Great-West Life & Annuity Ins Co — Schedule C compensation
- M2b Retirement Consulting LLC — Schedule C compensation
- Assured Partners Capital Inc — Schedule C compensation
- Gwfs Equities Inc — Schedule C compensation