Powerschool Group LLC 401(K) Plan — Form 5500 plan (Powerschool Group LLC)

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, Powerschool Group LLC 401(K) Plan is a benefit plan reported by Powerschool Group LLC under EIN 47-4429364 and plan number 001. The latest loaded filing year is 2023. The filing reports 2,824 participants and $185,399,035 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Powerschool Group LLC
EIN
47-4429364
Plan number
001
Plan type
2
Location
Folsom, CA
Latest filing year
2023
Participants
2,824
End-of-year plan assets
$185,399,035

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,824H, C20241015134211NAL0028614593001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$185,399,035
Total liabilities (EOY)
$0
Net assets (EOY)
$185,399,035
Net assets (BOY)
$141,066,448

Income & contributions

Employer contributions
$7,652,021
Participant contributions
$17,983,649
Total contributions
$29,333,365
Total income / additions
$57,620,400

Expenses & distributions

Benefits paid
$13,105,768
Administrative expenses
$178,972
Total expenses
$13,287,813
Net increase / (decrease)
$44,332,587

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$179,172$02023

Related Form 5500 pages