Norfolk Academy Pre-Tax Savings And Retirement Plan — Form 5500 plan (Norfolk Academy)
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, Norfolk Academy Pre-Tax Savings And Retirement Plan is a benefit plan reported by Norfolk Academy under EIN 54-0551901 and plan number 002. The latest loaded filing year is 2023. The filing reports 456 participants and $58,728,684 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Norfolk Academy
- EIN
- 54-0551901
- Plan number
- 002
- Plan type
- 2
- Location
- Norfolk, VA
- Latest filing year
- 2023
- Participants
- 456
- End-of-year plan assets
- $58,728,684
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 456 | H, C | 20241121122809NAL0000613569001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $58,728,684
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $58,728,684
- Net assets (BOY)
- $51,807,209
Income & contributions
- Employer contributions
- $1,386,393
- Participant contributions
- $1,504,709
- Total contributions
- $3,385,962
- Total income / additions
- $10,691,835
Expenses & distributions
- Benefits paid
- $3,722,830
- Administrative expenses
- $47,530
- Total expenses
- $3,770,360
- Net increase / (decrease)
- $6,921,475
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Ins Co Of America | RECORDKEEPER | $49,441 | $0 | 2023 |
| Admin Partners, LLC | ADMINISTRATIVE SERVICES | $2,179 | not reported in the loaded dataset | 2023 |