Tecs 401(K) Profit Sharing Plan — Form 5500 plan (Thomas Edison Charter School)
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, Tecs 401(K) Profit Sharing Plan is a benefit plan reported by Thomas Edison Charter School under EIN 87-0673250 and plan number 001. The latest loaded filing year is 2023. The filing reports 146 participants and $8,096,925 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$8.1MPlan net assets, end of year$8,096,925
Participants146Covered participants reported
Assets / participant$55.5KComputed: assets ÷ participants$55,458 (computed)
Provider compensation$30.1K2 Schedule C provider row(s)$30,108
- Plan sponsor
- Thomas Edison Charter School
- EIN
- 87-0673250
- Plan number
- 001
- Plan type
- 2
- Location
- North Logan, UT
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 146 | H, C | 20250306123908NAL0016132176001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$8.1M total assets
Net assets$8.1MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $8,096,925
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,096,925
- Net assets (BOY)
- $6,623,214
Income & contributions
- Employer contributions
- $590,397
- Participant contributions
- $198,886
- Total contributions
- $789,283
- Total income / additions
- $1,900,176
Expenses & distributions
- Benefits paid
- $396,357
- Administrative expenses
- $30,108
- Total expenses
- $426,465
- Net increase / (decrease)
- $1,473,711
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
75%25%
Employer 75%Participant 25%
Total expenses ÷ net assets5%Computed ratio
Benefits paid ÷ total income21%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Newport Group, Inc. | RECORDKEEPER | $15,065 | $0 | 2023 |
| Allegis/Adams Wealth Advisors | ADVISOR | $15,043 | not reported in the loaded dataset | 2023 |