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INSTITUTE FOR EDUCATIONAL ACHIEVEMENT 401(K) PLAN 401k Plan overview

Plan NameINSTITUTE FOR EDUCATIONAL ACHIEVEMENT 401(K) PLAN
Plan identification number 001

INSTITUTE FOR EDUCATIONAL ACHIEVEMENT 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

INSTITUTE FOR EDUCATIONAL ACHIEVEMENT,INC has sponsored the creation of one or more 401k plans.

Company Name:INSTITUTE FOR EDUCATIONAL ACHIEVEMENT,INC
Employer identification number (EIN):223391706
NAIC Classification:611000

Form 5500 Filing Information

Submission information for form 5500 for 401k plan INSTITUTE FOR EDUCATIONAL ACHIEVEMENT 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01MARLENE HAFTEK2024-09-25
0012022-01-01MARLENE HAFTEK2023-10-11
0012021-01-01MARLENE HAFTEK2022-10-13
0012020-01-01MARLENE HAFTEK2021-09-23
0012019-01-01MARLENE HAFTEK2020-10-13
0012018-01-01SHARON SMITH2019-09-26
0012017-01-01SHARON SMITH2018-10-08
0012016-01-01SHARON SMITH2017-10-09
0012015-01-01SHARON SMITH2016-07-08
0012014-01-01SHARON SMITH2015-06-29
0012013-01-01SHARON SMITH2014-06-24
0012012-01-01SHARON SMITH2013-06-07
0012011-01-01SHARON SMITH2012-06-27
0012010-01-01SHARON SMITH2011-06-28

Financial Data on INSTITUTE FOR EDUCATIONAL ACHIEVEMENT 401(K) PLAN

Measure Date Value
2025 : INSTITUTE FOR EDUCATIONAL ACHIEVEMENT 401(K) PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-10-09201491
Net assets as of the end of the plan year2025-10-094994124
Total assets as of the beginning of the plan year2025-10-094286774
Value of plan covered by a fidelity bond2025-10-09430000
Participant contributions to plan in this plan year2025-10-09148335
Value of participant loans at end of plan year2025-10-0953510
Other income to plan in this plan year2025-10-09638302
Plan net income in this plan year2025-10-09707350
Net assets as of the end of the plan year2025-10-094994124
Net assets as of the beginning of the plan year2025-10-094286774
Employer contributions to plan in this plan year2025-10-09122204
Fees paid to broker by Benefit Provider2025-10-092333
Expensese paid to adminstrative service provicers from plan in this plan year2025-10-0934438
2024 : INSTITUTE FOR EDUCATIONAL ACHIEVEMENT 401(K) PLAN 2024 401k financial data
Total liabilities as of the beginning of the plan year2024-09-250
Total expenses incurred by plan in this plan year2024-09-2596622
Net assets as of the end of the plan year2024-09-254286774
Total assets as of the beginning of the plan year2024-09-253502784
Value of plan covered by a fidelity bond2024-09-25400000
Participant contributions to plan in this plan year2024-09-25146428
Value of participant loans at end of plan year2024-09-2534174
Other contributions to plan in this plan year2024-09-25238
Other income to plan in this plan year2024-09-25613508
Plan net income in this plan year2024-09-25783990
Net assets as of the end of the plan year2024-09-254286774
Net assets as of the beginning of the plan year2024-09-253502784
Employer contributions to plan in this plan year2024-09-25120438
Fees paid to broker by Benefit Provider2024-09-251899
Expensese paid to adminstrative service provicers from plan in this plan year2024-09-2527416

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