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THE FOUNDATION FOR ECONOMIC EDUCATION 401(K) 401k Plan overview

Plan NameTHE FOUNDATION FOR ECONOMIC EDUCATION 401(K)
Plan identification number 003

THE FOUNDATION FOR ECONOMIC EDUCATION 401(K) Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • 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

FOUNDATION FOR ECONOMIC EDUCATION has sponsored the creation of one or more 401k plans.

Company Name:FOUNDATION FOR ECONOMIC EDUCATION
Employer identification number (EIN):136006960
NAIC Classification:541990
NAIC Description:All Other Professional, Scientific, and Technical Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE FOUNDATION FOR ECONOMIC EDUCATION 401(K)

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032023-01-01ELISA BISHOP2024-09-12 ELISA BISHOP2024-09-12
0032022-01-01REID BENSON2023-07-07
0032021-01-01REID ERIK BENSON2022-08-02
0032020-01-01RICHARD LORENC2021-06-22 RICHARD LORENC2021-06-22
0032018-01-01CHRISTINE HALL2019-06-24
0032017-01-01RICHARD NEIL LORENC2018-09-22 RICHARD NEIL LORENC2018-09-22

Plan Statistics for THE FOUNDATION FOR ECONOMIC EDUCATION 401(K)

401k plan membership statisitcs for THE FOUNDATION FOR ECONOMIC EDUCATION 401(K)

Measure Date Value
2025: THE FOUNDATION FOR ECONOMIC EDUCATION 401(K) 2025 401k membership
Total number of particpants at beginning of year2025-06-2738
Total number of particpants at end of year2025-06-2740
Number of Participants With Account Balances2025-06-2738
2024: THE FOUNDATION FOR ECONOMIC EDUCATION 401(K) 2024 401k membership
Total number of particpants at beginning of year2024-09-1229
Total number of particpants at end of year2024-09-1238
Number of Participants With Account Balances2024-09-1234
2022: THE FOUNDATION FOR ECONOMIC EDUCATION 401(K) 2022 401k membership
Total number of particpants at beginning of year2022-08-0222
Total number of particpants at end of year2022-08-0225
Number of Participants With Account Balances2022-08-0221

Financial Data on THE FOUNDATION FOR ECONOMIC EDUCATION 401(K)

Measure Date Value
2025 : THE FOUNDATION FOR ECONOMIC EDUCATION 401(K) 2025 401k financial data
Total liabilities as of the beginning of the plan year2025-06-270
Total expenses incurred by plan in this plan year2025-06-2756036
Net assets as of the end of the plan year2025-06-271021834
Total assets as of the beginning of the plan year2025-06-27740576
Value of plan covered by a fidelity bond2025-06-2750000
Participant contributions to plan in this plan year2025-06-27169923
Other income to plan in this plan year2025-06-27113735
Plan net income in this plan year2025-06-27281258
Net assets as of the end of the plan year2025-06-271021834
Net assets as of the beginning of the plan year2025-06-27740576
Employer contributions to plan in this plan year2025-06-2753636
Expensese paid to adminstrative service provicers from plan in this plan year2025-06-275630
2024 : THE FOUNDATION FOR ECONOMIC EDUCATION 401(K) 2024 401k financial data
Total liabilities as of the beginning of the plan year2024-09-120
Total expenses incurred by plan in this plan year2024-09-1290524
Net assets as of the end of the plan year2024-09-12740576
Total assets as of the beginning of the plan year2024-09-12516055
Value of plan covered by a fidelity bond2024-09-1250000
Participant contributions to plan in this plan year2024-09-12151800
Other income to plan in this plan year2024-09-12107311
Plan net income in this plan year2024-09-12224521
Net assets as of the end of the plan year2024-09-12740576
Net assets as of the beginning of the plan year2024-09-12516055
Employer contributions to plan in this plan year2024-09-1255934
Expensese paid to adminstrative service provicers from plan in this plan year2024-09-123263
2022 : THE FOUNDATION FOR ECONOMIC EDUCATION 401(K) 2022 401k financial data
Total liabilities as of the beginning of the plan year2022-08-020
Total expenses incurred by plan in this plan year2022-08-02135610
Net assets as of the end of the plan year2022-08-02551008
Total assets as of the beginning of the plan year2022-08-02467309
Value of plan covered by a fidelity bond2022-08-0250000
Participant contributions to plan in this plan year2022-08-0276984
Other contributions to plan in this plan year2022-08-0218137
Other income to plan in this plan year2022-08-0285738
Plan net income in this plan year2022-08-0283699
Net assets as of the end of the plan year2022-08-02551008
Net assets as of the beginning of the plan year2022-08-02467309
Employer contributions to plan in this plan year2022-08-0238450
Expensese paid to adminstrative service provicers from plan in this plan year2022-08-02540

Potentially related plans

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