401k Plan data: STUDY GROUP USA HIGHER EDUCATION, LLC 401K PLAN plan

STUDY GROUP USA HIGHER EDUCATION, LLC 401K PLAN 401k Plan overview

Plan Name	STUDY GROUP USA HIGHER EDUCATION, LLC 401K PLAN
Plan identification number	001

STUDY GROUP USA HIGHER EDUCATION, LLC 401K PLAN Benefits

401k Plan Type

Defined 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.
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.
Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
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.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

STUDY GROUP USA HIGHER EDUCATION, LLC has sponsored the creation of one or more 401k plans.

Company Name: STUDY GROUP USA HIGHER EDUCATION, LLC

Employer identification number (EIN): 201814606

NAIC Classification: 611000

Form 5500 Filing Information

Submission information for form 5500 for 401k plan STUDY GROUP USA HIGHER EDUCATION, LLC 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01
001 2021-01-01
001 2020-01-01
001 2019-01-01

Plan Statistics for STUDY GROUP USA HIGHER EDUCATION, LLC 401K PLAN

401k plan membership statisitcs for STUDY GROUP USA HIGHER EDUCATION, LLC 401K PLAN

Measure Date Value
2022: STUDY GROUP USA HIGHER EDUCATION, LLC 401K PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 121
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 51
Number of retired or separated participants receiving benefits 2022-01-01 13
Number of other retired or separated participants entitled to future benefits 2022-01-01 53
Total of all active and inactive participants 2022-01-01 117
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 117
Number of participants with account balances 2022-01-01 110
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 8
2021: STUDY GROUP USA HIGHER EDUCATION, LLC 401K PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 116
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 51
Number of retired or separated participants receiving benefits 2021-01-01 14
Number of other retired or separated participants entitled to future benefits 2021-01-01 56
Total of all active and inactive participants 2021-01-01 121
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 121
Number of participants with account balances 2021-01-01 118
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 7
2020: STUDY GROUP USA HIGHER EDUCATION, LLC 401K PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 543
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 51
Number of retired or separated participants receiving benefits 2020-01-01 2
Number of other retired or separated participants entitled to future benefits 2020-01-01 63
Total of all active and inactive participants 2020-01-01 116
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 116
Number of participants with account balances 2020-01-01 113
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 12
2019: STUDY GROUP USA HIGHER EDUCATION, LLC 401K PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 146
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 149
Number of retired or separated participants receiving benefits 2019-01-01 2
Number of other retired or separated participants entitled to future benefits 2019-01-01 204
Total of all active and inactive participants 2019-01-01 355
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 355
Number of participants with account balances 2019-01-01 355
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 8

Measure	Date	Value
2022: STUDY GROUP USA HIGHER EDUCATION, LLC 401K PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	121
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	51
Number of retired or separated participants receiving benefits	2022-01-01	13
Number of other retired or separated participants entitled to future benefits	2022-01-01	53
Total of all active and inactive participants	2022-01-01	117
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	117
Number of participants with account balances	2022-01-01	110
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	8
2021: STUDY GROUP USA HIGHER EDUCATION, LLC 401K PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	116
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	51
Number of retired or separated participants receiving benefits	2021-01-01	14
Number of other retired or separated participants entitled to future benefits	2021-01-01	56
Total of all active and inactive participants	2021-01-01	121
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	121
Number of participants with account balances	2021-01-01	118
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	7
2020: STUDY GROUP USA HIGHER EDUCATION, LLC 401K PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	543
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	51
Number of retired or separated participants receiving benefits	2020-01-01	2
Number of other retired or separated participants entitled to future benefits	2020-01-01	63
Total of all active and inactive participants	2020-01-01	116
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	116
Number of participants with account balances	2020-01-01	113
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	12
2019: STUDY GROUP USA HIGHER EDUCATION, LLC 401K PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	146
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	149
Number of retired or separated participants receiving benefits	2019-01-01	2
Number of other retired or separated participants entitled to future benefits	2019-01-01	204
Total of all active and inactive participants	2019-01-01	355
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	355
Number of participants with account balances	2019-01-01	355
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	8

Financial Data on STUDY GROUP USA HIGHER EDUCATION, LLC 401K PLAN

Measure	Date	Value
2022 : STUDY GROUP USA HIGHER EDUCATION, LLC 401K PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets	2022-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$10,048
Total income from all sources (including contributions)	2022-12-31	$-275,406
Total loss/gain on sale of assets	2022-12-31	$0
Total of all expenses incurred	2022-12-31	$231,389
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$214,335
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$384,925
Value of total assets at end of year	2022-12-31	$3,485,372
Value of total assets at beginning of year	2022-12-31	$4,002,215
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$17,054
Total interest from all sources	2022-12-31	$1,830
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$100,537
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2022-12-31	$100,537
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$500,000
If this is an individual account plan, was there a blackout period	2022-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Contributions received from participants	2022-12-31	$286,211
Participant contributions at end of year	2022-12-31	$2,944
Participant contributions at beginning of year	2022-12-31	$8,205
Income. Received or receivable in cash from other sources (including rollovers)	2022-12-31	$38,595
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2022-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2022-12-31	$3,726
Liabilities. Value of operating payables at end of year	2022-12-31	$0
Liabilities. Value of operating payables at beginning of year	2022-12-31	$6,322
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Value of net income/loss	2022-12-31	$-506,795
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$3,485,372
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$3,992,167
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-12-31	No
Were any leases to which the plan was party in default or uncollectible	2022-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$3,346,371
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$3,734,826
Interest on participant loans	2022-12-31	$228
Value of interest in common/collective trusts at end of year	2022-12-31	$0
Value of interest in common/collective trusts at beginning of year	2022-12-31	$126,521
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2022-12-31	$1,602
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2022-12-31	$136,057
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2022-12-31	$132,663
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-748,497
Net investment gain or loss from common/collective trusts	2022-12-31	$-14,201
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	No
Was there a failure to transmit to the plan any participant contributions	2022-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2022-12-31	No
Contributions received in cash from employer	2022-12-31	$60,119
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$214,335
Contract administrator fees	2022-12-31	$17,054
Did the plan have assets held for investment	2022-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-12-31	No
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	FRAZIER & DEETER, LLC
Accountancy firm EIN	2022-12-31	581433845
2021 : STUDY GROUP USA HIGHER EDUCATION, LLC 401K PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets	2021-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$10,048
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$3,101
Total income from all sources (including contributions)	2021-12-31	$949,518
Total loss/gain on sale of assets	2021-12-31	$0
Total of all expenses incurred	2021-12-31	$734,762
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$700,743
Value of total corrective distributions	2021-12-31	$625
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$309,444
Value of total assets at end of year	2021-12-31	$4,002,215
Value of total assets at beginning of year	2021-12-31	$3,780,512
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$33,394
Total interest from all sources	2021-12-31	$1,701
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$331,493
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2021-12-31	$331,493
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$500,000
If this is an individual account plan, was there a blackout period	2021-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$279,396
Participant contributions at end of year	2021-12-31	$8,205
Participant contributions at beginning of year	2021-12-31	$9,330
Participant contributions at end of year	2021-12-31	$0
Participant contributions at beginning of year	2021-12-31	$7,620
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2021-12-31	$3,726
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2021-12-31	$3,101
Liabilities. Value of operating payables at end of year	2021-12-31	$6,322
Liabilities. Value of operating payables at beginning of year	2021-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Value of net income/loss	2021-12-31	$214,756
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$3,992,167
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$3,777,411
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$3,734,826
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$3,422,638
Interest on participant loans	2021-12-31	$151
Value of interest in common/collective trusts at end of year	2021-12-31	$126,521
Value of interest in common/collective trusts at beginning of year	2021-12-31	$163,762
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2021-12-31	$1,550
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2021-12-31	$132,663
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2021-12-31	$115,363
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$277,899
Net investment gain or loss from common/collective trusts	2021-12-31	$28,981
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Contributions received in cash from employer	2021-12-31	$30,048
Employer contributions (assets) at end of year	2021-12-31	$0
Employer contributions (assets) at beginning of year	2021-12-31	$61,799
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$700,743
Contract administrator fees	2021-12-31	$33,394
Did the plan have assets held for investment	2021-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	SEAY & WEISSINGER, LLC
Accountancy firm EIN	2021-12-31	611663588
2020 : STUDY GROUP USA HIGHER EDUCATION, LLC 401K PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets	2020-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$3,101
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total income from all sources (including contributions)	2020-12-31	$946,746
Total loss/gain on sale of assets	2020-12-31	$0
Total of all expenses incurred	2020-12-31	$765,066
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$736,284
Value of total corrective distributions	2020-12-31	$3,101
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$377,070
Value of total assets at end of year	2020-12-31	$3,780,512
Value of total assets at beginning of year	2020-12-31	$3,595,731
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$25,681
Total interest from all sources	2020-12-31	$2,114
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$87,930
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2020-12-31	$87,930
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$500,000
If this is an individual account plan, was there a blackout period	2020-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Contributions received from participants	2020-12-31	$295,754
Participant contributions at end of year	2020-12-31	$9,330
Participant contributions at beginning of year	2020-12-31	$0
Participant contributions at end of year	2020-12-31	$7,620
Participant contributions at beginning of year	2020-12-31	$26,256
Income. Received or receivable in cash from other sources (including rollovers)	2020-12-31	$34,443
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2020-12-31	$3,101
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2020-12-31	$0
Other income not declared elsewhere	2020-12-31	$0
Administrative expenses (other) incurred	2020-12-31	$5,035
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Value of net income/loss	2020-12-31	$181,680
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$3,777,411
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$3,595,731
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$3,422,638
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$3,131,377
Interest on participant loans	2020-12-31	$164
Value of interest in common/collective trusts at end of year	2020-12-31	$163,762
Value of interest in common/collective trusts at beginning of year	2020-12-31	$131,498
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2020-12-31	$1,950
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2020-12-31	$115,363
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2020-12-31	$155,173
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$455,310
Net investment gain or loss from common/collective trusts	2020-12-31	$24,322
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Contributions received in cash from employer	2020-12-31	$46,873
Employer contributions (assets) at end of year	2020-12-31	$61,799
Employer contributions (assets) at beginning of year	2020-12-31	$151,427
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$736,284
Contract administrator fees	2020-12-31	$20,646
Did the plan have assets held for investment	2020-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Opinion of an independent qualified public accountant for this plan	2020-12-31	Disclaimer
Accountancy firm name	2020-12-31	SEAY & WEISSINGER, LLC
Accountancy firm EIN	2020-12-31	611663588
2019 : STUDY GROUP USA HIGHER EDUCATION, LLC 401K PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets	2019-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$8,157
Total income from all sources (including contributions)	2019-12-31	$1,093,420
Total loss/gain on sale of assets	2019-12-31	$0
Total of all expenses incurred	2019-12-31	$822,580
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$808,134
Expenses. Certain deemed distributions of participant loans	2019-12-31	$50
Value of total corrective distributions	2019-12-31	$7,408
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$409,578
Value of total assets at end of year	2019-12-31	$3,595,731
Value of total assets at beginning of year	2019-12-31	$3,333,048
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$6,988
Total interest from all sources	2019-12-31	$3,094
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$0
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$500,000
If this is an individual account plan, was there a blackout period	2019-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$298,930
Participant contributions at end of year	2019-12-31	$0
Participant contributions at beginning of year	2019-12-31	$3,629
Participant contributions at end of year	2019-12-31	$26,256
Participant contributions at beginning of year	2019-12-31	$26,256
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$33,065
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2019-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2019-12-31	$8,157
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Value of net income/loss	2019-12-31	$270,840
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$3,595,731
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$3,324,891
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Investment advisory and management fees	2019-12-31	$6,988
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$3,131,377
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$0
Value of interest in pooled separate accounts at end of year	2019-12-31	$0
Value of interest in pooled separate accounts at beginning of year	2019-12-31	$2,709,341
Interest on participant loans	2019-12-31	$164
Value of interest in common/collective trusts at end of year	2019-12-31	$131,498
Value of interest in common/collective trusts at beginning of year	2019-12-31	$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2019-12-31	$2,930
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2019-12-31	$155,173
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2019-12-31	$402,864
Net investment gain/loss from pooled separate accounts	2019-12-31	$680,748
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Contributions received in cash from employer	2019-12-31	$77,583
Employer contributions (assets) at end of year	2019-12-31	$151,427
Employer contributions (assets) at beginning of year	2019-12-31	$190,958
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$808,134
Did the plan have assets held for investment	2019-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	SEAY & WEISSINGER, LLC
Accountancy firm EIN	2019-12-31	611663588

Form 5500 Responses for STUDY GROUP USA HIGHER EDUCATION, LLC 401K PLAN

2022: STUDY GROUP USA HIGHER EDUCATION, LLC 401K PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Insurance	Yes
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement – Insurance	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: STUDY GROUP USA HIGHER EDUCATION, LLC 401K PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Insurance	Yes
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement – Insurance	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: STUDY GROUP USA HIGHER EDUCATION, LLC 401K PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Insurance	Yes
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement – Insurance	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: STUDY GROUP USA HIGHER EDUCATION, LLC 401K PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Insurance	Yes
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement – Insurance	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

FIRST GREAT WEST LIFE INSURANCE & ANNUITY CO (National Association of Insurance Commissioners NAIC id number: 60214 )

Policy contract number

380562-01

Policy instance

Insurance contract or identification number	380562-01
Number of Individuals Covered	110
Insurance policy start date	2022-01-01
Insurance policy end date	2022-12-31
Total amount of commissions paid to insurance broker	USD $93
Total amount of fees paid to insurance company	USD $0
Are there contracts with allocated funds for individual policies?	0
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $53
Insurance broker organization code?	3

FIRST GREAT WEST LIFE INSURANCE & ANNUITY CO (National Association of Insurance Commissioners NAIC id number: 60214 )

Policy contract number

380562-01

Policy instance

Insurance contract or identification number	380562-01
Number of Individuals Covered	118
Insurance policy start date	2021-01-01
Insurance policy end date	2021-12-31
Total amount of commissions paid to insurance broker	USD $328
Total amount of fees paid to insurance company	USD $0
Are there contracts with allocated funds for individual policies?	0
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $187
Insurance broker organization code?	3

FIRST GREAT WEST LIFE INSURANCE & ANNUITY CO (National Association of Insurance Commissioners NAIC id number: 60214 )

Policy contract number

380562-01

Policy instance

Insurance contract or identification number	380562-01
Number of Individuals Covered	113
Insurance policy start date	2020-01-01
Insurance policy end date	2020-12-31
Total amount of commissions paid to insurance broker	USD $265
Total amount of fees paid to insurance company	USD $0
Are there contracts with allocated funds for individual policies?	0
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $151
Insurance broker organization code?	3

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Company Name:	STUDY GROUP USA HIGHER EDUCATION, LLC
Employer identification number (EIN):	201814606
NAIC Classification:	611000