401k Plan data: LEGACY EDUCATION ALLIANCE, INC. 401K PLAN plan

LEGACY EDUCATION ALLIANCE, INC. 401K PLAN 401k Plan overview

Plan Name	LEGACY EDUCATION ALLIANCE, INC. 401K PLAN
Plan identification number	001

LEGACY EDUCATION ALLIANCE, INC. 401K PLAN Benefits

401k Plan Type

Defined 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.
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.

401k Sponsoring company profile

LEGACY EDUCATION ALLIANCE, INC. has sponsored the creation of one or more 401k plans.

Company Name: LEGACY EDUCATION ALLIANCE, INC.

Employer identification number (EIN): 392079974

NAIC Classification: 611000

Additional information about LEGACY EDUCATION ALLIANCE, INC.

Jurisdiction of Incorporation: Nevada Department of State

Incorporation Date: 2010-11-23

Company Identification Number: 20101830812

Legal Registered Office Address: 3773 HOWARD HUGHES PKWY STE 500S

LAS VEGAS
United States of America (USA)
89169-6014

More information about LEGACY EDUCATION ALLIANCE, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan LEGACY EDUCATION ALLIANCE, INC. 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 2020-01-01
001 2020-01-01
001 2019-01-01
001 2019-01-01
001 2018-01-01 CINDY PROUT 2019-10-14 VANESSA GUZMAN-CLARK 2019-10-14
001 2017-01-01 CHRISTIAN BAEZA
001 2016-01-01 CHRISTIAN BAEZA

Plan Statistics for LEGACY EDUCATION ALLIANCE, INC. 401K PLAN

401k plan membership statisitcs for LEGACY EDUCATION ALLIANCE, INC. 401K PLAN

Measure Date Value
2020: LEGACY EDUCATION ALLIANCE, INC. 401K PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 182
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 33
Number of retired or separated participants receiving benefits 2020-01-01 7
Number of other retired or separated participants entitled to future benefits 2020-01-01 37
Total of all active and inactive participants 2020-01-01 77
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 77
Number of participants with account balances 2020-01-01 54
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: LEGACY EDUCATION ALLIANCE, INC. 401K PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 187
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 113
Number of retired or separated participants receiving benefits 2019-01-01 6
Number of other retired or separated participants entitled to future benefits 2019-01-01 65
Total of all active and inactive participants 2019-01-01 184
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 184
Number of participants with account balances 2019-01-01 156
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 4
2018: LEGACY EDUCATION ALLIANCE, INC. 401K PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 169
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 139
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 49
Total of all active and inactive participants 2018-01-01 188
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 188
Number of participants with account balances 2018-01-01 153
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 0
2017: LEGACY EDUCATION ALLIANCE, INC. 401K PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 188
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 141
Number of retired or separated participants receiving benefits 2017-01-01 0
Number of other retired or separated participants entitled to future benefits 2017-01-01 19
Total of all active and inactive participants 2017-01-01 160
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 160
Number of participants with account balances 2017-01-01 44
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 0
2016: LEGACY EDUCATION ALLIANCE, INC. 401K PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 200
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 146
Number of retired or separated participants receiving benefits 2016-01-01 0
Number of other retired or separated participants entitled to future benefits 2016-01-01 42
Total of all active and inactive participants 2016-01-01 188
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 188
Number of participants with account balances 2016-01-01 69
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 0

Measure	Date	Value
2020: LEGACY EDUCATION ALLIANCE, INC. 401K PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	182
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	33
Number of retired or separated participants receiving benefits	2020-01-01	7
Number of other retired or separated participants entitled to future benefits	2020-01-01	37
Total of all active and inactive participants	2020-01-01	77
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	77
Number of participants with account balances	2020-01-01	54
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: LEGACY EDUCATION ALLIANCE, INC. 401K PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	187
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	113
Number of retired or separated participants receiving benefits	2019-01-01	6
Number of other retired or separated participants entitled to future benefits	2019-01-01	65
Total of all active and inactive participants	2019-01-01	184
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	184
Number of participants with account balances	2019-01-01	156
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	4
2018: LEGACY EDUCATION ALLIANCE, INC. 401K PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	169
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	139
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	49
Total of all active and inactive participants	2018-01-01	188
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	188
Number of participants with account balances	2018-01-01	153
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0
2017: LEGACY EDUCATION ALLIANCE, INC. 401K PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	188
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	141
Number of retired or separated participants receiving benefits	2017-01-01	0
Number of other retired or separated participants entitled to future benefits	2017-01-01	19
Total of all active and inactive participants	2017-01-01	160
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	160
Number of participants with account balances	2017-01-01	44
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	0
2016: LEGACY EDUCATION ALLIANCE, INC. 401K PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	200
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	146
Number of retired or separated participants receiving benefits	2016-01-01	0
Number of other retired or separated participants entitled to future benefits	2016-01-01	42
Total of all active and inactive participants	2016-01-01	188
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	188
Number of participants with account balances	2016-01-01	69
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	0

Financial Data on LEGACY EDUCATION ALLIANCE, INC. 401K PLAN

Measure	Date	Value
2020 : LEGACY EDUCATION ALLIANCE, INC. 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	$0
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	$546,010
Total loss/gain on sale of assets	2020-12-31	$0
Total of all expenses incurred	2020-12-31	$1,295,951
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$1,282,739
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$127,925
Value of total assets at end of year	2020-12-31	$2,573,777
Value of total assets at beginning of year	2020-12-31	$3,323,718
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$13,212
Total interest from all sources	2020-12-31	$1,240
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$71,562
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	$71,562
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	$78,951
Participant contributions at end of year	2020-12-31	$13,681
Participant contributions at beginning of year	2020-12-31	$103,473
Participant contributions at end of year	2020-12-31	$0
Participant contributions at beginning of year	2020-12-31	$8,333
Income. Received or receivable in cash from other sources (including rollovers)	2020-12-31	$0
Total non interest bearing cash at end of year	2020-12-31	$3,940
Total non interest bearing cash at beginning of year	2020-12-31	$2,474
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
Income. Non cash contributions	2020-12-31	$0
Value of net income/loss	2020-12-31	$-749,941
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$2,573,777
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$3,323,718
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
Investment advisory and management fees	2020-12-31	$13,212
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$2,556,156
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$3,203,898
Interest on participant loans	2020-12-31	$1,240
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$345,283
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	No
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	$48,974
Employer contributions (assets) at end of year	2020-12-31	$0
Employer contributions (assets) at beginning of year	2020-12-31	$5,540
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$1,282,739
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	HACKER, JOHNSON & SMITH, P.A.
Accountancy firm EIN	2020-12-31	592153385
2019 : LEGACY EDUCATION ALLIANCE, INC. 401K PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets	2019-12-31	$0
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 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	$448
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$448
Total income from all sources (including contributions)	2019-12-31	$1,153,809
Total income from all sources (including contributions)	2019-12-31	$1,153,809
Total loss/gain on sale of assets	2019-12-31	$0
Total loss/gain on sale of assets	2019-12-31	$0
Total of all expenses incurred	2019-12-31	$158,861
Total of all expenses incurred	2019-12-31	$158,861
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$142,988
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$142,988
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$555,030
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$555,030
Value of total assets at end of year	2019-12-31	$3,323,718
Value of total assets at end of year	2019-12-31	$3,323,718
Value of total assets at beginning of year	2019-12-31	$2,329,218
Value of total assets at beginning of year	2019-12-31	$2,329,218
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$15,873
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$15,873
Total interest from all sources	2019-12-31	$3,020
Total interest from all sources	2019-12-31	$3,020
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$103,081
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$103,081
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$103,081
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$103,081
Was this plan covered by a fidelity bond	2019-12-31	Yes
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$500,000
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
If this is an individual account plan, was there a blackout period	2019-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	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	$339,926
Contributions received from participants	2019-12-31	$339,926
Participant contributions at end of year	2019-12-31	$103,473
Participant contributions at end of year	2019-12-31	$103,473
Participant contributions at beginning of year	2019-12-31	$84,415
Participant contributions at beginning of year	2019-12-31	$84,415
Participant contributions at end of year	2019-12-31	$8,333
Participant contributions at end of year	2019-12-31	$8,333
Total non interest bearing cash at end of year	2019-12-31	$2,474
Total non interest bearing cash at end of year	2019-12-31	$2,474
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
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	$994,948
Value of net income/loss	2019-12-31	$994,948
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$3,323,718
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$3,323,718
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$2,328,770
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$2,328,770
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
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 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
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	$15,873
Investment advisory and management fees	2019-12-31	$15,873
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$3,203,898
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$3,203,898
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$2,244,764
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$2,244,764
Interest on participant loans	2019-12-31	$3,020
Interest on participant loans	2019-12-31	$3,020
Assets. Value of investments in 103.12 investment entities at end of year	2019-12-31	$3,203,898
Assets. Value of investments in 103.12 investment entities at beginning of year	2019-12-31	$2,244,764
Asset value of US Government securities at beginning of year	2019-12-31	$39
Asset value of US Government securities at beginning of year	2019-12-31	$39
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$492,678
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$492,678
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
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	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
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	$215,104
Contributions received in cash from employer	2019-12-31	$215,104
Employer contributions (assets) at end of year	2019-12-31	$5,540
Employer contributions (assets) at end of year	2019-12-31	$5,540
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$142,988
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$142,988
Liabilities. Value of benefit claims payable at beginning of year	2019-12-31	$448
Liabilities. Value of benefit claims payable at beginning of year	2019-12-31	$448
Did the plan have assets held for investment	2019-12-31	Yes
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
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
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
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
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	HACKER, JOHNSON & SMITH, P.A.
Accountancy firm name	2019-12-31	HACKER, JOHNSON & SMITH, P.A.
Accountancy firm EIN	2019-12-31	592153385
Accountancy firm EIN	2019-12-31	592153385
2018 : LEGACY EDUCATION ALLIANCE, INC. 401K PLAN 2018 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$448
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$514
Total income from all sources (including contributions)	2018-12-31	$429,650
Total of all expenses incurred	2018-12-31	$195,589
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$177,470
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$586,913
Value of total assets at end of year	2018-12-31	$2,329,218
Value of total assets at beginning of year	2018-12-31	$2,095,223
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$18,119
Total interest from all sources	2018-12-31	$4,274
Total dividends received (eg from common stock, registered investment company shares)	2018-12-31	$91,110
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2018-12-31	$91,110
Administrative expenses professional fees incurred	2018-12-31	$13,073
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$500,000
If this is an individual account plan, was there a blackout period	2018-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2018-12-31	No
Contributions received from participants	2018-12-31	$368,693
Participant contributions at end of year	2018-12-31	$84,415
Participant contributions at beginning of year	2018-12-31	$80,454
Participant contributions at end of year	2018-12-31	$39
Participant contributions at beginning of year	2018-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at end of year	2018-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2018-12-31	$0
Liabilities. Value of operating payables at end of year	2018-12-31	$448
Liabilities. Value of operating payables at beginning of year	2018-12-31	$514
Total non interest bearing cash at end of year	2018-12-31	$0
Total non interest bearing cash at beginning of year	2018-12-31	$15,713
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Value of net income/loss	2018-12-31	$234,061
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$2,328,770
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$2,094,709
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-12-31	No
Were any leases to which the plan was party in default or uncollectible	2018-12-31	No
Investment advisory and management fees	2018-12-31	$5,046
Value of interest in registered invesment companies (eg mutual funds) at end of year	2018-12-31	$2,244,764
Value of interest in pooled separate accounts at end of year	2018-12-31	$0
Value of interest in pooled separate accounts at beginning of year	2018-12-31	$1,999,056
Interest on participant loans	2018-12-31	$4,274
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-12-31	$-267,509
Net investment gain/loss from pooled separate accounts	2018-12-31	$14,862
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-12-31	No
Was there a failure to transmit to the plan any participant contributions	2018-12-31	No
Has the plan failed to provide any benefit when due under the plan	2018-12-31	No
Contributions received in cash from employer	2018-12-31	$218,220
Employer contributions (assets) at end of year	2018-12-31	$0
Employer contributions (assets) at beginning of year	2018-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$177,470
Did the plan have assets held for investment	2018-12-31	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	2018-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2018-12-31	Disclaimer
Accountancy firm name	2018-12-31	HACKER JOHNSON & SMITH PA
Accountancy firm EIN	2018-12-31	592153385
2017 : LEGACY EDUCATION ALLIANCE, INC. 401K PLAN 2017 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$514
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$0
Total income from all sources (including contributions)	2017-12-31	$449,561
Total of all expenses incurred	2017-12-31	$291,250
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$260,911
Value of total corrective distributions	2017-12-31	$15,524
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$146,465
Value of total assets at end of year	2017-12-31	$2,095,223
Value of total assets at beginning of year	2017-12-31	$1,936,398
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-12-31	$14,815
Total interest from all sources	2017-12-31	$4,164
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2017-12-31	No
Was this plan covered by a fidelity bond	2017-12-31	Yes
Value of fidelity bond cover	2017-12-31	$500,000
If this is an individual account plan, was there a blackout period	2017-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2017-12-31	No
Contributions received from participants	2017-12-31	$146,465
Participant contributions at end of year	2017-12-31	$80,454
Participant contributions at beginning of year	2017-12-31	$114,954
Participant contributions at end of year	2017-12-31	$0
Participant contributions at beginning of year	2017-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at end of year	2017-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2017-12-31	$0
Liabilities. Value of operating payables at end of year	2017-12-31	$514
Liabilities. Value of operating payables at beginning of year	2017-12-31	$0
Total non interest bearing cash at end of year	2017-12-31	$15,713
Total non interest bearing cash at beginning of year	2017-12-31	$11,554
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Value of net income/loss	2017-12-31	$158,311
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$2,094,709
Value of net assets at beginning of year (total assets less liabilities)	2017-12-31	$1,936,398
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2017-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2017-12-31	No
Were any leases to which the plan was party in default or uncollectible	2017-12-31	No
Investment advisory and management fees	2017-12-31	$14,815
Value of interest in pooled separate accounts at end of year	2017-12-31	$1,999,056
Value of interest in pooled separate accounts at beginning of year	2017-12-31	$1,809,890
Interest on participant loans	2017-12-31	$4,164
Net investment gain/loss from pooled separate accounts	2017-12-31	$298,932
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2017-12-31	No
Was there a failure to transmit to the plan any participant contributions	2017-12-31	No
Has the plan failed to provide any benefit when due under the plan	2017-12-31	No
Employer contributions (assets) at end of year	2017-12-31	$0
Employer contributions (assets) at beginning of year	2017-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-12-31	$260,911
Did the plan have assets held for investment	2017-12-31	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	2017-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2017-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2017-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2017-12-31	Disclaimer
Accountancy firm name	2017-12-31	HACKER JOHNSON & SMITH P.A.
Accountancy firm EIN	2017-12-31	592153385
2016 : LEGACY EDUCATION ALLIANCE, INC. 401K PLAN 2016 401k financial data
Total income from all sources (including contributions)	2016-12-31	$477,978
Total of all expenses incurred	2016-12-31	$305,608
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2016-12-31	$266,475
Expenses. Certain deemed distributions of participant loans	2016-12-31	$0
Value of total corrective distributions	2016-12-31	$29,900
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2016-12-31	$379,014
Value of total assets at end of year	2016-12-31	$1,936,398
Value of total assets at beginning of year	2016-12-31	$1,764,028
Total of administrative expenses incurred including professional, contract, advisory and management fees	2016-12-31	$9,233
Total interest from all sources	2016-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2016-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2016-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2016-12-31	$0
Was this plan covered by a fidelity bond	2016-12-31	Yes
Value of fidelity bond cover	2016-12-31	$500,000
If this is an individual account plan, was there a blackout period	2016-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2016-12-31	No
Contributions received from participants	2016-12-31	$116,278
Participant contributions at end of year	2016-12-31	$114,954
Participant contributions at beginning of year	2016-12-31	$83,395
Participant contributions at end of year	2016-12-31	$0
Participant contributions at beginning of year	2016-12-31	$719
Income. Received or receivable in cash from other sources (including rollovers)	2016-12-31	$262,736
Value of other receiveables (less allowance for doubtful accounts) at end of year	2016-12-31	$0
Administrative expenses (other) incurred	2016-12-31	$4,496
Total non interest bearing cash at end of year	2016-12-31	$11,554
Total non interest bearing cash at beginning of year	2016-12-31	$7,049
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Value of net income/loss	2016-12-31	$172,370
Value of net assets at end of year (total assets less liabilities)	2016-12-31	$1,936,398
Value of net assets at beginning of year (total assets less liabilities)	2016-12-31	$1,764,028
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2016-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2016-12-31	No
Were any leases to which the plan was party in default or uncollectible	2016-12-31	No
Investment advisory and management fees	2016-12-31	$4,475
Value of interest in pooled separate accounts at end of year	2016-12-31	$1,809,890
Value of interest in pooled separate accounts at beginning of year	2016-12-31	$1,672,865
Interest on participant loans	2016-12-31	$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2016-12-31	$0
Expenses. Payments to insurance carriers foe the provision of benefits	2016-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2016-12-31	$98,964
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2016-12-31	No
Was there a failure to transmit to the plan any participant contributions	2016-12-31	No
Has the plan failed to provide any benefit when due under the plan	2016-12-31	No
Contributions received in cash from employer	2016-12-31	$0
Employer contributions (assets) at end of year	2016-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2016-12-31	$266,475
Contract administrator fees	2016-12-31	$262
Did the plan have assets held for investment	2016-12-31	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	2016-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2016-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2016-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2016-12-31	Disclaimer
Accountancy firm name	2016-12-31	HACKER JOHNSON & SMITH P.A.
Accountancy firm EIN	2016-12-31	592153385

Form 5500 Responses for LEGACY EDUCATION ALLIANCE, INC. 401K PLAN

2020: LEGACY EDUCATION ALLIANCE, INC. 401K PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	Yes
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 – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: LEGACY EDUCATION ALLIANCE, INC. 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 – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: LEGACY EDUCATION ALLIANCE, INC. 401K PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Plan funding arrangement – Insurance	Yes
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement – Insurance	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: LEGACY EDUCATION ALLIANCE, INC. 401K PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Plan funding arrangement – Insurance	Yes
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement – Insurance	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: LEGACY EDUCATION ALLIANCE, INC. 401K PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Plan funding arrangement – Insurance	Yes
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement – Insurance	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

57949

Policy instance

Insurance contract or identification number	57949
Number of Individuals Covered	0
Insurance policy start date	2018-01-01
Insurance policy end date	2018-01-16
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

57949

Policy instance

Insurance contract or identification number	57949
Number of Individuals Covered	44
Insurance policy start date	2017-01-01
Insurance policy end date	2017-12-31
Total amount of fees paid to insurance company	USD $8,397
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Amount paid for insurance broker fees	7364
Additional information about fees paid to insurance broker	TPA FEE PAID
Insurance broker organization code?	5
Insurance broker name	MATTHEWS BENEFIT GROUP, INC.

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Company Name:	LEGACY EDUCATION ALLIANCE, INC.
Employer identification number (EIN):	392079974
NAIC Classification:	611000

Jurisdiction of Incorporation:	Nevada Department of State
Incorporation Date:	2010-11-23
Company Identification Number:	20101830812
Legal Registered Office Address:	3773 HOWARD HUGHES PKWY STE 500S LAS VEGAS United States of America (USA) 89169-6014

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	2020-01-01
001	2020-01-01
001	2019-01-01
001	2019-01-01
001	2018-01-01	CINDY PROUT	2019-10-14	VANESSA GUZMAN-CLARK	2019-10-14
001	2017-01-01	CHRISTIAN BAEZA
001	2016-01-01	CHRISTIAN BAEZA