SCHOOLCO INTERMEDIATE, LLC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan SCHOOLCO INTERMEDIATE LLC 401(K) PLAN
Measure | Date | Value |
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2023 : SCHOOLCO INTERMEDIATE LLC 401(K) PLAN 2023 401k financial data |
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Total transfer of assets from this plan | 2023-01-31 | $3,195,300 |
Total income from all sources (including contributions) | 2023-01-31 | $-4,961 |
Total of all expenses incurred | 2023-01-31 | $0 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-31 | $0 |
Value of total assets at end of year | 2023-01-31 | $0 |
Value of total assets at beginning of year | 2023-01-31 | $3,200,261 |
Total interest from all sources | 2023-01-31 | $83 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-31 | Yes |
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2023-01-31 | $0 |
Was this plan covered by a fidelity bond | 2023-01-31 | Yes |
Value of fidelity bond cover | 2023-01-31 | $100,000 |
If this is an individual account plan, was there a blackout period | 2023-01-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2023-01-31 | No |
Participant contributions at end of year | 2023-01-31 | $0 |
Participant contributions at beginning of year | 2023-01-31 | $30,657 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-31 | No |
Value of net income/loss | 2023-01-31 | $-4,961 |
Value of net assets at end of year (total assets less liabilities) | 2023-01-31 | $0 |
Value of net assets at beginning of year (total assets less liabilities) | 2023-01-31 | $3,200,261 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-01-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2023-01-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2023-01-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-01-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-01-31 | $3,138,091 |
Interest on participant loans | 2023-01-31 | $54 |
Interest earned on other investments | 2023-01-31 | $29 |
Value of interest in common/collective trusts at end of year | 2023-01-31 | $0 |
Value of interest in common/collective trusts at beginning of year | 2023-01-31 | $31,372 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-01-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-01-31 | $141 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-01-31 | $-5,044 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-01-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2023-01-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2023-01-31 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-31 | $0 |
Did the plan have assets held for investment | 2023-01-31 | 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 | 2023-01-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-01-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2023-01-31 | Unqualified |
Accountancy firm name | 2023-01-31 | GORFINE, SCHILLER & GARDYN |
Accountancy firm EIN | 2023-01-31 | 521231901 |
2022 : SCHOOLCO INTERMEDIATE LLC 401(K) PLAN 2022 401k financial data |
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Total transfer of assets to this plan | 2022-12-31 | $2,891,616 |
Total income from all sources (including contributions) | 2022-12-31 | $400,349 |
Total of all expenses incurred | 2022-12-31 | $91,704 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $72,629 |
Expenses. Certain deemed distributions of participant loans | 2022-12-31 | $3,029 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $524,092 |
Value of total assets at end of year | 2022-12-31 | $3,200,261 |
Value of total assets at beginning of year | 2022-12-31 | $0 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $16,046 |
Total interest from all sources | 2022-12-31 | $1,239 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $160,813 |
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 | $160,813 |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $100,000 |
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 | $524,092 |
Participant contributions at end of year | 2022-12-31 | $30,657 |
Participant contributions at beginning of year | 2022-12-31 | $0 |
Participant contributions at end of year | 2022-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-31 | $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 | 2022-12-31 | No |
Value of net income/loss | 2022-12-31 | $308,645 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $3,200,261 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $0 |
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 |
Investment advisory and management fees | 2022-12-31 | $16,046 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $3,138,091 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $0 |
Interest on participant loans | 2022-12-31 | $1,222 |
Interest earned on other investments | 2022-12-31 | $17 |
Value of interest in common/collective trusts at end of year | 2022-12-31 | $31,372 |
Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $0 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $141 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $0 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2022-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-285,795 |
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 | $0 |
Employer contributions (assets) at end of year | 2022-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $72,629 |
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 | GORFINE, SCHILLER & GARDYN |
Accountancy firm EIN | 2022-12-31 | 521231901 |