BRIGHTSIDE ACADEMY, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan BRIGHTSIDE ACADEMY 401(K) PLAN
Measure | Date | Value |
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2022 : BRIGHTSIDE ACADEMY 401(K) PLAN 2022 401k financial data |
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Total income from all sources (including contributions) | 2022-12-31 | $56,642 |
Total of all expenses incurred | 2022-12-31 | $65,332 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $61,838 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $86,615 |
Value of total assets at end of year | 2022-12-31 | $196,041 |
Value of total assets at beginning of year | 2022-12-31 | $204,731 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $3,494 |
Total interest from all sources | 2022-12-31 | $118 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $16,453 |
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 | $16,453 |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $20,473 |
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 | $68,865 |
Participant contributions at end of year | 2022-12-31 | $4,926 |
Participant contributions at beginning of year | 2022-12-31 | $972 |
Participant contributions at end of year | 2022-12-31 | $0 |
Participant contributions at beginning of year | 2022-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning 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 | $-8,690 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $196,041 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $204,731 |
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 | $160,854 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $173,591 |
Interest on participant loans | 2022-12-31 | $118 |
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 | $12,511 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $12,846 |
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 | $-46,544 |
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 | No |
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 | $17,750 |
Employer contributions (assets) at end of year | 2022-12-31 | $17,750 |
Employer contributions (assets) at beginning of year | 2022-12-31 | $17,322 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $61,838 |
Contract administrator fees | 2022-12-31 | $3,494 |
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 | COHEN & COMPANY |
Accountancy firm EIN | 2022-12-31 | 341912961 |
2021 : BRIGHTSIDE ACADEMY 401(K) PLAN 2021 401k financial data |
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Total income from all sources (including contributions) | 2021-12-31 | $84,171 |
Total of all expenses incurred | 2021-12-31 | $23,189 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $21,325 |
Expenses. Certain deemed distributions of participant loans | 2021-12-31 | $0 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $63,539 |
Value of total assets at end of year | 2021-12-31 | $204,731 |
Value of total assets at beginning of year | 2021-12-31 | $143,749 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $1,864 |
Total interest from all sources | 2021-12-31 | $29 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $7,568 |
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 | $7,568 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $15,000 |
If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Contributions received from participants | 2021-12-31 | $48,474 |
Participant contributions at end of year | 2021-12-31 | $972 |
Participant contributions at beginning of year | 2021-12-31 | $1,469 |
Participant contributions at end of year | 2021-12-31 | $0 |
Participant contributions at beginning of year | 2021-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2021-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) 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 | $60,982 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $204,731 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $143,749 |
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 | $173,591 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $114,036 |
Interest on participant loans | 2021-12-31 | $29 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $12,846 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $8,493 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2021-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $13,035 |
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 | No |
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 | $15,065 |
Employer contributions (assets) at end of year | 2021-12-31 | $17,322 |
Employer contributions (assets) at beginning of year | 2021-12-31 | $19,751 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $21,325 |
Contract administrator fees | 2021-12-31 | $1,864 |
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 | COHEN & COMPANY, LTD |
Accountancy firm EIN | 2021-12-31 | 341912961 |
2020 : BRIGHTSIDE ACADEMY 401(K) PLAN 2020 401k financial data |
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Total income from all sources (including contributions) | 2020-12-31 | $91,197 |
Total of all expenses incurred | 2020-12-31 | $17,925 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $16,879 |
Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $0 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $73,962 |
Value of total assets at end of year | 2020-12-31 | $143,749 |
Value of total assets at beginning of year | 2020-12-31 | $70,477 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $1,046 |
Total interest from all sources | 2020-12-31 | $17 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $4,026 |
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 | $4,026 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $15,000 |
If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Contributions received from participants | 2020-12-31 | $54,211 |
Participant contributions at end of year | 2020-12-31 | $1,469 |
Participant contributions at end of year | 2020-12-31 | $0 |
Participant contributions at beginning of year | 2020-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-12-31 | $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 | 2020-12-31 | No |
Value of net income/loss | 2020-12-31 | $73,272 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $143,749 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $70,477 |
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 | $114,036 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $47,805 |
Interest on participant loans | 2020-12-31 | $17 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-12-31 | $8,493 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-12-31 | $3,292 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2020-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $13,192 |
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 | $19,751 |
Employer contributions (assets) at end of year | 2020-12-31 | $19,751 |
Employer contributions (assets) at beginning of year | 2020-12-31 | $19,380 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $16,879 |
Contract administrator fees | 2020-12-31 | $1,046 |
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 | Unqualified |
Accountancy firm name | 2020-12-31 | COHEN & COMPANY, LTD |
Accountancy firm EIN | 2020-12-31 | 341912961 |
2019 : BRIGHTSIDE ACADEMY 401(K) PLAN 2019 401k financial data |
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Total income from all sources (including contributions) | 2019-12-31 | $70,574 |
Total of all expenses incurred | 2019-12-31 | $97 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $67,300 |
Value of total assets at end of year | 2019-12-31 | $70,477 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $97 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $997 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $997 |
Was this plan covered by a fidelity bond | 2019-12-31 | No |
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 | $47,920 |
Participant contributions at end of year | 2019-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-12-31 | $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 | 2019-12-31 | No |
Value of net income/loss | 2019-12-31 | $70,477 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $70,477 |
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 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $47,805 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2019-12-31 | $3,292 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $2,277 |
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 |
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 | $19,380 |
Employer contributions (assets) at end of year | 2019-12-31 | $19,380 |
Contract administrator fees | 2019-12-31 | $97 |
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 | COHEN & COMPANY, LTD |
Accountancy firm EIN | 2019-12-31 | 341912961 |