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EDUCATION ADVANCED, INC. BENEFITS PLAN 401k Plan overview

Plan NameEDUCATION ADVANCED, INC. BENEFITS PLAN
Plan identification number 502

EDUCATION ADVANCED, INC. BENEFITS PLAN Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Health (other than dental or vision)
  • Life insurance
  • Temporary disability (accident and sickness)
  • Long-term disability cover

401k Sponsoring company profile

EDUCATION ADVANCED INC has sponsored the creation of one or more 401k plans.

Company Name:EDUCATION ADVANCED INC
Employer identification number (EIN):454536173
NAIC Classification:511210
NAIC Description:Software Publishers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EDUCATION ADVANCED, INC. BENEFITS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5022022-09-01STUART LUCKO2024-03-09

Plan Statistics for EDUCATION ADVANCED, INC. BENEFITS PLAN

401k plan membership statisitcs for EDUCATION ADVANCED, INC. BENEFITS PLAN

Measure Date Value
2022: EDUCATION ADVANCED, INC. BENEFITS PLAN 2022 401k membership
Total participants, beginning-of-year2022-09-01100
Total number of active participants reported on line 7a of the Form 55002022-09-010
Number of retired or separated participants receiving benefits2022-09-010
Number of other retired or separated participants entitled to future benefits2022-09-010
Total of all active and inactive participants2022-09-010
Number of employers contributing to the scheme2022-09-010

Form 5500 Responses for EDUCATION ADVANCED, INC. BENEFITS PLAN

2022: EDUCATION ADVANCED, INC. BENEFITS PLAN 2022 form 5500 responses
2022-09-01Type of plan entitySingle employer plan
2022-09-01First time form 5500 has been submittedYes
2022-09-01This submission is the final filingYes
2022-09-01Plan funding arrangement – InsuranceYes
2022-09-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

COLONIAL LIFE & ACCIDENT INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 62049 )
Policy contract numberE5641998
Policy instance 1
Insurance contract or identification numberE5641998
Number of Individuals Covered101
Insurance policy start date2022-09-01
Insurance policy end date2023-08-31
Total amount of commissions paid to insurance brokerUSD $18,813
Total amount of fees paid to insurance companyUSD $3,622
Health Insurance Welfare BenefitYes
Life Insurance Welfare BenefitYes
Temporary Disability Insurance Welfare BenefitYes
Long Term Disability Insurance Welfare BenefitYes
Other welfare benefits providedACCIDENT, CRITICAL ILLNESS
Welfare Benefit Premiums Paid to CarrierUSD $71,023
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $9,842
Amount paid for insurance broker fees0
Insurance broker organization code?3
Additional information about fees paid to insurance brokerFEES

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