Black Pearl Educational Services, Llc 401(k) Plan: Login, Facts & Contact Information

Black Pearl Educational Services, Llc 401(k) Plan Facts

Plan name
BLACK PEARL EDUCATIONAL SERVICES, LLC 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
BLACK PEARL EDUCATIONAL SERVICES, LLC
Participants
197 (139 active employees)
Former employees with a balance
50
Plan assets
$14,335,277 at Dec 31, 2024
Average account balance
$89,039 across 161 accounts
Employer contributions
$536,778 in plan year 2024 (56% of all contributions)
Recordkeeper
John Hancock Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 2017
✓ Employer contributions— Automatic enrollment— Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Jul 23, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $963,465 went into the plan in contributions, $536,778 of it from the employer (56%).
  • $859,079 was paid out to participants.
  • Investment and other income added $1.75 million.
  • Administrative expenses were $72,615, about $451 per account.

How the Black Pearl Educational Services, Llc 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019179$9.62 million$426,992$376,196
2020204$12.2 million$652,678$122,558
2021156$14.0 million$428,600$806,375
2022169$12.2 million$449,861$148,841
2023178$12.5 million$464,924$2.62 million
2024197$14.3 million$536,778$859,079

Black Pearl Educational Services, Llc 401(k) Contact Information

Phone
616-891-1147
Mailing address
6500 BYRON CENTER AVE, SUITE 200, BYRON CENTER MI 49315
Plan sponsor
BLACK PEARL EDUCATIONAL SERVICES, LLC
Employer identification number (EIN)
81-4286951
Plan number
001

Questions about the Black Pearl Educational Services, Llc 401(k)

Does Black Pearl Educational Services, Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $536,778, 56% of all contributions.

Does the Black Pearl Educational Services, Llc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Black Pearl Educational Services, Llc 401(k) plan?

197 participants at the start of plan year 2024, 139 of them active employees, and 50 former employees who still had money in the plan.

What is the average 401(k) balance at Black Pearl Educational Services, Llc?

About $89,039 per account: $14.3 million in plan assets across 161 accounts with a balance at the end of plan year 2024.

Who manages the Black Pearl Educational Services, Llc 401(k) accounts?

John Hancock (listed on the filing as JOHN HANCOCK LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Black Pearl Educational Services, Llc. How do I access my 401(k)?

Your account stays with John Hancock after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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