Educate, Inc. 401(k) Plan (terminated 2022): Login, Facts & Contact Information
This plan was terminated. Its final Form 5500 covers plan year 2022, when $13.8 million was transferred out of the plan. Assets moved to the FRANCHISE GROUP, INC. 401(K) PLAN (sponsored by FRANCHISE GROUP, INC.). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.
Educate, Inc. 401(k) Login
Retirement plan providers can change. This information is from the plan's 2022 filing.
Educate, Inc. 401(k) Plan Facts (plan year 2022)
Source: Form 5500 for plan year 2022 (Jan 1, 2022 – Mar 31, 2022), filed Jan 25, 2023. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2022
- $594,586 was paid out to participants.
How the Educate, Inc. 401(k) changed, 2017–2022
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2017 | 248 | $10.4 million | $107,629 | $3.00 million |
| 2018 | 219 | $9.34 million | $74,542 | $1.38 million |
| 2019 | 210 | $11.4 million | $112,075 | $787,369 |
| 2020 | 203 | $13.5 million | $146,860 | $623,848 |
| 2021 | 197 | $15.4 million | $81,083 | $868,244 |
| 2022 (final) | 178 | $0 | $0 | $594,586 |
Educate, Inc. 401(k) Contact Information
Questions about the Educate, Inc. 401(k)
Is the Educate, Inc 401(k) plan still active?
No. The plan's final Form 5500 was filed for plan year 2022. Its assets were transferred to the FRANCHISE GROUP, INC. 401(K) PLAN.
Does Educate, Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement.
Does the Educate, Inc 401(k) have automatic enrollment?
Yes. The plan reports automatic enrollment of eligible employees.
How many people are in the Educate, Inc 401(k) plan?
178 participants at the start of plan year 2022.
Who manages the Educate, Inc 401(k) accounts?
Capital Group / American Funds (listed on the filing as CAPITAL GROUP RETIREMENT PLAN SVCS.) is the plan's recordkeeper, which is where participants log in to see their balance.