Education Management Ii Llc 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2016. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

Education Management Ii Llc 401(k) Plan Facts (plan year 2016)

Plan name
EDUCATION MANAGEMENT II LLC RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
EDUCATION MANAGEMENT II LLC
Participants
23,752 (14,555 active employees)
Former employees with a balance
4,436
Plan assets
$569,530,746 at Dec 31, 2016
Average account balance
$54,926 across 10,369 accounts
Plan year
Jan 1, 2016 – Dec 31, 2016
Plan established
Jan 1, 1979
✓ 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 2016 (Jan 1, 2016 – Dec 31, 2016), filed Oct 2, 2017. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2016

  • $28.7 million went into the plan in contributions.
  • $100.0 million was paid out to participants.
  • Investment and other income added $40.9 million.
  • Administrative expenses were $431,731, about $42 per account.

Education Management Ii Llc 401(k) Contact Information

Phone
412-562-0900
Mailing address
210 SIXTH AVENUE, SUITE 3300, PITTSBURGH PA 152222603
Plan sponsor
EDUCATION MANAGEMENT II LLC
Plan administrator
EDUCATION MANAGEMENT II LLC CORPORATE BENEFITS DEPARTMENT
Employer identification number (EIN)
47-2042661
Plan number
001

Questions about the Education Management Ii Llc 401(k)

Is the Education Management Ii Llc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2016, and no later filing was found under this employer's EIN.

Does Education Management Ii Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement.

Does the Education Management Ii Llc 401(k) have automatic enrollment?

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

How many people are in the Education Management Ii Llc 401(k) plan?

23,752 participants at the start of plan year 2016, 14,555 of them active employees, and 4,436 former employees who still had money in the plan.

What is the average 401(k) balance at Education Management Ii Llc?

About $54,926 per account: $569.5 million in plan assets across 10,369 accounts with a balance at the end of plan year 2016.

Who manages the Education Management Ii Llc 401(k) accounts?

Fidelity NetBenefits is the plan's recordkeeper, which is where participants log in to see their balance.

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