Kindercare Education 401(k) Plan (terminated 2023): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2023, when $235.8 million was transferred out of the plan. Assets moved to the SUCCESSWISE POOLED EMPLOYER PLAN (sponsored by PLAN PROFESSIONALS, LLC). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

Kindercare Education 401(k) Plan Facts (plan year 2023)

Plan name
KINDERCARE EDUCATION SAVINGS AND INVESTMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
KINDERCARE EDUCATION LLC
Participants
40,550
Former employees with a balance
0
Employer contributions
$4,832,721 in plan year 2023 (19% of all contributions)
Recordkeeper
Empower Annuity Insurance Company O
Plan year
Jan 1, 2023 – Dec 31, 2023
Plan established
Jan 1, 1990
✓ 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 2023 (Jan 1, 2023 – Dec 31, 2023), filed Oct 15, 2024. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2023

  • $25.7 million went into the plan in contributions, $4.83 million of it from the employer (19%).
  • $24.3 million was paid out to participants.
  • Investment and other income added $34.7 million.

How the Kindercare Education 401(k) changed, 2018–2023

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
201831,217$138.4 million$3.51 million$12.5 million
201932,047$172.3 million$3.59 million$15.2 million
202038,816$199.2 million$3.30 million$17.4 million
202133,338$229.4 million$3.81 million$17.7 million
202234,825$199.6 million$4.39 million$17.2 million
2023 (final)40,550$0$4.83 million$24.3 million

Kindercare Education 401(k) Contact Information

Phone
503-873-4305
Mailing address
5005 MEADOWS ROAD SUITE 200, LAKE OSWEGO OR 97035
Plan sponsor
KINDERCARE EDUCATION LLC
Employer identification number (EIN)
06-1097006
Plan number
002

Questions about the Kindercare Education 401(k)

Is the Kindercare Education 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2023. Its assets were transferred to the SUCCESSWISE POOLED EMPLOYER PLAN.

Does Kindercare Education contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2023 the employer contributed $4.83 million, 19% of all contributions.

Does the Kindercare Education 401(k) have automatic enrollment?

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

How many people are in the Kindercare Education 401(k) plan?

40,550 participants at the start of plan year 2023.

Who manages the Kindercare Education 401(k) accounts?

Empower (listed on the filing as EMPOWER ANNUITY INSURANCE COMPANY O) is the plan's recordkeeper, which is where participants log in to see their balance.

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