The Academy Charter School 401(k) Plan: Login, Facts & Contact Information

The Academy Charter School 401(k) Plan Facts

Plan name
THE ACADEMY CHARTER SCHOOL 401(K) PLAN
Plan type
401(k)
Plan sponsor
THE ACADEMY CHARTER SCHOOL
Participants
662 (811 active employees)
Former employees with a balance
42
Plan assets
$14,091,003 at Dec 31, 2024
Average account balance
$36,600 across 385 accounts
Employer contributions
$986,939 in plan year 2024 (27% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jul 1, 2009
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 Oct 14, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $3.69 million went into the plan in contributions, $986,939 of it from the employer (27%).
  • $1.22 million was paid out to participants.
  • Investment and other income added $1.14 million.
  • Administrative expenses were $87,664, about $228 per account.

How the The Academy Charter School 401(k) changed, 20192024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019289$3.60 million$333,706$343,120
2020351$5.26 million$455,733$281,795
2021461$7.19 million$555,740$613,851
2022570$7.32 million$678,323$724,337
2023586$10.6 million$844,076$674,643
2024662$14.1 million$986,939$1.22 million

The Academy Charter School 401(k) Contact Information

Phone
212-786-7900
Mailing address
117 NORTH FRANKLIN STREET, HEMPSTEAD NY 11550
Plan sponsor
THE ACADEMY CHARTER SCHOOL
Employer identification number (EIN)
80-0353508
Plan number
001

Questions about the The Academy Charter School 401(k)

Does The Academy Charter School contribute to the 401(k)?

The plan does not report an employer matching arrangement on its Form 5500. It did report $986,939 in employer contributions for plan year 2024.

Does the The Academy Charter School 401(k) have automatic enrollment?

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

How many people are in the The Academy Charter School 401(k) plan?

662 participants at the start of plan year 2024, 811 of them active employees, and 42 former employees who still had money in the plan.

What is the average 401(k) balance at The Academy Charter School?

About $36,600 per account: $14.1 million in plan assets across 385 accounts with a balance at the end of plan year 2024.

Who manages the The Academy Charter School 401(k) accounts?

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

I no longer work at The Academy Charter School. How do I access my 401(k)?

Your account stays with Principal 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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