Varsity Tutors Llc 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2018. 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.

Varsity Tutors Llc 401(k) Plan Facts (plan year 2018)

Plan name
VARSITY TUTORS 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
VARSITY TUTORS LLC
Participants
343 (405 active employees)
Former employees with a balance
51
Plan assets
$2,484,554 at Dec 31, 2018
Average account balance
$11,775 across 211 accounts
Employer contributions
$219,466 in plan year 2018 (18% of all contributions)
Plan year
Jan 1, 2018 – Dec 31, 2018
Plan established
Jan 1, 2016
✓ 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 2018 (Jan 1, 2018 – Dec 31, 2018), filed Oct 2, 2019. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2018

  • $1.21 million went into the plan in contributions, $219,466 of it from the employer (18%).
  • $163,298 was paid out to participants.
  • Administrative expenses were $6,830, about $32 per account.

How the Varsity Tutors Llc 401(k) changed, 2016–2018

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2016148$584,708$127,663$31,999
2017248$1.65 million$215,836$107,041
2018343$2.48 million$219,466$163,298

Varsity Tutors Llc 401(k) Contact Information

Phone
314-503-0221
Mailing address
101 SOUTH HANLEY RD SUITE 300, CLAYTON MO 63105
Plan sponsor
VARSITY TUTORS LLC
Employer identification number (EIN)
26-1298114
Plan number
001

Questions about the Varsity Tutors Llc 401(k)

Is the Varsity Tutors Llc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2018, and no later filing was found under this employer's EIN.

Does Varsity Tutors Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2018 the employer contributed $219,466, 18% of all contributions.

Does the Varsity Tutors Llc 401(k) have automatic enrollment?

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

How many people are in the Varsity Tutors Llc 401(k) plan?

343 participants at the start of plan year 2018, 405 of them active employees, and 51 former employees who still had money in the plan.

What is the average 401(k) balance at Varsity Tutors Llc?

About $11,775 per account: $2.48 million in plan assets across 211 accounts with a balance at the end of plan year 2018.

Who manages the Varsity Tutors Llc 401(k) accounts?

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

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