Plan Snapshot
- Plan Sponsor: Summit K12 Holdings, INC
- Sponsor EIN: 472584101
- Sponsor Address: 7140 LAS VENTANAS DR, AUSTIN, TX, 78731
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 0
- Total Assets: $1.4M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 0 | $1.4M | $0 | $601,578 |
| 2023 | 95 | $750,739 | $25,919 | $412,709 |
| 2022 | 52 | $263,030 | $0 | $209,878 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| RUSSON + JOHNSTON LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $2,367 | $832 | — | — | — |
| 2023 | $41,358 | — | — | — | — |
| 2022 | $36,698 | — | — | — | — |