Employers › Educational Development
Recordkeeping fees per participant · Educational Development Employee 401(k) Plan · plan year 2023
$19.08
Higher than 25% of the 8,500 plans $1 to 10M that report it.
= $1,469 / 77
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20240828154449NAL0012335393001, received 2024-08-28
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20240828154449NAL0012335393001, received 2024-08-28
Percentiles compare this plan with the Schedule H plans $1 to 10M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2023-03-01 to 2024-02-29, filing received 2024-08-28.
Administrative expenses excluding investment management, per participant
$19.08
Higher than 17% of the 17,126 plans $1 to 10M that report it.
= $1,469 / 77
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20240828154449NAL0012335393001, received 2024-08-28
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20240828154449NAL0012335393001, received 2024-08-28
Administrative expenses per participant
$19.08
Higher than 12% of the 17,762 plans $1 to 10M that report it.
= $1,469 / 77
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20240828154449NAL0012335393001, received 2024-08-28
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20240828154449NAL0012335393001, received 2024-08-28
Administrative expenses as a share of assets
0.026%
Higher than 5% of the 17,798 plans $1 to 10M that report it.
= $1,469 / $5,686,071
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20240828154449NAL0012335393001, received 2024-08-28
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20240828154449NAL0012335393001, received 2024-08-28
Employer contributions per participant
$1,899
Higher than 71% of the 15,688 plans $1 to 10M that report it.
= $146,185 / 77
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20240828154449NAL0012335393001, received 2024-08-28
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20240828154449NAL0012335393001, received 2024-08-28
Employer share of total contributions
25.8%
Higher than 41% of the 15,721 plans $1 to 10M that report it.
= $146,185 / $566,449
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20240828154449NAL0012335393001, received 2024-08-28
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20240828154449NAL0012335393001, received 2024-08-28
Plan terms are described in Educational Development Corporation's SEC filings: Form 11-K filed 2024-08-22 and Form 10-K filed 2026-05-19. No term could be quoted from them with the required precision.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20240828154449NAL0012335393001, received 2024-08-28
| Field | Value | Source |
|---|---|---|
| Plan sponsor | EDUCATIONAL DEVELOPMENT CORP. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20240828154449NAL0012335393001, received 2024-08-28 |
| Plan name | EDUCATIONAL DEVELOPMENT EMPLOYEE 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20240828154449NAL0012335393001, received 2024-08-28 |
| Sponsor EIN / plan number | 73-0750007 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20240828154449NAL0012335393001, received 2024-08-28 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20240828154449NAL0012335393001, received 2024-08-28 |
| Sponsor location | TULSA, OK | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20240828154449NAL0012335393001, received 2024-08-28 |
| Industry (business code) | 511130, Information | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20240828154449NAL0012335393001, received 2024-08-28 |
| Plan year | 2023-03-01 to 2024-02-29 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20240828154449NAL0012335393001, received 2024-08-28 |
| Filing received | 2024-08-28 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20240828154449NAL0012335393001, received 2024-08-28 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20240828154449NAL0012335393001, received 2024-08-28 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20240828154449NAL0012335393001, received 2024-08-28 |
| Participants, beginning of year | 133 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20240828154449NAL0012335393001, received 2024-08-28 |
| Active participants | 85 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20240828154449NAL0012335393001, received 2024-08-28 |
| Participants, end of year | 112 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20240828154449NAL0012335393001, received 2024-08-28 |
| Participants with an account balance | 77 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20240828154449NAL0012335393001, received 2024-08-28 |
| Total assets, beginning of year | $6,766,958 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20240828154449NAL0012335393001, received 2024-08-28 |
| Total assets, end of year | $5,686,071 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20240828154449NAL0012335393001, received 2024-08-28 |
| Net assets, end of year | $5,686,071 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20240828154449NAL0012335393001, received 2024-08-28 |
| Total income | $-504,487 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20240828154449NAL0012335393001, received 2024-08-28 |
| Net income | $-1,080,887 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20240828154449NAL0012335393001, received 2024-08-28 |
| Employer contributions | $146,185 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20240828154449NAL0012335393001, received 2024-08-28 |
| Participant contributions | $334,207 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20240828154449NAL0012335393001, received 2024-08-28 |
| Other contributions (incl. rollovers) | $86,057 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20240828154449NAL0012335393001, received 2024-08-28 |
| Total contributions | $566,449 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20240828154449NAL0012335393001, received 2024-08-28 |
| Benefit payments | $574,931 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20240828154449NAL0012335393001, received 2024-08-28 |
| Total expenses (incl. benefit payments) | $576,400 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20240828154449NAL0012335393001, received 2024-08-28 |
| Total administrative expenses | $1,469 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20240828154449NAL0012335393001, received 2024-08-28 |
| Recordkeeping fees | $1,469 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20240828154449NAL0012335393001, received 2024-08-28 |
| Administrative expenses excluding investment management | $1,469 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20240828154449NAL0012335393001, received 2024-08-28 |
| Held in common/collective trusts | $12,455 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20240828154449NAL0012335393001, received 2024-08-28 |
| Held in mutual funds | $3,909,352 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20240828154449NAL0012335393001, received 2024-08-28 |
| Independent auditor | HOGANTAYLOR LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20240828154449NAL0012335393001, received 2024-08-28 |
Position = column in the DOL layout for form year 2023. Filing 20240828154449NAL0012335393001, received 2024-08-28.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| ADP BROKER-DEALERrecordkeeper | RECORD KEEPER | 60 Sub-transfer agency fees; 59 Shareholder servicing fees | $0 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20240828154449NAL0012335393001, received 2024-08-28.
No filing for the previous plan year is in the data, so there is no year-over-year comparison.
Sponsor name as filed: EDUCATIONAL DEVELOPMENT CORP.; SEC registrant: EDUCATIONAL DEVELOPMENT CORP (CIK 31667, matched by EIN; display name from the Form 11-K cover).