401(k)
2022 plan-year 401(k) DOL Form 5500

Seagull Schools, Inc. 401-K Profit Sharing Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Seagull Schools, Inc. · Hawaii · Educational Services

What the 2023 filing shows

Seagull Schools, Inc. 401-K Profit Sharing Plan holds $3M for 103 participants — about $30,703 per participant, down 12.9% over the 2022 plan year.

$3M
total plan assets (2022 EOY)
103
covered participants
$30,703
avg assets per participant
-12.9%
assets change YoY

The plan reported a net loss of $469K for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$3M
Participants
103
State
Industry
Educational Services

What the Filing Says About Seagull Schools, Inc. 401-K Profit Sharing Plan

Seagull Schools, Inc. 401-K Profit Sharing Plan is a 401(k) retirement plan sponsored by Seagull Schools, Inc., headquartered in Hawaii. As of the 2022 Form 5500 filing, the plan reports $3M in total end-of-year assets and covers 103 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 990155163, and the plan has been effective since 1997-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $4M at the beginning of 2022 to $3M at year-end — a decline of 12.9%. Net assets (after liabilities) closed the year at $3M, with reported net income of $-469,306 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$4M
Total Assets (End of Year)$3M
Net Assets (End of Year)$3M
Net Income$-469,306
Plan Type401(k)
Employer EIN990155163
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

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Frequently Asked Questions

How much money is in the Seagull Schools, Inc. 401-K Profit Sharing Plan?
As of the 2022 Form 5500 filing, Seagull Schools, Inc. 401-K Profit Sharing Plan holds $3M in total assets with 103 participants. It is sponsored by Seagull Schools, Inc..
What type of plan is Seagull Schools, Inc. 401-K Profit Sharing Plan?
Seagull Schools, Inc. 401-K Profit Sharing Plan is a 401(k) plan. It has been effective since 1997-01-01. The plan is filed with the U.S. Department of Labor under EIN 990155163.
Who sponsors the Seagull Schools, Inc. 401-K Profit Sharing Plan?
Seagull Schools, Inc. 401-K Profit Sharing Plan is sponsored by Seagull Schools, Inc., located in Hawaii. The sponsor's EIN is 990155163 and the plan operates in the Educational Services industry.
How did Seagull Schools, Inc. 401-K Profit Sharing Plan perform in 2022?
Seagull Schools, Inc. 401-K Profit Sharing Plan declined by 12.9% during 2022, moving from $4M to $3M in total assets. Net income was $-469,306.
Where can I find official filings for Seagull Schools, Inc. 401-K Profit Sharing Plan?
Official Form 5500 filings for Seagull Schools, Inc. 401-K Profit Sharing Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 990155163 or plan name at efast.dol.gov.
How does Seagull Schools, Inc. 401-K Profit Sharing Plan compare to other plans?
You can compare Seagull Schools, Inc. 401-K Profit Sharing Plan against other 401(k) plans on the plan type page, or view plans in Hawaii on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 990155163.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.