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

Savvas Learning Company LLC Retirement Plan

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

Sponsored by Savvas Learning Company LLC · Arizona · Management of Enterprises

What the 2023 filing shows

Savvas Learning Company LLC Retirement Plan holds $297M for 1,403 participants — about $211,860 per participant, down 13.7% over the 2022 plan year.

$297M
total plan assets (2022 EOY)
1,403
covered participants
$211,860
avg assets per participant
-13.7%
assets change YoY

The plan reported a net loss of $47M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$297M
Participants
1,403
State
Industry
Management of Enterprises

What the Filing Says About Savvas Learning Company LLC Retirement Plan

Savvas Learning Company LLC Retirement Plan is a 401(k) retirement plan sponsored by Savvas Learning Company LLC, headquartered in Arizona. As of the 2022 Form 5500 filing, the plan reports $297M in total end-of-year assets and covers 1,403 participants across the Management of Enterprises industry. The sponsor's EIN on file with the U.S. Department of Labor is 824606641, and the plan has been effective since 2020-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $345M at the beginning of 2022 to $297M at year-end — a decline of 13.7%. Net assets (after liabilities) closed the year at $297M, with reported net income of $-47,285,756 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 and can be compared against 2 prior plan-year filings from the same sponsor shown below.

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)$345M
Total Assets (End of Year)$297M
Net Assets (End of Year)$297M
Net Income$-47,285,756
Plan Type401(k)
Employer EIN824606641
Plan Effective Date2020-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Savvas Learning Company LLC)

Year Plans Participants Total Assets
2022 1 1,403 $297M
2023 1 1,599 $352M
2024 1 1,853 $397M

Nearby 401(k) Plans in Arizona

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Frequently Asked Questions

How much money is in the Savvas Learning Company LLC Retirement Plan?
As of the 2022 Form 5500 filing, Savvas Learning Company LLC Retirement Plan holds $297M in total assets with 1,403 participants. It is sponsored by Savvas Learning Company LLC.
What type of plan is Savvas Learning Company LLC Retirement Plan?
Savvas Learning Company LLC Retirement Plan is a 401(k) plan. It has been effective since 2020-01-01. The plan is filed with the U.S. Department of Labor under EIN 824606641.
Who sponsors the Savvas Learning Company LLC Retirement Plan?
Savvas Learning Company LLC Retirement Plan is sponsored by Savvas Learning Company LLC, located in Arizona. The sponsor's EIN is 824606641 and the plan operates in the Management of Enterprises industry.
How did Savvas Learning Company LLC Retirement Plan perform in 2022?
Savvas Learning Company LLC Retirement Plan declined by 13.7% during 2022, moving from $345M to $297M in total assets. Net income was $-47,285,756.
Where can I find official filings for Savvas Learning Company LLC Retirement Plan?
Official Form 5500 filings for Savvas Learning Company LLC Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 824606641 or plan name at efast.dol.gov.
How does Savvas Learning Company LLC Retirement Plan compare to other plans?
You can compare Savvas Learning Company LLC Retirement Plan against other 401(k) plans on the plan type page, or view plans in Arizona 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 824606641.

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.