401(k) Ā· DOL Form 5500 Ā· 2022
Sabis Educational Systems, Inc Savings Plan
Data updated 2026-05-15
- $9M
- Total assets
- 64
- Participants
- 63th
- Percentile by assets
- $140,421
- Avg per participant
Sponsored by Sabis Educational Systems, Inc Ā· Minnesota Ā· Educational Services
What the 2022 filing shows
Sabis Educational Systems, Inc Savings Plan holds $9M for 64 participants - about $140,421 per participant, above the median plan by assets, down 17.8% over the 2022 plan year.
- $9M
- total plan assets (2022 EOY)
- 64
- covered participants
- 63th
- percentile by assets (of 139,258 plans)
- $140,421
- avg assets per participant
The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
401(k) Ā· DOL Form 5500 Ā· 2022
What the Filing Says About Sabis Educational Systems, Inc Savings Plan
Sabis Educational Systems, Inc Savings Plan is a 401(k) retirement plan sponsored by Sabis Educational Systems, Inc, headquartered in Minnesota. According to the U.S. Department of Labor's 2022 Form 5500 filing, the plan reports $9M in total end-of-year assets and covers 64 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 411528294, and the plan has been effective since 1990-09-01. Its filing status is currently FILING RECEIVED.
Year over year, total assets declined sharply from $11M at the beginning of 2022 to $9M at year-end - down 17.8%. Net assets (after liabilities) closed the year at $9M, with reported net income of -$2M 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.
How the percentile is calculated: we count every plan that filed a 2022 Form 5500 with a reported end-of-year asset figure (139,258 plans), rank Sabis Educational Systems, Inc Savings Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.
Financial Summary (2022)
| Total Assets (Beginning of Year) | $11M |
|---|---|
| Total Assets (End of Year) | $9M |
| Net Assets (End of Year) | $9M |
| Net Income | -$2M |
| Plan Type | 401(k) |
| Employer EIN | 411528294 |
| Plan Effective Date | 1990-09-01 |
| Filing Status | FILING RECEIVED |
Nearby 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Unitedhealth Group 401(k) Savings Plan $18.6B Ā· 176,886
- Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan) $12.2B Ā· 38,825
- Target Corporation 401(k) Plan $11.2B Ā· 400,422
- 3M Voluntary Investment Plan and Employee Stock Ownership Plan $11.1B Ā· 37,159
- U.S. Bank 401(k) Savings Plan $8.3B Ā· 67,646
Frequently Asked Questions
How much money is in the Sabis Educational Systems, Inc Savings Plan? ▼
What type of plan is Sabis Educational Systems, Inc Savings Plan? ▼
Who sponsors the Sabis Educational Systems, Inc Savings Plan? ▼
How did Sabis Educational Systems, Inc Savings Plan perform in 2022? ▼
What this filing means
Ways to act on Sabis Educational Systems, Inc Savings Plan's numbers.
- By total assets, Sabis Educational Systems, Inc Savings Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Minnesota. Compare plans
- A 401(k) plan works differently from other retirement plan types, understand the structural differences before comparing. Compare plan types
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 411528294.
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.
Read our methodology - how this data is sourced, computed, and verified.
Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.