401(k)
2023 plan-year 401(k) DOL Form 5500

GALILEO LEARNING, LLC 401(K) PROFIT SHARING PLAN & TRUST

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

GALILEO LEARNING, LLC

This 401(k) plan holds $2M in total assets and serves 55 participants as of 2023. It is sponsored by GALILEO LEARNING, LLC in California. The plan reported a net loss of $1M for the year.

Total Assets (2023)
$2M
Participants
55
State
Industry
Educational Services

What the Filing Says About GALILEO LEARNING, LLC 401(K) PROFIT SHARING PLAN & TRUST

GALILEO LEARNING, LLC 401(K) PROFIT SHARING PLAN & TRUST is a 401(k) retirement plan sponsored by GALILEO LEARNING, LLC, headquartered in California. As of the 2023 Form 5500 filing, the plan reports $2M in total end-of-year assets and covers 55 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 710869453, and the plan has been effective since 2002-09-27. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $3M at the beginning of 2023 to $2M at year-end — a decline of 29.7%. Net assets (after liabilities) closed the year at $2M, with reported net income of $-1,025,689 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 1 prior plan-year filing 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)$3M
Total Assets (End of Year)$2M
Net Assets (End of Year)$2M
Net Income$-1,025,689
Plan Type401(k)
Employer EIN710869453
Plan Effective Date2002-09-27
Filing StatusFILING RECEIVED

Sponsor Plan History (GALILEO LEARNING, LLC)

Year Plans Participants Total Assets
2022 1 94 $3M
2023 1 55 $2M

Nearby 401(k) Plans in California

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Frequently Asked Questions

How much money is in the GALILEO LEARNING, LLC 401(K) PROFIT SHARING PLAN & TRUST?
As of the 2023 Form 5500 filing, GALILEO LEARNING, LLC 401(K) PROFIT SHARING PLAN & TRUST holds $2M in total assets with 55 participants. It is sponsored by GALILEO LEARNING, LLC.
What type of plan is GALILEO LEARNING, LLC 401(K) PROFIT SHARING PLAN & TRUST?
GALILEO LEARNING, LLC 401(K) PROFIT SHARING PLAN & TRUST is a 401(k) plan. It has been effective since 2002-09-27. The plan is filed with the U.S. Department of Labor under EIN 710869453.
Who sponsors the GALILEO LEARNING, LLC 401(K) PROFIT SHARING PLAN & TRUST?
GALILEO LEARNING, LLC 401(K) PROFIT SHARING PLAN & TRUST is sponsored by GALILEO LEARNING, LLC, located in California. The sponsor's EIN is 710869453 and the plan operates in the Educational Services industry.
How did GALILEO LEARNING, LLC 401(K) PROFIT SHARING PLAN & TRUST perform in 2023?
GALILEO LEARNING, LLC 401(K) PROFIT SHARING PLAN & TRUST declined by 29.7% during 2023, moving from $3M to $2M in total assets. Net income was $-1,025,689.
Where can I find official filings for GALILEO LEARNING, LLC 401(K) PROFIT SHARING PLAN & TRUST?
Official Form 5500 filings for GALILEO LEARNING, LLC 401(K) PROFIT SHARING PLAN & TRUST are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 710869453 or plan name at efast.dol.gov.
How does GALILEO LEARNING, LLC 401(K) PROFIT SHARING PLAN & TRUST compare to other plans?
You can compare GALILEO LEARNING, LLC 401(K) PROFIT SHARING PLAN & TRUST against other 401(k) plans on the plan type page, or view plans in California on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 710869453.

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 official public datasets. See our methodology for details.