Academic Innovations, LLC Profit Sharing Plan

401(k) · DOL Form 5500 · 2023

What the Filing Says About Academic Innovations, LLC Profit Sharing Plan

Academic Innovations, LLC Profit Sharing Plan is a 401(k) retirement plan sponsored by Academic Innovations, LLC, headquartered in Utah. According to the U.S. Department of Labor's 2023 Form 5500 filing, the plan reports $719K in total end-of-year assets and covers 15 participants across the Information & Media industry. The sponsor's EIN on file with the U.S. Department of Labor is 800772702, and the plan has been effective since 2000-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets grew sharply from $606K at the beginning of 2023 to $719K at year-end - up 18.8%. Net assets (after liabilities) closed the year at $719K, with reported net income of $114K 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.

Across the 2 plan years Academic Innovations, LLC has on file with PlainRetire (2022-2023), sponsor-wide plan assets have moved from $606K to $719K, a gain of 18.8%, while reported participants moved from 17 to 15 (-11.8%). Year-by-year, sponsor-wide filings show: 2022 - $606K in assets across 1 plan covering 17 participants; 2023 - $719K in assets across 1 plan covering 15 participants.

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 2023 Form 5500 with a reported end-of-year asset figure (126,618 plans), rank Academic Innovations, LLC Profit Sharing 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.