401(k)
2024 plan-year 401(k) DOL Form 5500

Powerschool Group LLC 401(k) Plan

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

Sponsored by Powerschool Group LLC · California · Professional & Technical Services

What the 2023 filing shows

Powerschool Group LLC 401(k) Plan holds $222M for 1,871 participants — about $118,913 per participant, up 20.0% over the 2024 plan year.

$222M
total plan assets (2024 EOY)
1,871
covered participants
$118,913
avg assets per participant
+20.0%
assets growth YoY
Total Assets (2023)
$222M
Participants
1,871
State
Industry
Professional & Technical Services

What the Filing Says About Powerschool Group LLC 401(k) Plan

Powerschool Group LLC 401(k) Plan is a 401(k) retirement plan sponsored by Powerschool Group LLC, headquartered in California. As of the 2024 Form 5500 filing, the plan reports $222M in total end-of-year assets and covers 1,871 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 474429364, and the plan has been effective since 2015-08-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $185M at the beginning of 2024 to $222M at year-end — a gain of 20.0%. Net assets (after liabilities) closed the year at $222M, with reported net income of $33M 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)$185M
Total Assets (End of Year)$222M
Net Assets (End of Year)$222M
Net Income$33M
Plan Type401(k)
Employer EIN474429364
Plan Effective Date2015-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Powerschool Group LLC)

Year Plans Participants Total Assets
2022 1 2,270 $141M
2023 1 2,171 $185M
2024 1 1,871 $222M

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Frequently Asked Questions

How much money is in the Powerschool Group LLC 401(k) Plan?
As of the 2024 Form 5500 filing, Powerschool Group LLC 401(k) Plan holds $222M in total assets with 1,871 participants. It is sponsored by Powerschool Group LLC.
What type of plan is Powerschool Group LLC 401(k) Plan?
Powerschool Group LLC 401(k) Plan is a 401(k) plan. It has been effective since 2015-08-01. The plan is filed with the U.S. Department of Labor under EIN 474429364.
Who sponsors the Powerschool Group LLC 401(k) Plan?
Powerschool Group LLC 401(k) Plan is sponsored by Powerschool Group LLC, located in California. The sponsor's EIN is 474429364 and the plan operates in the Professional & Technical Services industry.
How did Powerschool Group LLC 401(k) Plan perform in 2024?
Powerschool Group LLC 401(k) Plan grew by 20.0% during 2024, moving from $185M to $222M in total assets. Net income was $33M.
Where can I find official filings for Powerschool Group LLC 401(k) Plan?
Official Form 5500 filings for Powerschool Group LLC 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 474429364 or plan name at efast.dol.gov.
How does Powerschool Group LLC 401(k) Plan compare to other plans?
You can compare Powerschool Group LLC 401(k) Plan 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.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 474429364.

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.