Plan Ledger DOL Form 5500 · updated monthly

2U, Inc.401(k)

2U, INC. 401(K) RETIREMENT PLAN · LANHAM, MD · plan year 2024

Reported admin expense ratio · 2024
0.10%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

2U, Inc. reported $179,179 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $4,562 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.20% to 0.10%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other educational services employers. By assets it is the 91st-largest of 1,671 plans among Maryland employers on file, and the 287th of 3,091 in educational services. In 2024, employees put in $2.45 for every $1.00 the employer contributed; active participation has shrunk from 5,251 to 1,385 since 2022.

Plan summary
Net assets, end of year$195,178,344
Participants with balances3,121
Active participants1,385
Employer contributions$6,318,984
Employee contributions$15,489,878
Employer contribution per active participant$4,562
Average account balance$62,537
Benefits paid to participants$32,582,876
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$195.2M · 3,121 accts · $6.3M emplr
2023$178.6M · 3,702 accts · $8.7M emplr
2022$133.3M · 3,887 accts · $9.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$179,004
Investment management$175
Total administrative$179,179
The 2U, Inc. 401(k) match · 2024
Employer contribution per active participant$4,562
Median for plans this size$3,635
2024$4,562 per active participant
2023$3,668 per active participant
2022$1,885 per active participant

2U, Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$179,004

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$179,179 · 0.10%
2023$237,376 · 0.15%
2022$266,232 · 0.20%
Same employer
Similar plansEducational Services · Maryland
Loyola University Maryland MD$441.4M · 0.05%
Goucher College MD$154.1M · 0.01%
American Physical Society MD$142.7M · 0.09%
St. John's College MD$137.9M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262335939 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.