Plan Ledger DOL Form 5500 · updated monthly

Aac Education Services, LLC. D/B/A All Around Children401(k)

AAC EDUCATION SERVICES LLC. 401(K) PLAN · BEDFORD HEIGHTS, OH · plan year 2024

Reported admin expense ratio · 2024
4.74%

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

Aac Education Services, LLC. D/B/A All Around Children reported $28,676 in plan administrative expenses for 2024: 4.74% of average plan assets, higher than ~90% of peers. Employer contributions averaged $460 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 5.25% to 4.74%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Ohio (3,186th of 3,295), and 2,270th of 2,534 in administrative & support services. In 2024, employees put in $2.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$704,722
Participants with balances167
Active participants179
Employer contributions$82,361
Employee contributions$205,553
Employer contribution per active participant$460
Average account balance$4,220
Benefits paid to participants$136,655
Plan auditUnmodified (clean) audit opinion
AuditorNEITZEL, LUKE & SALOPEK, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$705K · 167 accts · $82K emplr
2023$506K · 166 accts · $115K emplr
2022$231K · 153 accts · $88K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,676
Total administrative$28,676
The Aac Education Services, LLC. D/B/A All Around Children 401(k) match · 2024
Employer contribution per active participant$460
Median for plans this size$540
2024$460 per active participant
2023$580 per active participant
2022$538 per active participant

Aac Education Services, LLC. D/B/A All Around Children's 2024 employer contribution ran below the $540 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
VESTWELL · Contract administrator · Investment advisory (plan)$26,668

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$28,676 · 4.74%
2023$22,105 · 6.00%
2022$7,321 · 5.25%
Similar plansAdministrative & Support Services · Ohio
Whitehouse Ohio Works OH$1.1M · 1.86%
Envelope 1 Inc OH$1.0M · 0.51%
Triple E Partners, LLC OH$917K · 0.45%
Gasbarro Management, LLC OH$828K · 1.56%
Genric, Inc. OH$602K · 1.66%
Tdg Facilities, LLC OH$500K · 1.19%
Vero Rn LLC OH$494K · 0.99%

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Source: U.S. Department of Labor, Form 5500 series, EIN 843966894 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.