Plan Ledger DOL Form 5500 · updated monthly

Academy Parent, LLC401(k)

THE ACADEMY 401(K) RETIREMENT PLAN · ARLINGTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Academy Parent, LLC reported $13,208 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,380 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 rose from 0.07% to 0.11%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Virginia (1,260th of 2,266), and 7,000th of 11,654 in professional & technical services. In 2024, employees put in $3.35 for every $1.00 the employer contributed; active participation has grown from 138 to 180 since 2022.

Plan summary
Net assets, end of year$13,354,483
Participants with balances230
Active participants180
Employer contributions$608,456
Employee contributions$2,041,348
Employer contribution per active participant$3,380
Average account balance$58,063
Benefits paid to participants$996,814
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.4M · 230 accts · $608K emplr
2023$9.7M · 217 accts · $476K emplr
2022$5.3M · 169 accts · $424K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,929
Total administrative$13,208
The Academy Parent, LLC 401(k) match · 2024
Employer contribution per active participant$3,380
Median for plans this size$2,416
2024$3,380 per active participant
2023$2,818 per active participant
2022$3,069 per active participant

Academy Parent, LLC's 2024 employer contribution ran above the $2,416 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 · 20248
T ROWE PRICE RPS INC · Recordkeeping · Trustee$29,692
AMERICAN BEACON FUNDS · Investment managementindirect comp
PIMCO FUNDS · Investment managementindirect comp
DIMENSIONAL FUNDS · Investment managementindirect comp
EAGLEASSET · Investment managementindirect comp
FIDELITY · Investment managementindirect comp
LEGG MASON · Investment managementindirect comp
COHEN & STEERS FUNDS · Investment managementindirect comp

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$13,208 · 0.11%
2023$10,358 · 0.14%
2022$3,570 · 0.07%
Similar plansProfessional & Technical Services · Virginia
Specter Ops, Inc. VA$13.7M · 0.08%
Tech Wizards VA$13.6M · 0.51%
Spin Systems, Inc. VA$13.3M · 0.67%
Esentire America VA$13.3M · 0.64%
Pangiam Holdings, LLC VA$13.3M · 0.57%
Lessard Design Inc. VA$13.3M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 823500982 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.