Plan Ledger DOL Form 5500 · updated monthly

Accel401(k)

ACCEL RETIREMENT PLAN · PHOENIX, AZ · plan year 2024

Reported admin expense ratio · 2024
1.08%

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

Accel reported $22,240 in plan administrative expenses for 2024: 1.08% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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 3 years on file its reported administrative ratio has held roughly steady near 1.08%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Arizona (1,055th of 1,285), and 2,851st of 3,091 in educational services. active participation has grown from 292 to 372 since 2022.

Plan summary
Net assets, end of year$2,056,232
Participants with balances103
Active participants372
Employer contributions$0
Employee contributions$237,971
Employer contribution per active participant$0
Average account balance$19,963
Benefits paid to participants$441,652
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.1M · 103 accts
2023$2.0M · 102 accts · $4K emplr
2022$1.6M · 101 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,240
Total administrative$22,240
The Accel 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Accel's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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
TRANSAMERICA RETIREMENT SOLUTIONS, · Recordkeeping · Loan processing$21,005

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$22,240 · 1.08%
2023$19,287 · 1.04%
2022$20,687 · 1.13%
Same employer
Similar plansEducational Services · Arizona
Bryan University, LLC AZ$2.3M · 0.62%
Stormwind, LLC AZ$2.0M · 0.57%
Skyline Education, Inc. AZ$1.2M · 1.77%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953497070 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.