Plan Ledger DOL Form 5500 · updated monthly

American Learning Systems, Inc.401(k)

AMERICAN LEARNING SYSTEMS SAVINGS PLAN · PLANTATION, FL · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

American Learning Systems, Inc. reported $164,594 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $1,131 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 0.24% to 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 562nd-largest of 3,644 plans among Florida employers on file, and the 969th of 3,091 in educational services. In 2024, employees put in $3.56 for every $1.00 the employer contributed; active participation has grown from 793 to 886 since 2022.

Plan summary
Net assets, end of year$46,644,037
Participants with balances1,066
Active participants886
Employer contributions$1,002,324
Employee contributions$3,568,726
Employer contribution per active participant$1,131
Average account balance$43,756
Benefits paid to participants$5,661,983
Plan auditDisclaimer of opinion
AuditorBURTON & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$46.6M · 1,066 accts · $1.0M emplr
2023$42.8M · 1,019 accts · $892K emplr
2022$37.7M · 937 accts · $833K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,440
Investment management$114,154
Total administrative$164,594
The American Learning Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$1,131
Median for plans this size$2,416
2024$1,131 per active participant
2023$1,048 per active participant
2022$1,050 per active participant

American Learning Systems, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
ASCENSUS LLC · Loan processing · Recordkeeping$50,440
MERRILL LYNCH RETIREMENT & BENEFIT · Investment advisory (plan)$114,154

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$164,594 · 0.37%
2023$135,680 · 0.34%
2022$85,060 · 0.24%
Same employer
Similar plansEducational Services · Florida
Uma Education, Inc. FL$55.9M · 0.28%
Viking Holding Company, LLC FL$47.8M · 0.52%
The Benjamin School FL$47.2M · 0.13%
Redvector.com, LLC FL$46.3M · 0.40%
Bethune-Cookman University FL$45.5M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591235428 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.