Plan Ledger DOL Form 5500 · updated monthly

Ameritech College LLC401(k)

AMERITECH COLLEGE LLC RETIREMENT PLAN · DRAPER, UT · plan year 2024

Reported admin expense ratio · 2024
1.07%

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

Ameritech College LLC reported $104,324 in plan administrative expenses for 2024: 1.07% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,432 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 rose from 0.98% to 1.07%. 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 Utah (426th of 848), and 2,006th of 3,091 in educational services. In 2024, the employer put in $1.69 for every $1.00 employees contributed themselves; active participation has grown from 269 to 326 since 2021.

Plan summary
Net assets, end of year$11,352,548
Participants with balances427
Active participants326
Employer contributions$1,444,871
Employee contributions$857,175
Employer contribution per active participant$4,432
Average account balance$26,587
Benefits paid to participants$809,190
Plan auditUnmodified (clean) audit opinion
AuditorWILKE & ASSOCIATES
Plan history4
Yearassets · accounts · employer contribution
2024$11.4M · 427 accts · $1.4M emplr
2023$8.2M · 429 accts · $746K emplr
2022$5.5M · 405 accts · $643K emplr
2021$5.3M · 319 accts · $509K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,012
Investment management$55,312
Total administrative$104,324
The Ameritech College LLC 401(k) match · 2024
Employer contribution per active participant$4,432
Median for plans this size$1,313
2024$4,432 per active participant
2023$2,247 per active participant
2022$1,992 per active participant
2021$1,891 per active participant

Ameritech College LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20243
KESTRA ADVISORY SERVICES LLC · Investment advisory (plan)$42,755
EMPOWER ADVISORY GROUP, LLC · Investment management$12,557

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

Administrative cost history4
2024$104,324 · 1.07%
2023$81,301 · 1.18%
2022$56,773 · 1.05%
2021$44,205 · 0.98%
All plans at this employer2
AMERITECH COLLEGE LLC RETIREMENT PLAN401(k)
AMERITECH COLLEGE LLC RETIREMENT PLAN401(k)
Same employer
Similar plansEducational Services · Utah
Providence Hall UT$11.6M · 0.64%
The McGillis School UT$10.0M · 0.15%
Nightingale College, LLC UT$8.5M · 0.92%

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Source: U.S. Department of Labor, Form 5500 series, EIN 274239279 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.