Plan Ledger DOL Form 5500 · updated monthly

Archer Education, Inc.401(k)

ARCHER EDUCATION, INC. 401(K) PLAN · OVERLAND PARK, KS · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Archer Education, Inc. reported $77,428 in plan administrative expenses for 2024: 0.57% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,602 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 0.57%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 383rd-largest of 828 plans among Kansas employers on file, and 1,225th of 2,199 in information & media. In 2024, employees put in $2.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,944,949
Participants with balances196
Active participants170
Employer contributions$612,402
Employee contributions$1,358,732
Employer contribution per active participant$3,602
Average account balance$76,250
Benefits paid to participants$1,128,128
Plan auditUnmodified (clean) audit opinion
AuditorVIRCHOW KRAUSE & COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$14.9M · 196 accts · $612K emplr
2023$12.2M · 168 accts · $597K emplr
2022$8.4M · 173 accts · $589K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,712
Investment management$31,716
Total administrative$77,428
The Archer Education, Inc. 401(k) match · 2024
Employer contribution per active participant$3,602
Median for plans this size$2,416
2024$3,602 per active participant
2023$4,293 per active participant
2022$3,615 per active participant

Archer Education, Inc.'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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$45,712
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$25,655
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$6,061

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$77,428 · 0.57%
2023$57,855 · 0.56%
2022$46,493 · 0.56%
Same employer
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Intouch Group, LLC. KS$104.6M · 0.28%
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Quest Analytics, LLC KS$23.1M · 0.31%
Eagle Communications KS$14.4M · 0.41%
Isg Technology, LLC KS$13.3M · 0.33%
Uhlig LLC KS$11.7M · 0.67%
Nex-Tech Wireless. L.L.C. KS$10.3M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205443842 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.