Plan Ledger DOL Form 5500 · updated monthly

Ascend Learning LLC401(k)

ASCEND LEARNING LLC 401(K) PLAN · LEAWOOD, KS · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Ascend Learning LLC reported $192,664 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $2,771 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 fell from 0.17% to 0.11%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other information & media employers. By assets it is the 41st-largest of 828 plans among Kansas employers on file, and the 199th of 2,199 in information & media. In 2024, employees put in $3.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$183,904,713
Participants with balances2,124
Active participants1,669
Employer contributions$4,624,835
Employee contributions$14,887,866
Employer contribution per active participant$2,771
Average account balance$86,584
Benefits paid to participants$16,972,173
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$183.9M · 2,124 accts · $4.6M emplr
2023$155.8M · 2,040 accts · $4.7M emplr
2022$119.2M · 2,051 accts · $4.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$80,347
Investment management$67,317
Total administrative$192,664
The Ascend Learning LLC 401(k) match · 2024
Employer contribution per active participant$2,771
Median for plans this size$3,635
2024$2,771 per active participant
2023$3,056 per active participant
2022$2,826 per active participant

Ascend Learning LLC's 2024 employer contribution ran below the $3,635 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$80,347
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$67,317
GALLAGHER BENEFIT SERVIECS, INC. · Consulting$45,000

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$192,664 · 0.11%
2023$173,962 · 0.13%
2022$218,556 · 0.17%
Same employer
Similar plansInformation & Media · Kansas
American Multi-Cinema, Inc. KS$260.3M · 0.17%
A. M. Best Company NJ$187.2M · 0.02%
W. W. Norton & Company, Inc. NY$187.1M · 0.02%
Regal Cinemas, Inc. TN$182.7M · 0.12%
Idt Corporation NJ$182.3M · 0.29%
Weather Group LLC GA$181.6M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262602465 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.