Plan Ledger DOL Form 5500 · updated monthly

Cadence Education LLC401(k)

CADENCE EDUCATION LLC 401(K) SAVINGS PLAN · SCOTTSDALE, AZ · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Cadence Education LLC reported $91,862 in plan administrative expenses for 2024: 0.50% of average plan assets, higher than ~75% of peers. Employer contributions averaged $118 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 0.29% to 0.50%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 357th-largest of 1,285 plans among Arizona employers on file, and the 3,566th of 11,911 in health care & social assistance. In 2024, employees put in $2.96 for every $1.00 the employer contributed; active participation has grown from 6,735 to 8,416 since 2022.

Plan summary
Net assets, end of year$20,919,441
Participants with balances1,227
Active participants8,416
Employer contributions$991,933
Employee contributions$2,935,731
Employer contribution per active participant$118
Average account balance$17,049
Benefits paid to participants$2,027,764
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.9M · 1,227 accts · $992K emplr
2023$15.7M · 895 accts · $349K emplr
2022$11.7M · 743 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$71,400
Investment management$20,462
Total administrative$91,862
The Cadence Education LLC 401(k) match · 2024
Employer contribution per active participant$118
Median for plans this size$2,416
2024$118 per active participant
2023$47 per active participant

Cadence Education LLC'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 · 20243
CREATIVE PLANNING HOLDCO LLC DBA CR · Investment advisory (plan)$25,000
EMPOWER ADVISORY GROUP, LLC · Investment management$5,986

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$91,862 · 0.50%
2023$74,973 · 0.55%
2022$37,135 · 0.29%
Same employer
Similar plansHealth Care & Social Assistance · Arizona
La Frontera Center, Inc. AZ$21.0M · 0.78%
Accumen Inc. AZ$20.4M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860793666 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.