Plan Ledger DOL Form 5500 · updated monthly

Educational Services, LLC401(k)

EDUCATIONAL SERVICES, LLC 401(K) SAVINGS PLAN · SCOTTSDALE, AZ · plan year 2023

Reported admin expense ratio · 2023
1.03%

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

Educational Services, LLC reported $37,703 in plan administrative expenses for 2023: 1.03% of average plan assets, higher than ~75% of peers. Employer contributions averaged $11 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 1 year on file its reported administrative ratio rose from 0.91% to 1.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Arizona (903rd of 1,285), and 1,588th of 2,534 in administrative & support services. In 2023, employees put in $20.03 for every $1.00 the employer contributed; active participation has grown from 3,668 to 5,219 since 2022.

Plan summary
Net assets, end of year$3,994,721
Participants with balances248
Active participants5,219
Employer contributions$57,550
Employee contributions$1,152,740
Employer contribution per active participant$11
Average account balance$16,108
Benefits paid to participants$966,344
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$4.0M · 248 accts · $58K emplr
2022$3.3M · 223 accts · $69K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$37,703
Total administrative$37,703
The Educational Services, LLC 401(k) match · 2023
Employer contribution per active participant$11
Median for plans this size$1,308
2023$11 per active participant
2022$19 per active participant

Educational Services, LLC's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
SLAVIC INTEGRATED ADMINISTRATION · Recordkeeping · Loan processing$28,272
SLAVIC MUTUAL FUND MANAGEMENT CORP · Investment management$5,294

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

Administrative cost history3
2024Not separately reported
2023$37,703 · 1.03%
2022$31,031 · 0.91%
Similar plansAdministrative & Support Services · Arizona
Intouchcx US, Inc. AZ$5.8M · 1.03%
Zoe Holding Company, Inc. AZ$4.7M · 1.30%
Springboard, Inc. AZ$4.2M · 2.72%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 860950510 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.