Plan Ledger DOL Form 5500 · updated monthly

Engage! Learning, LLC401(k)

ENGAGE! LEARNING, LLC 401(K) PLAN · AUSTIN, TX · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Engage! Learning, LLC reported $21,118 in plan administrative expenses for 2024: 0.42% of average plan assets, below the peer median. Employer contributions averaged $8,646 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.

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 Texas (3,898th of 5,688), and 2,463rd of 3,091 in educational services. In 2024, the employer put in $1.32 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$5,646,538
Participants with balances119
Active participants62
Employer contributions$536,057
Employee contributions$406,154
Employer contribution per active participant$8,646
Average account balance$47,450
Benefits paid to participants$437,973
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,895
Investment management$18,223
Total administrative$21,118
The Engage! Learning, LLC 401(k) match · 2024
Employer contribution per active participant$8,646
Median for plans this size$1,313

Engage! Learning, 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 · 20242
THE VANGUARD GROUP, INC. · Recordkeeping$2,895
WEALTH ADVISORY GROUP INC · Investment advisory (plan)$18,223

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

Administrative cost history1
2024$21,118 · 0.42%
Same employer
Similar plansEducational Services · Texas
Kalkomey Enterprises, LLC TX$6.4M · 0.46%
Coram Deo Academy, Inc. TX$5.6M · 0.35%
Sci Acquisition Co., Inc. TX$5.3M · 1.40%
Progress Learning, LLC TX$5.2M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454211320 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.