Plan Ledger DOL Form 5500 · updated monthly

Galileo Learning, LLC401(k)

GALILEO LEARNING, LLC 401(K) PROFIT SHARING PLAN & TRUST · SAN FRANCISCO, CA · plan year 2022

Reported admin expense ratio · 2022
0.48%

Galileo Learning, LLC reported $18,849 in plan administrative expenses for 2022: 0.48% of average plan assets, above the peer median. 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 0.48% to 0.62%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in California (7,628th of 9,483), and 2,670th of 3,091 in educational services.

Plan summary
Net assets, end of year$3,448,430
Participants with balances106
Active participants31
Employer contributions—
Employee contributions$197,548
Employer contribution per active participant—
Average account balance$32,532
Benefits paid to participants$331,837
Plan auditUnmodified (clean) audit opinion
AuditorREDWITZ,INC.
Plan history2
Yearassets · accounts · employer contribution
2023$2.4M · 62 accts
2022$3.4M · 106 accts
Administrative expenses, itemized · 2022
Investment management$13,795
Total administrative$18,849
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$18,183 · 0.62%
2022$18,849 · 0.48%
Similar plansEducational Services · California
Bloomtech CA$3.7M · 0.20%
Asher College CA$3.6M · 0.15%
Magoosh CA$3.4M · 0.14%
Booknook, Inc. CA$3.3M · 0.46%
Morgan Autism Center CA$3.1M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710869453 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.