Plan Ledger DOL Form 5500 · updated monthly

Gradient Learning403(b)

TLP EDUCATION 403(B) PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Gradient Learning reported $1,055 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $12,219 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 0.02% to 0.01%. 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 California (5,550th of 9,483), and 2,146th of 3,091 in educational services. In 2024, the employer put in $1.22 for every $1.00 employees contributed themselves; active participation has shrunk from 93 to 65 since 2022.

Plan summary
Net assets, end of year$9,674,159
Participants with balances120
Active participants65
Employer contributions$794,224
Employee contributions$649,915
Employer contribution per active participant$12,219
Average account balance$80,618
Benefits paid to participants$544,919
Plan auditUnmodified (clean) audit opinion
AuditorWEGNER CPAS LLC
Plan history3
Yearassets · accounts · employer contribution
2024$9.7M · 120 accts · $794K emplr
2023$7.5M · 115 accts · $848K emplr
2022$5.6M · 128 accts · $809K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,055
Total administrative$1,055
Employer contributions to the Gradient Learning plan · 2024
Employer contribution per active participant$12,219
Median for plans this size$1,313
2024$12,219 per active participant
2023$11,781 per active participant
2022$8,704 per active participant

Gradient Learning'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.

Administrative cost history3
2024$1,055 · 0.01%
2023$2,221 · 0.03%
2022$1,032 · 0.02%
Similar plansEducational Services · California
Live Oak School CA$9.8M · 0.00%
Stanbridge University CA$9.6M · 0.89%
Gindi Maimonides Academy CA$9.6M · 0.00%
Marymount High School CA$9.4M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352645251 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.