Plan Ledger DOL Form 5500 · updated monthly

Imagine Learning LLC401(k)

IMAGINE LEARNING LLC 401(K) PLAN · TEMPE, AZ · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Imagine Learning LLC reported $393,391 in plan administrative expenses for 2024: 0.31% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,791 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 fell from 0.33% to 0.31%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other educational services employers. By assets it is the 98th-largest of 1,285 plans among Arizona employers on file, and the 390th of 3,091 in educational services. In 2024, employees put in $3.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$138,388,978
Participants with balances3,279
Active participants2,726
Employer contributions$4,881,596
Employee contributions$14,736,176
Employer contribution per active participant$1,791
Average account balance$42,205
Benefits paid to participants$15,859,027
Plan auditUnmodified (clean) audit opinion
AuditorFORVIS LLP
Plan history2
Yearassets · accounts · employer contribution
2024$138.4M · 3,279 accts · $4.9M emplr
2023$116.1M · 3,165 accts · $4.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$393,391
Total administrative$393,391
The Imagine Learning LLC 401(k) match · 2024
Employer contribution per active participant$1,791
Median for plans this size$3,635
2024$1,791 per active participant
2023$1,747 per active participant

Imagine Learning LLC's 2024 employer contribution ran below the $3,635 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$393,391
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)indirect comp

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

Administrative cost history2
2024$393,391 · 0.31%
2023$342,222 · 0.33%
Same employer
Similar plansEducational Services · Arizona
Pima Medical Institute AZ$190.1M · 0.07%
Grand Canyon University AZ$158.3M · 0.31%
Imagine Learning LLC AZ$89.5M · 0.31%
Sdi Education, Inc. AZ$65.8M · 0.00%
Zovio, Inc AZ$58.3M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 451565841 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.