Plan Ledger DOL Form 5500 · updated monthly

Interactive Learning Systems, Inc.401(k)

INTERACTIVE LEARNING SYSTEMS, INC. RETIREMENT SAVINGS PLAN · CHAMBLEE, GA · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Interactive Learning Systems, Inc. reported $6,929 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $740 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 0.77% to 0.12%. 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 Georgia (1,546th of 2,160), and 2,437th of 3,091 in educational services. In 2024, employees put in $1.77 for every $1.00 the employer contributed; active participation has grown from 178 to 200 since 2022.

Plan summary
Net assets, end of year$5,902,215
Participants with balances117
Active participants200
Employer contributions$147,922
Employee contributions$261,864
Employer contribution per active participant$740
Average account balance$50,446
Benefits paid to participants$907,869
Plan auditUnmodified (clean) audit opinion
AuditorFRSCPA, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$5.9M · 117 accts · $148K emplr
2023$5.6M · 124 accts · $159K emplr
2022$4.4M · 119 accts · $156K emplr
The Interactive Learning Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$740
Median for plans this size$1,313
2024$740 per active participant
2023$853 per active participant
2022$875 per active participant

Interactive Learning Systems, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size. 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 · 20241
NATIONWIDE · Recordkeeping · Other services$25,910

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

Recordkeeper by year2
2024Nationwide
2023Nationwide

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Administrative cost history3
2024$6,929 · 0.12%
2023$41,593 · 0.84%
2022$37,294 · 0.77%
Similar plansEducational Services · Georgia
Point University GA$7.0M · 0.59%
Tattnall Square Academy GA$6.7M · 0.24%
Cerifi, LLC GA$6.5M · 0.07%
The Heritage School, Inc. GA$4.9M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581706229 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.