Plan Ledger DOL Form 5500 · updated monthly

Keypath Education, LLC401(k)

KEYPATH EDUCATION, LLC 401(K) PLAN · SCHAUMBURG, IL · plan year 2025

Reported admin expense ratio · 2025
0.37%

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

Keypath Education, LLC reported $100,813 in plan administrative expenses for 2025: 0.37% of average plan assets, above the peer median. Employer contributions averaged $3,560 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 3 years on file its reported administrative ratio fell from 0.59% to 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other educational services employers. By assets it is the 1,300th-largest of 3,702 plans among Illinois employers on file, and the 1,277th of 3,091 in educational services. In 2025, employees put in $1.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$30,588,273
Participants with balances426
Active participants372
Employer contributions$1,324,291
Employee contributions$2,418,377
Employer contribution per active participant$3,560
Average account balance$71,803
Benefits paid to participants$1,637,309
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$30.6M · 426 accts · $1.3M emplr
2024$23.6M · 423 accts · $1.3M emplr
2023$18.0M · 409 accts · $1.3M emplr
2022$13.2M · 405 accts · $1.2M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$35,699
Investment management$65,114
Total administrative$100,813
The Keypath Education, LLC 401(k) match · 2025
Employer contribution per active participant$3,560
Median for plans this size$2,666
2025$3,560 per active participant
2024$3,522 per active participant
2023$3,489 per active participant
2022$3,239 per active participant

Keypath Education, LLC's 2025 employer contribution ran above the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
MESIROW FINANCIAL INVESTMENT MANAGE · Investment advisory (plan)$65,114
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$35,699

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

Administrative cost history4
2025$100,813 · 0.37%
2024$104,462 · 0.50%
2023$97,116 · 0.62%
2022$74,999 · 0.59%
Same employer
Similar plansEducational Services · Illinois
Rockford University IL$37.4M · 0.00%
Trinity Christian College IL$36.0M · 0.31%
Greenville University IL$31.7M · 0.27%
Adler University IL$31.3M · 0.30%
Riverside Assessments, LLC IL$30.5M · 0.20%
Lewis University IL$26.8M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 453990179 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.