Plan Ledger DOL Form 5500 · updated monthly

Kindercare Education LLC401(k)

KINDERCARE EDUCATION SAVINGS AND INVESTMENT PLAN · LAKE OSWEGO, OR · plan year 2022

Reported admin expense ratio · 2022
0.45%

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

Kindercare Education LLC reported $972,798 in plan administrative expenses for 2022: 0.45% of average plan assets, higher than ~90% of peers. Employer contributions averaged $125 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.

The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other educational services employers. By assets it is the 59th-largest of 1,021 plans among Oregon employers on file, and the 279th of 3,091 in educational services. In 2022, employees put in $4.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$199,561,881
Participants with balances9,744
Active participants35,171
Employer contributions$4,390,624
Employee contributions$17,867,719
Employer contribution per active participant$125
Average account balance$20,480
Benefits paid to participants$17,225,874
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $4.8M emplr
2022$199.6M · 9,744 accts · $4.4M emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$127,003
Investment management$79,321
Professional / advisory$300
Total administrative$972,798
The Kindercare Education LLC 401(k) match · 2022
Employer contribution per active participant$125
Median for plans this size$3,449

Kindercare Education LLC's 2022 employer contribution ran below the $3,449 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$972,798 · 0.45%
Same employer
Similar plansEducational Services · Oregon
University of Portland OR$280.0M · 0.05%
The Reed College OR$254.9M · 0.10%
Pacific University OR$243.3M · 0.11%
Willamette University OR$211.9M · 0.05%
Nwea OR$156.7M · 0.08%
Linfield University OR$135.3M · 0.10%
Education Northwest OR$70.5M · 0.13%
Oregon Episcopal School OR$60.8M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061097006 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.