Plan Ledger DOL Form 5500 · updated monthly

Laurens Institute for Education401(k)

LAUREN'S INSTITUTE FOR EDUCATION, INC. 401(K) PLAN · GILBERT, AZ · plan year 2022

Reported admin expense ratio · 2022
0.41%

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

Laurens Institute for Education reported $7,509 in plan administrative expenses for 2022: 0.41% of average plan assets, below the peer median. Employer contributions averaged $365 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Arizona (1,080th of 1,285), and 2,911th of 3,341 in other services. In 2022, employees put in $3.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,780,663
Participants with balances68
Active participants161
Employer contributions$58,688
Employee contributions$202,723
Employer contribution per active participant$365
Average account balance$26,186
Benefits paid to participants$66,756
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$700
Investment management$6,809
Total administrative$7,509
The Laurens Institute for Education 401(k) match · 2022
Employer contribution per active participant$365
Median for plans this size$1,114

Laurens Institute for Education's 2022 employer contribution ran below the $1,114 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 history1
2022$7,509 · 0.41%
Same employer
Similar plansOther Services · Arizona
Denali Midco 2 LLC AZ$2.7M · 6.51%
Lee Hill Investments LLC AZ$2.0M · 0.54%
Gcaz Services, Inc. AZ$1.8M · 0.62%
Aallgroup Southwest AZ$1.1M · 1.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205959213 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.