Plan Ledger DOL Form 5500 · updated monthly

Learn & Play Inc.403(b)

PLAY & LEARN CENTERS 403B PLAN · FT WASHINGTON, PA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Learn & Play Inc. reported $452 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $342 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 0.007% to 0.006%. 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 Pennsylvania (2,509th of 3,651), and 2,251st of 3,091 in educational services. In 2024, employees put in $3.19 for every $1.00 the employer contributed; active participation has shrunk from 276 to 239 since 2022.

Plan summary
Net assets, end of year$8,096,685
Participants with balances128
Active participants239
Employer contributions$81,832
Employee contributions$260,969
Employer contribution per active participant$342
Average account balance$63,255
Benefits paid to participants$612,804
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.1M · 128 accts · $82K emplr
2023$7.4M · 131 accts · $82K emplr
2022$5.8M · 138 accts · $79K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$452
Total administrative$452
Employer contributions to the Learn & Play Inc. plan · 2024
Employer contribution per active participant$342
Median for plans this size$1,313
2024$342 per active participant
2023$340 per active participant
2022$285 per active participant

Learn & Play Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$827

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$452 · 0.01%
2023$492 · 0.01%
2022$369 · 0.01%
Same employer
Similar plansEducational Services · Pennsylvania
Cgfns International, Inc. PA$8.8M · 0.00%
Springboard Collaborative PA$8.6M · 0.08%
Dalach LLC PA$7.9M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232192153 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.