Plan Ledger DOL Form 5500 · updated monthly

Learners Edge, LLC401(k)

LEARNERS EDGE, LLC 401(K) PLAN · EAGAN, MN · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Learners Edge, LLC reported $43,731 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $1,717 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 1 year on file its reported administrative ratio fell from 0.45% to 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Minnesota (1,134th of 1,918), and 6,938th of 11,654 in professional & technical services. In 2024, employees put in $1.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,570,341
Participants with balances233
Active participants478
Employer contributions$820,613
Employee contributions$1,634,401
Employer contribution per active participant$1,717
Average account balance$58,242
Benefits paid to participants$675,011
Plan auditDisclaimer of opinion
AuditorRSM US LLP
Plan history2
Yearassets · accounts · employer contribution
2024$13.6M · 233 accts · $821K emplr
2023$10.0M · 225 accts · $880K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,731
Total administrative$43,731
The Learners Edge, LLC 401(k) match · 2024
Employer contribution per active participant$1,717
Median for plans this size$2,416
2024$1,717 per active participant
2023$3,100 per active participant

Learners Edge, LLC's 2024 employer contribution ran below the $2,416 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
BELL BANK · Recordkeeping · Trustee$43,731

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

Recordkeeper by year2
2024BELL BANK
2023BELL BANK

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

Administrative cost history2
2024$43,731 · 0.37%
2023$29,836 · 0.45%
Similar plansProfessional & Technical Services · Minnesota
Gislason & Hunter LLP MN$14.3M · 0.43%
Sambatek, LLC MN$14.0M · 0.54%
Cybertrol Engineering LLC MN$13.8M · 0.29%
Dc Group, Inc. MN$13.7M · 0.57%
Stubbe & Associates, Inc. MN$13.5M · 0.43%
Novus Media LLC MN$13.3M · 0.56%
Columbus US, Inc. MN$12.7M · 0.35%
SPACE150 MN$12.4M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731629646 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.