Plan Ledger DOL Form 5500 · updated monthly

Learning Ally, Inc.401(k)

LEARNING ALLY 401(K) PLAN · PRINCETON, NJ · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Learning Ally, Inc. reported $58,854 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $921 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 has held roughly steady near 0.53%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in New Jersey (1,437th of 2,419), and 1,999th of 3,091 in educational services. In 2024, employees put in $10.86 for every $1.00 the employer contributed; active participation has shrunk from 133 to 89 since 2022.

Plan summary
Net assets, end of year$11,440,948
Participants with balances158
Active participants89
Employer contributions$81,974
Employee contributions$890,198
Employer contribution per active participant$921
Average account balance$72,411
Benefits paid to participants$1,762,590
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.4M · 158 accts · $82K emplr
2023$10.8M · 173 accts · $190K emplr
2022$10.7M · 193 accts · $82K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,351
Investment management$27,503
Total administrative$58,854
The Learning Ally, Inc. 401(k) match · 2024
Employer contribution per active participant$921
Median for plans this size$2,416
2024$921 per active participant
2023$1,895 per active participant
2022$614 per active participant

Learning Ally, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
ADP, INC. · Loan processing · Recordkeeping$31,400
EQUITY SERVICES INC · Recordkeeping · Trustee$27,453

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

Recordkeeper by year2
2024ADP, EQUITY SERVICES INC
2023ADP, EQUITY SERVICES INC

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

Administrative cost history3
2024$58,854 · 0.53%
2023$58,515 · 0.54%
2022$55,139 · 0.55%
Similar plansEducational Services · New Jersey
North Jersey Elks NJ$12.9M · 0.51%
Stevens Cooperative School NJ$10.7M · 0.00%
Allegro School Inc. NJ$9.9M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131659345 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.