Plan Ledger DOL Form 5500 · updated monthly

Learning Network LLC401(k)

LEARNING NETWORK 401(K) PLAN · LAKEWOOD, CO · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Learning Network LLC reported $7,355 in plan administrative expenses for 2024: 0.14% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,690 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 0.21% to 0.14%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Colorado (994th of 1,461), and 9,441st of 11,654 in professional & technical services. In 2024, the employer put in $1.39 for every $1.00 employees contributed themselves; active participation has grown from 217 to 320 since 2022.

Plan summary
Net assets, end of year$5,894,220
Participants with balances438
Active participants320
Employer contributions$860,843
Employee contributions$618,524
Employer contribution per active participant$2,690
Average account balance$13,457
Benefits paid to participants$653,858
Plan auditUnmodified (clean) audit opinion
AuditorSTOCKMAN KAST RYAN & COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$5.9M · 438 accts · $861K emplr
2023$4.4M · 348 accts · $659K emplr
2022$3.1M · 289 accts · $658K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,355
Total administrative$7,355
The Learning Network LLC 401(k) match · 2024
Employer contribution per active participant$2,690
Median for plans this size$1,313
2024$2,690 per active participant
2023$2,634 per active participant
2022$3,031 per active participant

Learning Network LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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
THE BENEFIT PRACTICE · Loan processing$5,525
CAPITAL GROUP RETIREMENT PLAN SERV. · Loan processing$1,830

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

Administrative cost history3
2024$7,355 · 0.14%
2023$6,075 · 0.16%
2022$6,173 · 0.21%
Same employer
Similar plansProfessional & Technical Services · Colorado
Cybergrx, Inc. CO$6.2M · 0.05%
Integrated Research, Inc. CO$6.0M · 0.60%
Toeroek Associates, Inc. CO$6.0M · 0.24%
Project Canary, Inc Pbc CO$5.9M · 0.12%
Aliri USA Inc. CO$5.6M · 1.19%
Forge Nano CO$5.6M · 0.86%
Vorto Operations LLC CO$5.5M · 0.16%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 474798769 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.