Plan Ledger DOL Form 5500 · updated monthly

Learning Pool Inc401(k)

LEARNING POOL INC 401(K) PLAN · WAYNESBORO, VA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Learning Pool Inc reported $3,737 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,492 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 0.17% to 0.08%. 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 Virginia (1,812th of 2,266), and 9,712th of 11,654 in professional & technical services. In 2024, employees put in $2.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,219,529
Participants with balances116
Active participants94
Employer contributions$328,252
Employee contributions$789,980
Employer contribution per active participant$3,492
Average account balance$44,996
Benefits paid to participants$1,311,059
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$5.2M · 116 accts · $328K emplr
2023$4.3M · 122 accts · $377K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,737
Total administrative$3,737
The Learning Pool Inc 401(k) match · 2024
Employer contribution per active participant$3,492
Median for plans this size$1,313
2024$3,492 per active participant
2023$3,768 per active participant

Learning Pool Inc'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 · 20241
ASCENSUS LLC · Loan processing · Recordkeeping$3,737

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history2
2024$3,737 · 0.08%
2023$5,961 · 0.17%
Same employer
Similar plansProfessional & Technical Services · Virginia
Avertest, LLC VA$5.3M · 0.23%
Freealliance.com LLC VA$5.2M · 0.76%
Digitalspec, LLC VA$5.2M · 0.32%
Apogee Solutions, Inc. VA$5.2M · 0.89%
Tekmasters LLC VA$5.2M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383877625 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.