Plan Ledger DOL Form 5500 · updated monthly

Learning Solutions Kids Inc401(k)

LEARNING SOLUTIONS KIDS INC 401(K) PLAN · SACRAMENTO, CA · plan year 2022

Reported admin expense ratio · 2022
0.17%

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

Learning Solutions Kids Inc reported $4,411 in plan administrative expenses for 2022: 0.17% of average plan assets, below the peer median. Employer contributions averaged $741 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 fell from 0.25% to 0.17%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in California (8,089th of 9,483), and 2,799th of 3,091 in educational services. In 2022, employees put in $2.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,484,908
Participants with balances43
Active participants93
Employer contributions$68,950
Employee contributions$184,363
Employer contribution per active participant$741
Average account balance$57,789
Benefits paid to participants$54,088
Plan auditUnmodified (clean) audit opinion
AuditorMICHAEL SHIMIZU, CPA
Plan history2
Yearassets · accounts · employer contribution
2022$2.5M · 43 accts · $69K emplr
2019$1.8M · 32 accts · $55K emplr
Administrative expenses, itemized · 2022
Professional / advisory$4,411
Total administrative$4,411
The Learning Solutions Kids Inc 401(k) match · 2022
Employer contribution per active participant$741
Median for plans this size$1,114
2022$741 per active participant
2019$437 per active participant

Learning Solutions Kids Inc's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2022$4,411 · 0.17%
2019$3,878 · 0.25%
Similar plansEducational Services · California
Western Christian Schools CA$2.6M · 0.01%
Inclusion Services LLC CA$2.5M · 0.29%
Ace Charter School CA$2.2M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208561610 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.