Plan Ledger DOL Form 5500 · updated monthly

Learning Technologies Group, Inc.401(k)

PEOPLEFLUENT, INC. 401(K) PLAN · RALEIGH, NC · plan year 2023

Reported admin expense ratio · 2023
0.01%

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

Learning Technologies Group, Inc. reported $6,181 in plan administrative expenses for 2023: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,847 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 0.02% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 365th-largest of 2,005 plans among North Carolina employers on file, and the 2,667th of 11,654 in professional & technical services. In 2023, employees put in $4.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$52,300,210
Participants with balances656
Active participants339
Employer contributions$626,078
Employee contributions$3,045,943
Employer contribution per active participant$1,847
Average account balance$79,726
Benefits paid to participants$4,803,077
Plan auditUnmodified (clean) audit opinion
AuditorROMEO, WIGGINS & COMPANY, LLP
Plan history2
Yearassets · accounts · employer contribution
2023$52.3M · 656 accts · $626K emplr
2022$45.2M · 709 accts · $615K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$6,181
Total administrative$6,181
The Learning Technologies Group, Inc. 401(k) match · 2023
Employer contribution per active participant$1,847
Median for plans this size$2,440
2023$1,847 per active participant
2022$1,508 per active participant

Learning Technologies Group, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
ADP, INC. · Loan processing · Recordkeeping$6,180
ADP BROKER-DEALERindirect comp

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

Administrative cost history2
2023$6,181 · 0.01%
2022$11,021 · 0.02%
All plans at this employer2
PEOPLEFLUENT, INC. 401(K) PLAN401(k)
LEARNING TECHNOLOGIES GROUP, INC. ENHANCED MATCH 401(K) PLAN401(k)
Same employer
Similar plansProfessional & Technical Services · North Carolina
Digital Turbine Inc. NC$55.4M · 0.23%
Market America, Inc. NC$52.8M · 0.09%
Johnson Lambert LLP NC$50.1M · 0.05%
Phreesia, Inc. NC$49.9M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 562165109 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.