Plan Ledger DOL Form 5500 · updated monthly

Leona Arizona Employment Group, Inc401(k)

LAEG 401(K) PLAN · PHOENIX, AZ · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Leona Arizona Employment Group, Inc reported $98,842 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $1,269 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 rose from 0.06% to 0.39%. 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 the 299th-largest of 1,285 plans among Arizona employers on file, and the 1,364th of 3,091 in educational services. In 2024, employees put in $1.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,085,020
Participants with balances424
Active participants730
Employer contributions$926,732
Employee contributions$1,274,331
Employer contribution per active participant$1,269
Average account balance$63,880
Benefits paid to participants$1,812,951
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$27.1M · 424 accts · $927K emplr
2023$23.7M · 461 accts · $852K emplr
2022$19.8M · 423 accts · $291K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,997
Investment management$37,045
Audit (IQPA)$20,800
Total administrative$98,842
The Leona Arizona Employment Group, Inc 401(k) match · 2024
Employer contribution per active participant$1,269
Median for plans this size$2,416
2024$1,269 per active participant
2023$1,097 per active participant
2022$392 per active participant

Leona Arizona Employment Group, 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 · 20244
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$40,997
SAGEVIEW ADVISORY GROUP LLC · Investment advisory (plan)$37,045
BAKER TILLY US LLP · Accounting / audit$20,800
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$98,842 · 0.39%
2023$58,984 · 0.27%
2022$12,773 · 0.06%
Same employer
Similar plansEducational Services · Arizona
Great Hearts Academies AZ$50.1M · 0.43%
Phoenix Country Day School AZ$47.7M · 0.10%
Charter One, LLC AZ$33.2M · 1.10%
Legacy Traditional Schools AZ$32.5M · 0.28%
Eduvision, Inc. AZ$17.2M · 1.08%
Parchment LLC AZ$15.6M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 861011928 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.