Plan Ledger DOL Form 5500 · updated monthly

Lifelong Learner Holdings, LLC401(k)

LIFELONG LEARNER HOLDINGS 401(K) PLAN · GLENDALE, CA · plan year 2023

Reported admin expense ratio · 2023
0.20%

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

Lifelong Learner Holdings, LLC reported $134,216 in plan administrative expenses for 2023: 0.20% of average plan assets, above the peer median. Employer contributions averaged $1,898 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 0.22% to 0.18%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other administrative & support services employers. By assets it is the 1,279th-largest of 9,483 plans among California employers on file, and the 219th of 2,534 in administrative & support services. In 2023, employees put in $2.25 for every $1.00 the employer contributed; active participation has grown from 1,089 to 1,451 since 2022.

Plan summary
Net assets, end of year$73,400,187
Participants with balances933
Active participants1,451
Employer contributions$2,754,117
Employee contributions$6,201,824
Employer contribution per active participant$1,898
Average account balance$78,671
Benefits paid to participants$7,731,031
Plan auditUnmodified (clean) audit opinion
AuditorCLARK SCHAEFER HACKETT AND CO.
Plan history3
Yearassets · accounts · employer contribution
2024$50.8M · 477 accts · $1.4M emplr
2023$73.4M · 933 accts · $2.8M emplr
2022$60.6M · 935 accts · $2.7M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$70,254
Investment management$50,662
Audit (IQPA)$13,300
Total administrative$134,216
The Lifelong Learner Holdings, LLC 401(k) match · 2023
Employer contribution per active participant$1,898
Median for plans this size$3,659
2024$4,036 per active participant
2023$1,898 per active participant
2022$2,443 per active participant

Lifelong Learner Holdings, LLC's 2023 employer contribution ran below the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$70,254
HAUSER · Investment advisory (plan)$40,000
CLARK, SCHAEFER, HACKETT & CO. · Accounting / audit$13,300
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$10,662

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$113,011 · 0.18%
2023$134,216 · 0.20%
2022$142,664 · 0.22%
Same employer
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Asgn Incorporated. CA$74.1M · 0.18%
Asics America Corporation CA$73.6M · 0.27%
Marborg Industries CA$73.2M · 0.09%
Epic Staffing Group, Inc. CA$72.0M · 0.34%
Viking River Cruises, Inc. CA$68.2M · 0.10%
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Source: U.S. Department of Labor, Form 5500 series, EIN 473094712 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.