Plan Ledger DOL Form 5500 · updated monthly

Lincoln Learning Solutions401(k)

LINCOLN LEARNING SOLUTIONS 401(K) PLAN · ALIQUIPPA, PA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Lincoln Learning Solutions reported $9,755 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,827 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 0.13% to 0.03%. 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 1,146th-largest of 3,651 plans among Pennsylvania employers on file, and the 1,267th of 3,091 in educational services. In 2024, employees put in $1.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$31,102,142
Participants with balances330
Active participants265
Employer contributions$749,234
Employee contributions$1,381,182
Employer contribution per active participant$2,827
Average account balance$94,249
Benefits paid to participants$2,777,637
Plan auditUnmodified (clean) audit opinion
AuditorCONNOLLY STEELE & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$31.1M · 330 accts · $749K emplr
2023$27.9M · 330 accts · $722K emplr
2022$22.7M · 322 accts · $703K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,755
Total administrative$9,755
The Lincoln Learning Solutions 401(k) match · 2024
Employer contribution per active participant$2,827
Median for plans this size$2,416
2024$2,827 per active participant
2023$2,723 per active participant
2022$2,802 per active participant

Lincoln Learning Solutions's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$9,755
AMERIPRISE FINANCIAL SERVICES INC · Investment advisory (plan)indirect comp

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$9,755 · 0.03%
2023$24,751 · 0.10%
2022$31,403 · 0.13%
Same employer
Similar plansEducational Services · Pennsylvania
Wilson College PA$34.4M · 0.19%
Keystone College PA$33.7M · 0.12%
Chestnut Hill College PA$31.5M · 0.06%
Winchester Thurston School PA$29.3M · 0.31%
Malvern Preparatory School PA$28.8M · 0.16%
The Ellis School PA$28.2M · 0.06%
Cora Services, Inc. PA$27.1M · 0.24%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 260125828 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.