Plan Ledger DOL Form 5500 · updated monthly

Mile High Montessori Early Learning Centers401(k)

MILE HIGH EARLY LEARNING 401(K) PLAN · DENVER, CO · plan year 2024

Reported admin expense ratio · 2024
0.88%

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

Mile High Montessori Early Learning Centers reported $36,174 in plan administrative expenses for 2024: 0.88% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,228 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 0.58% to 0.88%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Colorado (1,089th of 1,461), and 8,215th of 11,911 in health care & social assistance. In 2024, employees put in $1.33 for every $1.00 the employer contributed; active participation has grown from 138 to 167 since 2022.

Plan summary
Net assets, end of year$4,502,716
Participants with balances215
Active participants167
Employer contributions$371,997
Employee contributions$495,717
Employer contribution per active participant$2,228
Average account balance$20,943
Benefits paid to participants$548,904
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.5M · 215 accts · $372K emplr
2023$3.7M · 189 accts · $206K emplr
2022$3.0M · 178 accts · $167K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,510
Investment management$10,664
Total administrative$36,174
The Mile High Montessori Early Learning Centers 401(k) match · 2024
Employer contribution per active participant$2,228
Median for plans this size$1,313
2024$2,228 per active participant
2023$1,357 per active participant
2022$1,208 per active participant

Mile High Montessori Early Learning Centers's 2024 employer contribution ran above the $1,313 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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$25,510
GALLAGHER FIDUCIARY ADVISORS, LLC · Investment advisory (plan)$10,664

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$36,174 · 0.88%
2023$28,894 · 0.87%
2022$18,243 · 0.58%
Same employer
Similar plansHealth Care & Social Assistance · Colorado
The Academy Group, L.P. CO$4.8M · 0.51%
Optimal Home Care, Inc. CO$4.3M · 0.90%
Bayaud Enterprises, Inc. CO$4.1M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 840617972 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.