Plan Ledger DOL Form 5500 · updated monthly

Penton Learning Systems, L.L.C.401(k)

PENTON LEARNING SYSTEMS, L.L.C. 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Penton Learning Systems, L.L.C. reported $19,645 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,651 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 0.07% to 0.06%. 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 1,768th-largest of 5,648 plans among New York employers on file, and the 1,174th of 3,091 in educational services. In 2024, employees put in $4.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,663,366
Participants with balances300
Active participants271
Employer contributions$447,358
Employee contributions$2,012,117
Employer contribution per active participant$1,651
Average account balance$115,545
Benefits paid to participants$1,275,023
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$34.7M · 300 accts · $447K emplr
2023$29.1M · 294 accts · $448K emplr
2022$23.1M · 282 accts · $370K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,795
Audit (IQPA)$17,850
Total administrative$19,645
The Penton Learning Systems, L.L.C. 401(k) match · 2024
Employer contribution per active participant$1,651
Median for plans this size$2,416
2024$1,651 per active participant
2023$1,751 per active participant
2022$1,430 per active participant

Penton Learning Systems, L.L.C.'s 2024 employer contribution ran below 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
CBIZ CPAS PC · Accounting / audit$17,850
JPMORGAN INVEST HOLDINGS LLC$1,795

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$19,645 · 0.06%
2023$18,385 · 0.07%
2022$17,945 · 0.07%
Same employer
Similar plansEducational Services · New York
Hilbert College NY$36.0M · 0.14%
The Harley School NY$35.6M · 0.06%
Tpr Education, LLC NY$35.0M · 0.39%
Rippowam Cisqua School NY$34.5M · 0.19%
North Shore Hebrew Academy NY$34.4M · 0.11%
Trinity-Pawling School NY$33.7M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133839754 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.