Plan Ledger DOL Form 5500 · updated monthly

Perdoceo Education Corporation401(k)

PERDOCEO EDUCATION CORPORATION 401(K) PLAN · SCHAUMBURG, IL · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Perdoceo Education Corporation reported $499,058 in plan administrative expenses for 2024: 0.20% of average plan assets, higher than ~75% of peers. Employer contributions averaged $879 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 0.18% to 0.20%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other educational services employers. By assets it is the 262nd-largest of 3,702 plans among Illinois employers on file, and the 213th of 3,091 in educational services. In 2024, employees put in $4.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$263,156,824
Participants with balances5,412
Active participants3,710
Employer contributions$3,262,306
Employee contributions$13,108,929
Employer contribution per active participant$879
Average account balance$48,625
Benefits paid to participants$24,125,062
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$263.2M · 5,412 accts · $3.3M emplr
2023$242.4M · 5,562 accts · $3.6M emplr
2022$208.4M · 5,635 accts · $3.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$499,058
Total administrative$499,058
The Perdoceo Education Corporation 401(k) match · 2024
Employer contribution per active participant$879
Median for plans this size$4,294
2024$879 per active participant
2023$925 per active participant
2022$747 per active participant

Perdoceo Education Corporation's 2024 employer contribution ran below the $4,294 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 · 20241

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$499,058 · 0.20%
2023$397,546 · 0.18%
2022$407,738 · 0.18%
Same employer
Similar plansEducational Services · Illinois
Midwestern University IL$507.7M · 0.03%
Bradley University IL$365.7M · 0.06%
Wheaton College IL$260.1M · 0.03%
Columbia College Chicago IL$233.0M · 0.06%
Devry University, Inc. IL$219.4M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363932190 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.