Plan Ledger DOL Form 5500 · updated monthly

Plato Elearning LLC401(k)

ELB 401(K) PLAN · AMERICAN FORK, UT · plan year 2024

Reported admin expense ratio · 2024
0.77%

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

Plato Elearning LLC reported $34,216 in plan administrative expenses for 2024: 0.77% of average plan assets, above the peer median. Employer contributions averaged -$1 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 1 year on file its reported administrative ratio rose from 0.66% to 0.77%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Utah (631st of 848), and 1,929th of 2,199 in information & media.

Plan summary
Net assets, end of year$4,535,246
Participants with balances126
Active participants100
Employer contributions-$100
Employee contributions$631,990
Employer contribution per active participant-$1
Average account balance$35,994
Benefits paid to participants$1,525,242
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$4.5M · 126 accts
2023$4.4M · 139 accts · $297K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,509
Investment management$12,798
Total administrative$34,216
The Plato Elearning LLC 401(k) match · 2024
Employer contribution per active participant-$1
Median for plans this size$1,313

Plato Elearning LLC's 2024 employer contribution ran below the $1,313 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 · 20244
RBC CAPITAL MARKETS LLC · Investment advisory (plan)$11,355
EMPOWER ADVISORY GROUP, LLC · Investment management$1,443
LEAFHOUSE FINANCIAL ADVISORS, LLC$909

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2024$34,216 · 0.77%
2023$24,488 · 0.66%
Similar plansInformation & Media · Utah
Brainstorm, Inc. UT$6.0M · 0.73%
Spiff, Inc. UT$5.5M · 0.00%
Sales Rabbit, Inc. UT$5.1M · 0.49%
Telecon Design (USA) Inc. UT$4.2M · 1.11%
Nursa, Inc. UT$4.1M · 0.75%
Tcn, Inc. UT$3.8M · 0.57%
Americom Technology, LLC UT$3.6M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 850594039 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.