Plan Ledger DOL Form 5500 · updated monthly

Powerschool Group LLC401(k)

POWERSCHOOL GROUP LLC 401(K) PLAN · FOLSOM, CA · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Powerschool Group LLC reported $244,240 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $4,653 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 3 years on file its reported administrative ratio has held roughly steady near 0.120%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 529th-largest of 9,483 plans among California employers on file, and the 729th of 11,654 in professional & technical services. In 2024, employees put in $2.52 for every $1.00 the employer contributed; active participation has shrunk from 2,171 to 1,627 since 2022.

Plan summary
Net assets, end of year$222,485,584
Participants with balances2,567
Active participants1,627
Employer contributions$7,570,019
Employee contributions$19,083,296
Employer contribution per active participant$4,653
Average account balance$86,671
Benefits paid to participants$24,627,196
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$222.5M · 2,567 accts · $7.6M emplr
2023$185.4M · 2,664 accts · $7.7M emplr
2022$141.1M · 2,608 accts · $7.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$244,240
Total administrative$244,240
The Powerschool Group LLC 401(k) match · 2024
Employer contribution per active participant$4,653
Median for plans this size$3,635
2024$4,653 per active participant
2023$4,090 per active participant
2022$3,348 per active participant

Powerschool Group LLC's 2024 employer contribution ran above the $3,635 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$244,345

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$244,240 · 0.12%
2023$178,972 · 0.11%
2022$180,908 · 0.12%
Same employer
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Real Chemistry, Inc. CA$223.3M · 0.11%
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Source: U.S. Department of Labor, Form 5500 series, EIN 474429364 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.