Plan Ledger DOL Form 5500 · updated monthly

Savvas Learning Company LLC401(k)

SAVVAS LEARNING COMPANY LLC RETIREMENT PLAN · CHANDLER, AZ · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Savvas Learning Company LLC reported $234,892 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $5,177 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 $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other management of companies employers. By assets it is the 41st-largest of 1,285 plans among Arizona employers on file, and the 100th of 786 in management of companies. In 2024, employees put in $1.76 for every $1.00 the employer contributed; active participation has grown from 1,598 to 1,855 since 2022.

Plan summary
Net assets, end of year$397,133,609
Participants with balances2,113
Active participants1,855
Employer contributions$9,603,523
Employee contributions$16,916,202
Employer contribution per active participant$5,177
Average account balance$187,948
Benefits paid to participants$29,056,533
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$397.1M · 2,113 accts · $9.6M emplr
2023$352.3M · 2,034 accts · $9.2M emplr
2022$297.2M · 1,757 accts · $8.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$149,436
Investment management$84,256
Total administrative$234,892
The Savvas Learning Company LLC 401(k) match · 2024
Employer contribution per active participant$5,177
Median for plans this size$4,294
2024$5,177 per active participant
2023$5,067 per active participant
2022$5,257 per active participant

Savvas Learning Company LLC's 2024 employer contribution ran above the $4,294 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 · 20244
EMPOWER ANNUITY INSURANCE COMPANY O · Recordkeeping · Loan processing$173,626
EMPOWER ADVISORY GROUP, LLC · Investment management · Investment advisory (participants)$83,606
QDRO CONSULTANTS COMPANY, LLC · Consulting$1,200
EMPOWER FINANCIAL SERVICES, INC. · Securities brokerage$650

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

Recordkeeper by year2
2024Empower
2023Empower

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$234,892 · 0.06%
2023$220,276 · 0.07%
2022$217,578 · 0.07%
Same employer
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Viad Corp AZ$263.0M · 0.10%
Yam Management, LLC AZ$58.7M · 0.19%
Transact Campus AZ$45.0M · 0.33%
Cwie Holding Company, Inc. AZ$18.8M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 824606641 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.