Plan Ledger DOL Form 5500 · updated monthly

Scholastic Corporation401(k)

SCHOLASTIC CORPORATION 401(K) SAVINGS AND RETIREMENT PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Scholastic Corporation reported $420,419 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $1,559 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 0.09% to 0.07%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other information & media employers. By assets it is the 188th-largest of 5,648 plans among New York employers on file, and the 88th of 2,199 in information & media. In 2024, employees put in $3.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$626,614,407
Participants with balances6,699
Active participants5,007
Employer contributions$7,804,644
Employee contributions$26,882,574
Employer contribution per active participant$1,559
Average account balance$93,538
Benefits paid to participants$57,028,403
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$626.6M · 6,699 accts · $7.8M emplr
2023$568.6M · 7,001 accts · $8.1M emplr
2022$496.8M · 7,431 accts · $7.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$351,193
Investment management$69,226
Total administrative$420,419
The Scholastic Corporation 401(k) match · 2024
Employer contribution per active participant$1,559
Median for plans this size$4,294
2024$1,559 per active participant
2023$1,621 per active participant
2022$1,405 per active participant

Scholastic 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$351,193
CAPFINANCIAL PARTNERS, LLC. · Investment advisory (plan)$69,226

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$420,419 · 0.07%
2023$420,728 · 0.08%
2022$492,063 · 0.09%
Similar plansInformation & Media · New York
Sirius Xm Radio Inc. NY$1.0B · 0.05%
Associated Press NY$881.1M · 0.06%
Informa USA, Inc. NY$763.3M · 0.09%
Macmillan Holdings, LLC NY$592.5M · 0.04%
Verint Systems Inc. NY$415.4M · 0.03%
A&E Television Networks, LLC NY$399.2M · 0.01%
Nbcuniversal, LLC NY$397.5M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133385513 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.