Plan Ledger DOL Form 5500 · updated monthly

Strategic Education, Inc.401(k)

STRATEGIC EDUCATION, INC. 401(K) PLAN · HERNDON, VA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Strategic Education, Inc. reported $112,401 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,938 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 0.04% to 0.03%. 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 88th-largest of 2,266 plans among Virginia employers on file, and the 135th of 3,091 in educational services. In 2024, employees put in $2.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$416,500,501
Participants with balances5,596
Active participants4,436
Employer contributions$8,596,705
Employee contributions$23,897,033
Employer contribution per active participant$1,938
Average account balance$74,428
Benefits paid to participants$30,404,975
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$416.5M · 5,596 accts · $8.6M emplr
2023$364.3M · 5,399 accts · $8.2M emplr
2022$308.9M · 5,287 accts · $7.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$110,850
Investment management$1,551
Total administrative$112,401
The Strategic Education, Inc. 401(k) match · 2024
Employer contribution per active participant$1,938
Median for plans this size$4,294
2024$1,938 per active participant
2023$2,034 per active participant
2022$1,889 per active participant

Strategic Education, Inc.'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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$111,300

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$112,401 · 0.03%
2023$99,671 · 0.03%
2022$127,978 · 0.04%
Same employer
Similar plansEducational Services · Virginia
University of Richmond VA$685.5M · 0.03%
Graham Holdings Company VA$537.1M · 0.06%
Stride, Inc. VA$257.7M · 0.24%
Cfa Institute VA$240.4M · 0.03%
Roanoke College VA$151.6M · 0.04%
Anthology Inc. VA$145.0M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521975978 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.