Plan Ledger DOL Form 5500 · updated monthly

Summit K12 Holdings, Inc401(k)

SUMMIT K12 HOLDINGS, INC 401(K) PLAN · AUSTIN, TX · plan year 2024

Reported admin expense ratio · 2024
0.22%

Summit K12 Holdings, Inc reported $2,367 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Texas (5,135th of 5,688), and 2,928th of 3,091 in educational services.

Plan summary
Net assets, end of year$1,383,082
Participants with balances114
Active participants0
Employer contributions$0
Employee contributions$601,578
Employer contribution per active participant—
Average account balance$12,132
Benefits paid to participants$150,937
Plan auditUnmodified (clean) audit opinion
AuditorRUSSON + JOHNSTON LLP
Plan history2
Yearassets · accounts · employer contribution
2025$0
2024$1.4M · 114 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,535
Investment management$832
Total administrative$2,367
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.

Administrative cost history2
2025Not separately reported
2024$2,367 · 0.22%
Similar plansEducational Services · Texas
University Co-Operative TX$2.0M · 0.77%
Alliance Strategies, Inc. TX$1.8M · 0.59%
Asi Gymnastics Management TX$1.2M · 0.38%
Clayton Child Care, Inc. TX$1.2M · 1.18%
Akiba Yavneh Academy TX$1.2M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472584101 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.