Plan Ledger DOL Form 5500 · updated monthly

Transitional Learning Center401(k)

TRANSITIONAL LEARNING CENTER 401(K) PLAN · HOUSTON, TX · plan year 2023

Reported admin expense ratio · 2023
0.20%

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

Transitional Learning Center reported $9,284 in plan administrative expenses for 2023: 0.20% of average plan assets, below the peer median. Employer contributions averaged $1,386 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 rose from 0.25% to 0.50%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Texas (3,959th of 5,688), and 7,710th of 11,911 in health care & social assistance. In 2023, employees put in $1.39 for every $1.00 the employer contributed; active participation has grown from 206 to 242 since 2022.

Plan summary
Net assets, end of year$5,365,947
Participants with balances486
Active participants242
Employer contributions$335,489
Employee contributions$465,557
Employer contribution per active participant$1,386
Average account balance$11,041
Benefits paid to participants$251,960
Plan auditUnmodified (clean) audit opinion
AuditorEISNER AMPER, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$5.2M · 242 accts · $323K emplr
2023$5.4M · 486 accts · $335K emplr
2022$4.0M · 429 accts · $292K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$9,284
Total administrative$9,284
The Transitional Learning Center 401(k) match · 2023
Employer contribution per active participant$1,386
Median for plans this size$1,308
2024$1,129 per active participant
2023$1,386 per active participant
2022$1,416 per active participant

Transitional Learning Center's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
ASCENSUS LLC · Loan processing · Recordkeeping$9,284

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$26,099 · 0.50%
2023$9,284 · 0.20%
2022$10,634 · 0.25%
Same employer
Similar plansHealth Care & Social Assistance · Texas
Citysquare TX$5.4M · 0.03%
Mission Road Ministries TX$5.3M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760051888 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.