Plan Ledger DOL Form 5500 · updated monthly

Triumph Higher Education Group, LLC401(k)

TRIUMPH HIGHER EDUCATION GROUP, LLC 401(K) PLAN · SCHAUMBURG, IL · plan year 2024

Reported admin expense ratio · 2024
0.78%

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

Triumph Higher Education Group, LLC reported $106,772 in plan administrative expenses for 2024: 0.78% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,363 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 1.99% to 0.78%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Illinois (1,953rd of 3,702), and 1,785th of 3,091 in educational services. In 2024, employees put in $2.09 for every $1.00 the employer contributed; active participation has shrunk from 628 to 549 since 2022.

Plan summary
Net assets, end of year$15,583,752
Participants with balances579
Active participants549
Employer contributions$1,297,258
Employee contributions$2,716,599
Employer contribution per active participant$2,363
Average account balance$26,915
Benefits paid to participants$1,953,229
Plan auditUnmodified (clean) audit opinion
AuditorMCCLINTOCK & ASSOCIATES, PC
Plan history3
Yearassets · accounts · employer contribution
2024$15.6M · 579 accts · $1.3M emplr
2023$11.7M · 604 accts · $1.0M emplr
2022$7.2M · 621 accts · $987K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$106,772
Total administrative$106,772
The Triumph Higher Education Group, LLC 401(k) match · 2024
Employer contribution per active participant$2,363
Median for plans this size$2,416
2024$2,363 per active participant
2023$1,627 per active participant
2022$1,572 per active participant

Triumph Higher Education Group, LLC's 2024 employer contribution ran below the $2,416 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 · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$106,765
SCHWAB FUNDS · Custodial (securities)indirect comp

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$106,772 · 0.78%
2023$95,493 · 1.01%
2022$122,416 · 1.99%
Same employer
Similar plansEducational Services · Illinois
Apics Inc. IL$17.3M · 0.22%
Blackburn University IL$17.1M · 0.08%
Vision for Hope IL$14.6M · 0.83%
The Catherine Cook School IL$14.2M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 272336979 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.