Plan Snapshot
- Plan Sponsor: Amplify Education, INC.
- Sponsor EIN: 134125483
- Sponsor Address: 55 WASHINGTON STREET SUITE 800, BROOKLYN, NY, 11201
- Plan Type: 401(k)
- Total Participants: 1,786
- Total Assets: $169.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,786 | $169.0M | $7.4M | $17.2M |
| 2023 | 1,441 | $129.3M | $6.8M | $15.3M |
| 2022 | 1,318 | $89.4M | $5.1M | $11.1M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| KESTRA INVESTMENT SERVICES LLC | ADVISOR | $83,589 | — | $83,589 |
| EISNERAMPER LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KESTRA INVESTMENT SERVICES LLC — ADVISOR
- EISNERAMPER LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $83,589
- Estimated Expense Ratio: 0.049% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | -$114,511 | $83,589 | — | — | — |
| 2023 | $100,718 | $59,796 | — | $31,500 | — |
| 2022 | $84,116 | — | — | — | — |