# Education Management &amp; Networks 401(k) Plan
Source: https://planprovider.pro/companies/education-management-networks-401k-plan

> Education Management &amp; Networks&#39;s 401(k) plan: 179 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Education Management & Networks

- **Sponsor EIN:** 202490342

- **Sponsor Address:** 27704 FRANKLIN ROAD, SOUTHFIELD, MI, 48034

- **Plan Type:** 401(k)

- **Total Participants:** 179

- **Total Assets:** $3.4M

## 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|179|$3.4M|$174,673|$296,384|

| 2023|122|$2.6M|$132,108|$232,598|

| 2022|101|$1.9M|$123,224|$221,325|

## 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|

| YEO AND YEO PC|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [YEO AND YEO PC](https://planprovider.pro/provider/yeo-and-yeo-pc) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $0

### 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|$6,362|$5,633|—|—|—|

| 2023|$5,895|—|—|—|—|

| 2022|$5,364|—|—|—|—|

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