Plan Snapshot
- Plan Sponsor: Follett Higher Education Group, LLC
- Sponsor EIN: 362593135
- Sponsor Address: 3 WESTBROOK CORPORATE CNTR, WESTCHESTER, IL, 60154
- Plan Type: 401(k)
- Total Participants: 4,627
- Total Assets: $335.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 4,627 | $335.4M | $3.8M | $7.3M |
| 2023 | 5,412 | $321.3M | $4.8M | $7.6M |
| 2022 | 5,572 | $290.5M | $4.8M | $7.9M |
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 |
|---|---|---|---|---|
| MILLER, COOPER & COMPANY, LTD | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLER, COOPER & COMPANY, LTD — 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 | $191,834 | $717 | — | — | — |
| 2023 | $257,810 | — | — | — | — |
| 2022 | $232,971 | — | — | — | $300 |