# Follett Higher Education Group, LLC 401(k) Plan
Source: https://planprovider.pro/companies/follett-higher-education-group-llc-401k-plan

> Follett Higher Education Group, LLC's 401(k) plan: 4,627 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|

| T ROWE PRICE RPS INC|NONE|$190,120|—|$190,120|

| 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](https://planprovider.pro/provider/miller-cooper-and-co-ltd) — Auditor

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $190,120

- **Estimated Expense Ratio:** 0.057% 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|$191,834|$717|—|—|—|

| 2023|$257,810|—|—|—|—|

| 2022|$232,971|—|—|—|$300|

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