Plan Snapshot
- Plan Sponsor: Grand Canyon Education, INC.
- Sponsor EIN: 203356009
- Sponsor Address: 3300 W. CAMELBACK ROAD, PHOENIX, AZ, 85017
- Plan Type: 401(k)
- Total Participants: 4,745
- Total Assets: $191.7M
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 | 4,745 | $191.7M | $3.0M | $22.4M |
| 2023 | 4,542 | $158.3M | $2.7M | $20.4M |
| 2022 | 4,032 | $123.9M | $2.3M | $18.1M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $313,205 | — | $313,205 |
| SAGEVIEW ADVISORY GROUP LLC | ADVISOR | $38,500 | — | $38,500 |
| FORVIS MAZARS LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- SAGEVIEW ADVISORY GROUP LLC — ADVISOR
- FORVIS MAZARS LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $351,705
- Estimated Expense Ratio: 0.183% 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 | $351,705 | $38,500 | $2,100 | — | — |
| 2023 | $358,415 | $34,000 | $300 | — | — |
| 2022 | $357,305 | — | — | — | — |