Plan Snapshot
- Plan Sponsor: Laureate Education, INC.
- Sponsor EIN: 521492296
- Sponsor Address: 78 SW 7TH STREET, MIAMI, FL, 33130
- Plan Type: 401(k)
- Total Participants: 43
- Total Assets: $171.0M
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 | 43 | $171.0M | $672,994 | $783,626 |
| 2023 | 56 | $173.6M | $322,850 | $753,132 |
| 2022 | 84 | $172.6M | $291,993 | $941,858 |
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 |
|---|---|---|---|---|
| RSM US LLP | Auditor | $37,275 | — | $37,275 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RSM US LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $37,275
- Estimated Expense Ratio: 0.022% 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 | $291,274 | — | — | $37,275 | — |
| 2023 | $316,881 | $42,250 | — | $37,800 | — |
| 2022 | $319,619 | — | — | — | — |