# Learn It Systems, LLC DC Plan
Source: https://planprovider.pro/companies/learn-it-systems-llc-plan

> Learn It Systems, LLC&#39;s DC plan: 6,189 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Learn It Systems, LLC

- **Sponsor EIN:** 830474386

- **Sponsor Address:** 6225 SMITH AVE, BALTIMORE, MD, 21209

- **Plan Type:** DC

- **Total Participants:** 6,189

- **Total Assets:** $61.6M

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **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|6,189|$61.6M|$1.4M|$7.3M|

| 2023|5,627|$49.6M|$23,833|$6.3M|

| 2022|5,330|$39.0M|-$1,500|$6.0M|

## 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|

| UBS FINANCIAL SERVICES INC|ADVISOR|$60,000|—|$60,000|

| SC&H ATTEST SERVICES, P.C.|ACCOUNTANT/AUDITOR|$19,900|—|$19,900|

### Verified Provider Profiles

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

- [UBS FINANCIAL SERVICES INC](https://planprovider.pro/provider/aspire-financial-services) — ADVISOR

- [SC&H ATTEST SERVICES, P.C.](https://planprovider.pro/provider/scandh-attest-services-pc) — ACCOUNTANT/AUDITOR

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $79,900

- **Estimated Expense Ratio:** 0.130% 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|$70,600|$60,000|—|$19,900|—|

| 2023|$135,974|$60,000|—|$31,000|—|

| 2022|$188,828|—|—|—|—|

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