Plan Snapshot
- Plan Sponsor: Learning Matters Educational Group
- Sponsor EIN: 203176543
- Sponsor Address: 4744 W. GROVERS AVE., GLENDALE, AZ, 85308
- Plan Type: 401(k)
- Total Participants: 206
- Total Assets: $2.8M
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 | 206 | $2.8M | $259,448 | $525,943 |
| 2023 | 153 | $1.9M | $96,764 | $286,727 |
| 2022 | 111 | $1.5M | $42,538 | $157,721 |
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 |
|---|---|---|---|---|
| MANSPERGER, PATTERSON AND MCMULLIN | Auditor | — | — | $0 |
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 | $4,658 | $1,818 | — | — | — |
| 2023 | $4,655 | $1,975 | — | — | — |
| 2022 | $3,022 | — | $3,022 | — | — |