Als Education, LLC 401(k) Review & Grade
Als Education, LLC 401(k) Plan
Orlando, FLEducational Services608 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$927Employer $ per active participant
$2,538Employee $ saved per active participant
0.98%Direct admin cost, % of plan assets
$10.3MNet plan assets, end of year
$16,839Average balance per account
Score breakdown
- Employer generosity16.4 / 5033th percentile for employer $ per participant
- Low cost1.7 / 257th percentile for low admin cost vs. same-size plans
- Employee saving7.2 / 1548th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score35 / 100 · Grade D
This plan vs. peers
Peers: Educational Services plans with 500–2,499 active participants (144 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 33th |
| Lower admin cost | 7th |
| Employee saving | 48th |
| Peers that auto-enroll | 37% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Als Education put in about $927 per active participant, below the typical peer ($1,225). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.98% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $564,297 |
| Participant (employee) contributions | $1,544,250 |
| Other contributions (incl. rollovers in) | $51,420 |
| Administrative expenses paid from the plan | $88,399 |
| Investment advisory & management fees | $33,765 |
| Other admin expenses | $16,188 |
| Benefits paid out | $712,748 |
| Net assets, start / end of year | $7.8M / $10.3M |
| Active participants, start / end of year | 504 / 713 |
| Participants with account balances | 609 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Pya P.C |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company | $38,446 reported compensation |
| Capfinancial Partners LLC DBA Captr | $33,765 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015111711NAL0009284722001, received 2025-10-15, EIN 84-3952335, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.