Act Education 401(k) match, vesting and fees
What Act Education's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 456 defined-contribution plans in educational services with 500 to 999 participants.
| Act Education: employer contribution per participant | $606 | |
| Peer median | $1,855 |
| Act Education: average balance | $35,586 | |
| Peer median | $100,069 |
| Act Education: admin expenses ÷ assets | 0.04% | |
| Peer median | 0.11% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets were $25.7M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 792 | $25.7M | $438K | $606 | 0.04% | Not published | Form 5500 ↗ |
Common questions
Does Act Education match 401(k) contributions?
The match terms for the Act Education Corp. 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $438K in employer contributions, about $606 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Act Education 401(k) match vested?
The vesting schedule for the Act Education Corp. 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Act Education 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Act Education Corp..
I left Act Education. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Act Education Corp., (800) 862-7759) or the recordkeeper, Principal Life Insurance Company. The Act Education old 401(k) page lists the contacts from every plan filing. Find an old Act Education 401(k)
Data from the public Form 5500 annual reports Act Education filed with the U.S. Department of Labor (plan years 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Act Education. Not financial advice. Report a correction · Methodology