University of Phoenix 401(k) match, vesting and fees
What University of Phoenix'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 | Empower Annuity Insurance Company O | Schedule C ↗ |
| Independent auditor | Cbiz Cpas P.C. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 55 defined-contribution plans in educational services with 5,000 to 9,999 participants.
| University of Phoenix: employer contribution per participant | $814 | |
| Peer median | $2,692 |
| University of Phoenix: average balance | $74,922 | |
| Peer median | $100,331 |
| University of Phoenix: admin expenses ÷ assets | 0.08% | |
| Peer median | 0.06% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $534M at the end of plan year 2023 to $586M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 9,570 | $586M | $6.4M | $814 | 0.08% | Not published | Form 5500 ↗ |
| 2023 | 9,641 | $534M | $5.6M | $715 | 0.09% | Not published | Form 5500 ↗ |
Common questions
Does University of Phoenix match 401(k) contributions?
The match terms for the The University of Phoenix, Inc. Savings and Investment Plan have not been published from its filing yet. The plan year 2024 filing reports $6.4M in employer contributions, about $814 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the University of Phoenix 401(k) match vested?
The vesting schedule for the The University of Phoenix, Inc. Savings and Investment Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the University of Phoenix 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Insurance Company O. The plan administrator is The University of Phoenix, Inc..
I left University of Phoenix. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (The University of Phoenix, Inc., (800) 990-2765) or the recordkeeper, Empower Annuity Insurance Company O. The University of Phoenix old 401(k) page lists the contacts from every plan filing. Find an old University of Phoenix 401(k)
Data from the public Form 5500 annual reports University of Phoenix filed with the U.S. Department of Labor (plan years 2023 and 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 University of Phoenix. Not financial advice. Report a correction · Methodology