Adtalem Global Education, Inc. 401(k) Review & Grade
Adtalem Global Education Retirement Plan
Chicago, ILEducational Services4,514 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$4,652Employer $ per active participant
$7,253Employee $ saved per active participant
0.08%Direct admin cost, % of plan assets
$609.7MNet plan assets, end of year
$87,587Average balance per account
Score breakdown
- Employer generosity47.0 / 5094th percentile for employer $ per participant
- Low cost15.8 / 2563th percentile for low admin cost vs. same-size plans
- Employee saving14.1 / 1594th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-23 pts3 issues reported on the filing
Total score64 / 100 · Grade B
This plan vs. peers
Peers: Educational Services plans with 2,500–9,999 active participants (34 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 94th |
| Lower admin cost | 63th |
| Employee saving | 94th |
| Peers that auto-enroll | 65% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($2,837 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Benefits not paid when due: the plan reported failing to pay some benefits on time.
Corrective distributions: the plan refunded $5,394 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Adtalem Global Education put in about $4,652 per active participant, more than the typical peer ($1,155). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $20,998,781 |
| Participant (employee) contributions | $32,738,123 |
| Other contributions (incl. rollovers in) | $7,225,387 |
| Administrative expenses paid from the plan | $471,541 |
| Contract administrator fees | $600 |
| Investment advisory & management fees | $208,236 |
| Benefits paid out | $62,660,828 |
| Net assets, start / end of year | $538.3M / $609.7M |
| Active participants, start / end of year | 4,473 / 4,555 |
| Participants with account balances | 6,961 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Baker Tilly US, LLP |
| Employer stock held by plan | $9,587,056 |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $263,290 reported compensation |
| Strategic Advisors, Inc. | $208,236 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250917151535NAL0001385474001, received 2025-09-17, EIN 36-3150143, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.