Instructure, Inc. 401(k) Review & Grade
Instructure, Inc. 401(k) Plan
Salt Lake City, UTEducational Services1,218 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,927Employer $ per active participant
$9,301Employee $ saved per active participant
0.33%Direct admin cost, % of plan assets
$91.0MNet plan assets, end of year
$47,808Average balance per account
Score breakdown
- Employer generosity36.0 / 5072th percentile for employer $ per participant
- Low cost9.4 / 2537th percentile for low admin cost vs. same-size plans
- Employee saving14.3 / 1595th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score70 / 100 · Grade B
This plan vs. peers
Peers: Educational Services plans with 500–2,499 active participants (144 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 72th |
| Lower admin cost | 37th |
| Employee saving | 95th |
| Peers that auto-enroll | 37% |
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
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Instructure put in about $1,927 per active participant, more than the typical peer ($1,225). 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.
- 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 | $2,347,146 |
| Participant (employee) contributions | $11,328,365 |
| Other contributions (incl. rollovers in) | $10,775,701 |
| Administrative expenses paid from the plan | $255,126 |
| Investment advisory & management fees | $116,620 |
| Benefits paid out | $9,219,049 |
| Net assets, start / end of year | $65.4M / $91.0M |
| Active participants, start / end of year | 1,150 / 1,286 |
| Participants with account balances | 1,904 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Squire & Company |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $138,506 reported compensation |
| Onedigital Investment Advisors LLC | $76,841 reported compensation |
| Resources Investment Advisors, LLC | $39,779 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015163649NAL0005149057001, received 2025-10-15, EIN 26-3505687, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.