401k Record

Employers › 2U Laundry

2U Laundry 401(k)

Recordkeeping fees per participant · 2ulaundry 401(k) Plan · plan year 2024

$1.02

Higher than 6% of the 436 plans under $1M that report it.

Source

= $300 / 294
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251008102343NAL0005396657001, received 2025-10-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008102343NAL0005396657001, received 2025-10-08

10th: $2.24median $26.1290th: $690.69

Percentiles compare this plan with the Schedule H plans under $1M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-08.

Cost and contributions

Administrative expenses excluding investment management, per participant

$1.02

10th: $3.71median $41.9890th: $1,362.89

Higher than 4% of the 769 plans under $1M that report it.

Source

= $300 / 294
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251008102343NAL0005396657001, received 2025-10-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008102343NAL0005396657001, received 2025-10-08

Administrative expenses per participant

$3.88

10th: $2.91median $29.6190th: $625.17

Higher than 13% of the 1,011 plans under $1M that report it.

Source

= $1,142 / 294
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251008102343NAL0005396657001, received 2025-10-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008102343NAL0005396657001, received 2025-10-08

Administrative expenses as a share of assets

0.186%

10th: 0.174%median 1.108%90th: 34.707%

Higher than 11% of the 1,053 plans under $1M that report it.

Source

= $1,142 / $613,652
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251008102343NAL0005396657001, received 2025-10-08
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251008102343NAL0005396657001, received 2025-10-08

Employer contributions per participant

$0

Fewer than 50 comparable plans report this figure; no percentile.

Source

= $0 / 294
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251008102343NAL0005396657001, received 2025-10-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008102343NAL0005396657001, received 2025-10-08

Employer share of total contributions

0.0%

Fewer than 50 comparable plans report this figure; no percentile.

Source

= $0 / $297,619
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251008102343NAL0005396657001, received 2025-10-08
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251008102343NAL0005396657001, received 2025-10-08

Plan terms, as stated in 2U Laundry, Inc.'s SEC filings

Plan terms are not published in public filings.

Plan features

2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3D IRS pre-approved plan · 2S pre-approved plan document · 3B · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251008102343NAL0005396657001, received 2025-10-08

Full record, 2ulaundry 401(k) Plan

FieldValueSource
Plan sponsor2U LAUNDRY, INC.Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251008102343NAL0005396657001, received 2025-10-08
Plan name2ULAUNDRY 401(K) PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20251008102343NAL0005396657001, received 2025-10-08
Sponsor EIN / plan number81-2644426 / 001Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251008102343NAL0005396657001, received 2025-10-08
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251008102343NAL0005396657001, received 2025-10-08
Sponsor locationCHARLOTTE, NCForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251008102343NAL0005396657001, received 2025-10-08
Industry (business code)812320, Other servicesForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20251008102343NAL0005396657001, received 2025-10-08
Plan year2024-01-01 to 2024-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251008102343NAL0005396657001, received 2025-10-08
Filing received2025-10-08Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251008102343NAL0005396657001, received 2025-10-08
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251008102343NAL0005396657001, received 2025-10-08
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20251008102343NAL0005396657001, received 2025-10-08
Participants, beginning of year258Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251008102343NAL0005396657001, received 2025-10-08
Active participants103Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251008102343NAL0005396657001, received 2025-10-08
Participants, end of year304Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251008102343NAL0005396657001, received 2025-10-08
Participants with an account balance294Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008102343NAL0005396657001, received 2025-10-08
Total assets, beginning of year$309,170Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251008102343NAL0005396657001, received 2025-10-08
Total assets, end of year$613,652Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251008102343NAL0005396657001, received 2025-10-08
Net assets, end of year$613,652Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251008102343NAL0005396657001, received 2025-10-08
Total income$359,475Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251008102343NAL0005396657001, received 2025-10-08
Net income$304,482Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251008102343NAL0005396657001, received 2025-10-08
Employer contributions$0Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251008102343NAL0005396657001, received 2025-10-08
Participant contributions$200,451Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251008102343NAL0005396657001, received 2025-10-08
Other contributions (incl. rollovers)$97,168Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251008102343NAL0005396657001, received 2025-10-08
Total contributions$297,619Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251008102343NAL0005396657001, received 2025-10-08
Benefit payments$53,851Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251008102343NAL0005396657001, received 2025-10-08
Total expenses (incl. benefit payments)$54,993Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251008102343NAL0005396657001, received 2025-10-08
Total administrative expenses$1,142Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251008102343NAL0005396657001, received 2025-10-08
Recordkeeping fees$300Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251008102343NAL0005396657001, received 2025-10-08
Investment advisory and management fees$842Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251008102343NAL0005396657001, received 2025-10-08
Administrative expenses excluding investment management$300derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251008102343NAL0005396657001, received 2025-10-08
Held in mutual funds$602,889Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251008102343NAL0005396657001, received 2025-10-08
Independent auditorGREERWALKER LLPSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251008102343NAL0005396657001, received 2025-10-08

Position = column in the DOL layout for form year 2024. Filing 20251008102343NAL0005396657001, received 2025-10-08.

Service providers paid directly by the plan

No Schedule C line 2 providers are listed on this filing.

Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251008102343NAL0005396657001, received 2025-10-08.

What changed since the 2023 plan year

Figure20232024Change
Total assets$309,170$613,65298.5%
Participants with a balance24329421.0%
Administrative expenses$671$1,14270.2%
Recordkeeping fees per participantnot reported$1.02
Employer contributions$0$0

Prior filing 20240618132521NAL0003965376001, received 2024-06-18; the plan years are contiguous.

Alerts, claims and corrections

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Sponsor name as filed: 2U LAUNDRY, INC.; SEC registrant: 2U Laundry, Inc. (CIK 1689537, matched by EIN).