Discovery Education, Inc. 401(k) Plan: Login, Facts & Contact Information

Discovery Education, Inc. 401(k) Plan Facts

Plan name
DISCOVERY EDUCATION 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
DISCOVERY EDUCATION, INC.
Participants
857 (610 active employees)
Former employees with a balance
626
Plan assets
$72,598,070 at Dec 31, 2024
Average account balance
$59,119 across 1,228 accounts
Employer contributions
$2,480,692 in plan year 2024 (21% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 2018
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 20, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $11.9 million went into the plan in contributions, $2.48 million of it from the employer (21%).
  • $10.4 million was paid out to participants.
  • Investment and other income added $7.80 million.
  • Administrative expenses were $71,325, about $58 per account.

How the Discovery Education, Inc. 401(k) changed, 2018–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20180$4.61 million$977,566$26,398
2019407$11.3 million$1.94 million$868,844
2020499$17.9 million$1.86 million$1.63 million
2021599$27.4 million$2.22 million$2.17 million
2022726$30.6 million$2.85 million$2.08 million
2024857$72.6 million$2.48 million$10.4 million

Discovery Education, Inc. 401(k) Contact Information

Phone
704-557-2400
Mailing address
4350 CONGRESS ST SUITE 700, CHARLOTTE NC 28209
Plan sponsor
DISCOVERY EDUCATION, INC.
Employer identification number (EIN)
36-2298050
Plan number
003

Questions about the Discovery Education, Inc. 401(k)

Does Discovery Education, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $2.48 million, 21% of all contributions.

Does the Discovery Education, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Discovery Education, Inc 401(k) plan?

857 participants at the start of plan year 2024, 610 of them active employees, and 626 former employees who still had money in the plan.

What is the average 401(k) balance at Discovery Education, Inc?

About $59,119 per account: $72.6 million in plan assets across 1,228 accounts with a balance at the end of plan year 2024.

Who manages the Discovery Education, Inc 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Discovery Education, Inc. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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