Plan Ledger DOL Form 5500 · updated monthly

Advance Publications, Inc.401(k)

ADVANCE 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.03%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Advance Publications, Inc. reported $444,877 in plan administrative expenses for 2024: 0.03% of average plan assets, below the peer median. Employer contributions averaged $3,669 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.05% to 0.03%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other information & media employers. By assets it is the 78th-largest of 5,648 plans among New York employers on file, and the 35th of 2,199 in information & media. In 2024, employees put in $2.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,666,594,823
Participants with balances11,917
Active participants6,487
Employer contributions$23,800,583
Employee contributions$61,243,060
Employer contribution per active participant$3,669
Average account balance$139,850
Benefits paid to participants$154,874,162
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.7B · 11,917 accts · $23.8M emplr
2023$1.5B · 12,454 accts · $24.8M emplr
2022$1.3B · 12,692 accts · $22.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$444,877
Total administrative$444,877
The Advance Publications, Inc. 401(k) match · 2024
Employer contribution per active participant$3,669
Median for plans this size$5,259
2024$3,669 per active participant
2023$3,674 per active participant
2022$3,226 per active participant

Advance Publications, Inc.'s 2024 employer contribution ran below the $5,259 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$447,751

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$444,877 · 0.03%
2023$523,522 · 0.04%
2022$712,153 · 0.05%
Similar plansInformation & Media · New York
Nc Transaction, Inc. NY$3.7B · 0.04%
Fox Corporation NY$2.5B · 0.02%
Bertelsmann, Inc. NY$2.0B · 0.04%
Csc Holdings, LLC NY$1.9B · 0.13%
Gannett Media Corp. NY$1.6B · 0.06%
Iac Inc. NY$1.6B · 0.05%
Yahoo Holdings Inc. NY$1.2B · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 135576716 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.