Plan Ledger DOL Form 5500 · updated monthly

Albuquerque Publishing Company401(k)

ALBUQUERQUE PUBLISHING COMPANY 401(K) PLAN · ALBUQUERQUE, NM · plan year 2022

Reported admin expense ratio · 2022
0.12%

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

Albuquerque Publishing Company reported $39,139 in plan administrative expenses for 2022: 0.12% of average plan assets, below the peer median. Employer contributions averaged $1,811 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 rose from 0.12% to 0.16%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other information & media employers. By assets it is the 50th-largest of 290 plans among New Mexico employers on file, and the 812th of 2,199 in information & media. In 2022, employees put in $2.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,516,175
Participants with balances169
Active participants185
Employer contributions$334,969
Employee contributions$726,870
Employer contribution per active participant$1,811
Average account balance$168,735
Benefits paid to participants$2,874,217
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$27.0M · 185 accts · $215K emplr
2023$27.4M · 157 accts · $181K emplr
2022$28.5M · 169 accts · $335K emplr
Administrative expenses, itemized · 2022
Professional / advisory$39,139
Total administrative$39,139
The Albuquerque Publishing Company 401(k) match · 2022
Employer contribution per active participant$1,811
Median for plans this size$2,266
2024$1,493 per active participant
2023$1,151 per active participant
2022$1,811 per active participant

Albuquerque Publishing Company's 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$43,617 · 0.16%
2023$41,193 · 0.15%
2022$39,139 · 0.12%
Same employer
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Questex LLC NY$28.7M · 0.39%
Rategain Technologies, Inc. TX$28.7M · 0.45%
Collegenet, Inc. OR$28.6M · 0.01%
Personify Corporation TX$28.5M · 0.33%
Witf, Inc. PA$28.4M · 0.31%
Mpulse Mobile CA$28.4M · 0.52%
Usan, Inc. GA$28.4M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 850377498 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.