Plan Ledger DOL Form 5500 · updated monthly

Ab Pac401(k)

MEDIA ADVOCATES 401(K) PLAN · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
0.88%

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

Ab Pac reported $92,815 in plan administrative expenses for 2024: 0.88% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,701 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 0.04% to 0.88%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in District of Columbia (414th of 618), and 1,404th of 2,199 in information & media. In 2024, employees put in $1.78 for every $1.00 the employer contributed; active participation has shrunk from 177 to 159 since 2022.

Plan summary
Net assets, end of year$11,608,937
Participants with balances329
Active participants159
Employer contributions$429,498
Employee contributions$765,460
Employer contribution per active participant$2,701
Average account balance$35,286
Benefits paid to participants$425,203
Plan auditUnmodified (clean) audit opinion
AuditorMATTHEWS, CARTER & BOYCE, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$11.6M · 329 accts · $429K emplr
2023$9.4M · 319 accts · $420K emplr
2022$7.4M · 319 accts · $361K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$92,515
Total administrative$92,815
The Ab Pac 401(k) match · 2024
Employer contribution per active participant$2,701
Median for plans this size$2,416
2024$2,701 per active participant
2023$2,020 per active participant
2022$2,037 per active participant

Ab Pac's 2024 employer contribution ran above the $2,416 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 · 20242
SCP RETIREMENT SERVICES LLC · Other services$3,100
KESTRA ADVISORY SERVICES LLCindirect comp

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$92,815 · 0.88%
2023$38,333 · 0.46%
2022$2,725 · 0.04%
Similar plansInformation & Media · District of Columbia
Virtru Corporation DC$15.6M · 0.17%
Catalist, LLC DC$14.4M · 0.28%
Third Way DC$12.9M · 0.32%
Sayari Labs Inc. DC$11.6M · 0.15%
Rebellion Defense, Inc. DC$10.9M · 0.00%
Precision Strategies, LLC DC$10.5M · 0.15%
Leadership Connect, Inc. DC$9.9M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 274819166 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.