Plan Ledger DOL Form 5500 · updated monthly

Babcox Media, Inc.401(k)

BABCOX MEDIA, INC. PROFIT SHARING 401K PLAN · AKRON, OH · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Babcox Media, Inc. reported $97,200 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $2,187 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 1 year on file its reported administrative ratio rose from 0.31% to 0.34%. 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 the 937th-largest of 3,295 plans among Ohio employers on file, and the 751st of 2,199 in information & media. In 2024, employees put in $3.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$31,537,040
Participants with balances124
Active participants85
Employer contributions$185,905
Employee contributions$735,960
Employer contribution per active participant$2,187
Average account balance$254,331
Benefits paid to participants$844,686
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$31.5M · 124 accts · $186K emplr
2023$26.4M · 128 accts · $374K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,893
Investment management$36,807
Audit (IQPA)$13,500
Total administrative$97,200
The Babcox Media, Inc. 401(k) match · 2024
Employer contribution per active participant$2,187
Median for plans this size$2,416
2024$2,187 per active participant
2023$3,932 per active participant

Babcox Media, Inc.'s 2024 employer contribution ran below 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 · 20244
BROADLEAF PARTNERS LLC · Investment advisory (plan)$28,057
MEADEN AND MOORE · Accounting / audit$13,500
CLEARSTEAD ADVISORS LLC · Investment advisory (plan)$8,750

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

Administrative cost history2
2024$97,200 · 0.34%
2023$75,773 · 0.31%
Similar plansInformation & Media · Ohio
Foundation Software, LLC OH$42.9M · 0.27%
Massillon Cable T.V., Inc. OH$31.9M · 0.00%
Horizon Telcom OH$29.1M · 0.23%
Ideastream OH$28.3M · 0.12%
Brandmuscle Holdings, Inc. OH$27.9M · 0.81%
Clubessential Holdings, LLC OH$24.4M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271128664 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.