Plan Ledger DOL Form 5500 · updated monthly

Bftv Inc. dba First Media401(k)

FIRST MEDIA 401(K) PLAN · NORTH HOLLYWOOD, CA · plan year 2024

Reported admin expense ratio · 2024
0.98%

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

Bftv Inc. dba First Media reported $26,784 in plan administrative expenses for 2024: 0.98% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,199 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 2.33% to 0.98%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in California (7,742nd of 9,483), and 2,014th of 2,199 in information & media. In 2024, employees put in $3.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,216,148
Participants with balances130
Active participants144
Employer contributions$172,651
Employee contributions$674,168
Employer contribution per active participant$1,199
Average account balance$24,740
Benefits paid to participants$249,281
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.2M · 130 accts · $173K emplr
2023$2.2M · 115 accts · $210K emplr
2022$1.0M · 113 accts · $230K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,627
Investment management$13,157
Total administrative$26,784
The Bftv Inc. dba First Media 401(k) match · 2024
Employer contribution per active participant$1,199
Median for plans this size$1,313
2024$1,199 per active participant
2023$1,531 per active participant
2022$1,455 per active participant

Bftv Inc. dba First Media's 2024 employer contribution ran below the $1,313 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
VESTWELL · Contract administrator · Investment advisory (plan)$13,627
NAVALIGN WEALTH PARTNERS · Consulting · Investment advisory (plan)$13,156

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$26,784 · 0.98%
2023$22,019 · 1.36%
2022$15,428 · 2.33%
All plans at this employer2
FIRST MEDIA PROFIT SHARING PLANProfit-sharing plan
FIRST MEDIA 401(K) PLAN401(k)
Same employer
Similar plansInformation & Media · California
Indiegogo, Inc. CA$3.7M · 0.02%
Datagrail, Inc CA$3.6M · 0.13%
Ontraport, Inc. CA$3.6M · 0.99%
Aclima Inc. CA$3.2M · 0.92%
Upkeep Technologies, Inc CA$3.2M · 0.11%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 201779991 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.