Plan Ledger DOL Form 5500 · updated monthly

Block Communications, Inc.401(k)

BLOCK COMMUNICATIONS SAVINGS PLAN · TOLEDO, OH · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Block Communications, Inc. reported $230,857 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $3,233 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 0.02% to 0.11%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other information & media employers. By assets it is the 203rd-largest of 3,295 plans among Ohio employers on file, and the 180th of 2,199 in information & media. In 2024, employees put in $1.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$210,609,912
Participants with balances1,861
Active participants1,232
Employer contributions$3,983,447
Employee contributions$6,396,352
Employer contribution per active participant$3,233
Average account balance$113,170
Benefits paid to participants$23,091,123
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$210.6M · 1,861 accts · $4.0M emplr
2023$194.1M · 1,759 accts · $4.7M emplr
2022$163.7M · 1,657 accts · $3.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$191,569
Investment management$39,288
Total administrative$230,857
The Block Communications, Inc. 401(k) match · 2024
Employer contribution per active participant$3,233
Median for plans this size$3,635
2024$3,233 per active participant
2023$3,505 per active participant
2022$2,810 per active participant

Block Communications, Inc.'s 2024 employer contribution ran below the $3,635 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.

Administrative cost history3
2024$230,857 · 0.11%
2023$49,449 · 0.03%
2022$41,227 · 0.02%
Same employer
Similar plansInformation & Media · Ohio
Cengage Learning, Inc. OH$660.1M · 0.07%
Hyland Software, Inc. OH$512.0M · 0.10%
Oclc, Inc. OH$174.0M · 0.06%
Oeconnection LLC OH$76.8M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 344374555 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.