Plan Ledger DOL Form 5500 · updated monthly

Bloomberg Industry Grp401(k)

BNA 401(K) PLAN · ARLINGTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Bloomberg Industry Grp reported $152,667 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,406 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 0.03% to 0.04%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other information & media employers. By assets it is the 82nd-largest of 2,266 plans among Virginia employers on file, and the 108th of 2,199 in information & media. In 2024, employees put in $1.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$446,962,579
Participants with balances2,253
Active participants1,267
Employer contributions$10,651,030
Employee contributions$15,773,001
Employer contribution per active participant$8,406
Average account balance$198,386
Benefits paid to participants$45,357,913
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$447.0M · 2,253 accts · $10.7M emplr
2023$408.0M · 2,312 accts · $10.1M emplr
2022$362.6M · 2,291 accts · $8.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$68,390
Investment management$64,104
Audit (IQPA)$20,173
Total administrative$152,667
The Bloomberg Industry Grp 401(k) match · 2024
Employer contribution per active participant$8,406
Median for plans this size$4,294
2024$8,406 per active participant
2023$5,781 per active participant
2022$7,064 per active participant

Bloomberg Industry Grp's 2024 employer contribution ran above the $4,294 median for plans its size, placing it in the top quarter of its peers. 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 · 20245
EMPOWER ANNUITY INSURANCE COMPANY O · Recordkeeping · Loan processing$68,390
ROCATON INVESTMENT ADVISORS LLC · Investment advisory (plan)$39,270
APRIO LLP · Accounting / audit$20,173
GOLDMAN SACHS ASSET MANAGEMENT LP · Investment advisory (plan)$12,936
EMPOWER ADVISORY GROUP, LLC · Investment management · Investment advisory (participants)$11,898

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

Recordkeeper by year2
2024Empower
2023Empower

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$152,667 · 0.04%
2023$153,242 · 0.04%
2022$107,939 · 0.03%
Same employer
Similar plansInformation & Media · Virginia
Tegna Inc. VA$995.3M · 0.07%
Intelsat US LLC VA$627.7M · 0.03%
Orange Business Services VA$473.8M · 0.15%
Dominion Enterprises VA$337.4M · 0.05%
Public Broadcasting Service VA$264.3M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 530040540 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.