Plan Ledger DOL Form 5500 · updated monthly

Blt Communications, LLCESOP

BLT COMMUNICATIONS EMPLOYEE STOCK OWNERSHIP PLAN · HOLLYWOOD, CA · plan year 2024

Employer contribution per participant · 2024
$5,128

Blt Communications, LLC's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $5,476,483 across 136 participant accounts, with employer contributions averaging $5,128 per active participant. See methodology for what Form 5500 does and doesn't capture.

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 (6,850th of 9,483), and 1,851st of 2,199 in information & media. active participation has shrunk from 133 to 117 since 2022.

Plan summary
Net assets, end of year$5,476,483
Participants with balances136
Active participants117
Employer contributions$600,000
Employee contributions—
Employer contribution per active participant$5,128
Average account balance$40,268
Benefits paid to participants$2,329
Plan auditUnmodified (clean) audit opinion
AuditorGALGAS RUSSELL LLP
Plan history3
Yearassets · accounts · employer contribution
2024$5.5M · 136 accts · $600K emplr
2023$2.3M · 136 accts · $550K emplr
2022$4.7M · 139 accts · $600K emplr
Employer contributions to the Blt Communications, LLC plan · 2024
Employer contribution per active participant$5,128
Median for plans this size$1,313
2024$5,128 per active participant
2023$4,167 per active participant
2022$4,511 per active participant

Blt Communications, LLC's 2024 employer contribution ran above the $1,313 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.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
Similar plansInformation & Media · California
Stx Financing, LLC. CA$5.8M · 0.30%
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UNIT21, Inc CA$5.4M · 0.15%
Zoo Digital Production CA$5.4M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954354864 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.