Plan Ledger DOL Form 5500 · updated monthly

Boston Globe Media Partners, LLC401(k)

THE BOSTON GLOBE MEDIA PARTNERS, LLC RETIREMENT SAVINGS PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Boston Globe Media Partners, LLC reported $342,588 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $3,250 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 0.18% to 0.14%. 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 209th-largest of 2,726 plans among Massachusetts employers on file, and the 159th of 2,199 in information & media. In 2024, employees put in $2.73 for every $1.00 the employer contributed; active participation has shrunk from 970 to 858 since 2022.

Plan summary
Net assets, end of year$254,680,110
Participants with balances1,376
Active participants858
Employer contributions$2,788,564
Employee contributions$7,599,165
Employer contribution per active participant$3,250
Average account balance$185,087
Benefits paid to participants$26,945,761
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$254.7M · 1,376 accts · $2.8M emplr
2023$240.3M · 1,415 accts · $2.8M emplr
2022$215.8M · 1,420 accts · $2.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$271,954
Investment management$70,634
Total administrative$342,588
The Boston Globe Media Partners, LLC 401(k) match · 2024
Employer contribution per active participant$3,250
Median for plans this size$3,635
2024$3,250 per active participant
2023$2,901 per active participant
2022$2,718 per active participant

Boston Globe Media Partners, LLC'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.

Service providers · 20242
JOHN HANCOCK · Recordkeeping · Loan processing$144,970
MMA SECURITIES LLC · Investment advisory (plan)$46,000

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$342,588 · 0.14%
2023$372,328 · 0.16%
2022$434,022 · 0.18%
Same employer
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Tripadvisor LLC MA$350.5M · 0.05%
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Dynatrace LLC MA$252.1M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463494661 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.