Plan Ledger DOL Form 5500 · updated monthly

Bridgetower Opco LLC401(k)

BRIDGETOWER MEDIA 401(K) PLAN · GREENSBORO, NC · plan year 2023

Reported admin expense ratio · 2023
0.98%

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

Bridgetower Opco LLC reported $78,329 in plan administrative expenses for 2023: 0.98% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,055 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 1 year on file its reported administrative ratio rose from 0.70% to 0.98%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in North Carolina (1,165th of 2,005), and 8,284th of 11,654 in professional & technical services. In 2023, employees put in $6.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,132,478
Participants with balances334
Active participants277
Employer contributions$292,343
Employee contributions$1,821,546
Employer contribution per active participant$1,055
Average account balance$27,343
Benefits paid to participants$1,272,450
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$9.1M · 334 accts · $292K emplr
2022$6.9M · 382 accts · $326K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$59,299
Investment management$19,030
Total administrative$78,329
The Bridgetower Opco LLC 401(k) match · 2023
Employer contribution per active participant$1,055
Median for plans this size$1,308
2023$1,055 per active participant
2022$1,063 per active participant

Bridgetower Opco LLC's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$41,499
ALLIANT RETIREMENT SERVICES. · Investment advisory (plan)$19,030

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

Administrative cost history2
2023$78,329 · 0.98%
2022$47,044 · 0.70%
Same employer
Similar plansProfessional & Technical Services · North Carolina
Drake Enterprises, LTD NC$9.5M · 0.48%
Netsertive, Inc. NC$9.1M · 0.45%
Mycomputercareer, Inc NC$8.8M · 0.85%
Onecbi, LLC dba Cbi NC$8.7M · 0.79%

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Source: U.S. Department of Labor, Form 5500 series, EIN 853333083 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.