Buzzfeed Media Enterprises Inc.401(k)
BUZZFEED INC. 401(K) PLAN · NEW YORK, NY · plan year 2023
Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works
Buzzfeed Media Enterprises Inc. reported $103,359 in plan administrative expenses for 2023: 0.14% of average plan assets, above the peer median. Employer contributions averaged $715 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 0.12% to 0.09%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other information & media employers. By assets it is the 958th-largest of 5,648 plans among New York employers on file, and the 370th of 2,199 in information & media. In 2023, employees put in $12.69 for every $1.00 the employer contributed; active participation has shrunk from 1,089 to 862 since 2022.
Buzzfeed Media Enterprises Inc.'s 2023 employer contribution ran below the $3,659 median for plans its size, in the bottom 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 873610738 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.