Plan Ledger DOL Form 5500 · updated monthly

Clipper Magazine, LLC401(k)

CLIPPER MAGAZINE, LLC 401(K) PLAN · LANCASTER, PA · plan year 2023

Reported admin expense ratio · 2023
0.04%

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

Clipper Magazine, LLC reported $16,656 in plan administrative expenses for 2023: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,596 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 0.01% to 0.04%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other information & media employers. By assets it is the 919th-largest of 3,651 plans among Pennsylvania employers on file, and the 602nd of 2,199 in information & media. In 2023, employees put in $4.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$41,989,979
Participants with balances675
Active participants570
Employer contributions$909,877
Employee contributions$3,920,755
Employer contribution per active participant$1,596
Average account balance$62,207
Benefits paid to participants$3,403,930
Plan auditUnmodified (clean) audit opinion
AuditorBROWN SCHULTZ SHERIDAN & FRITZ
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $3K emplr
2023$42.0M · 675 accts · $910K emplr
2022$33.5M · 641 accts · $868K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$16,656
Total administrative$16,656
The Clipper Magazine, LLC 401(k) match · 2023
Employer contribution per active participant$1,596
Median for plans this size$2,440
2023$1,596 per active participant
2022$1,377 per active participant

Clipper Magazine, LLC's 2023 employer contribution ran below the $2,440 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 · 20231
USI CONSULTING GROUP · Consulting · Investment advisory (plan)$16,656

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

Administrative cost history3
2024Not separately reported
2023$16,656 · 0.04%
2022$3,755 · 0.01%
Same employer
Similar plansInformation & Media · Pennsylvania
Vert Markets, Inc. PA$45.7M · 0.19%
Whyy, Inc. PA$44.6M · 0.08%
Carnegie Learning, Inc. PA$43.0M · 0.32%
Elliott-Lewis Corporation PA$41.4M · 0.33%
Integrichain, Inc. PA$36.7M · 0.17%
Harmelin & Associates PA$35.9M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262247785 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.