Plan Ledger DOL Form 5500 · updated monthly

Definitive Media Corp. dba401(k)

DEFINITIVE MEDIA CORP. 401(K) PLAN · CARY, NC · plan year 2023

Reported admin expense ratio · 2023
0.05%

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

Definitive Media Corp. dba reported $5,455 in plan administrative expenses for 2023: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,454 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 rose from 0.02% to 0.20%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in North Carolina (1,017th of 2,005), and 7,463rd of 11,654 in professional & technical services. In 2023, employees put in $1.82 for every $1.00 the employer contributed; active participation has shrunk from 159 to 131 since 2022.

Plan summary
Net assets, end of year$11,749,977
Participants with balances216
Active participants131
Employer contributions$845,412
Employee contributions$1,537,703
Employer contribution per active participant$6,454
Average account balance$54,398
Benefits paid to participants$1,462,799
Plan auditUnmodified (clean) audit opinion
AuditorASHTON TREVETHAN AND COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$10.4M · 166 accts · $595K emplr
2023$11.7M · 216 accts · $845K emplr
2022$8.5M · 245 accts · $267K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$5,455
Total administrative$5,455
The Definitive Media Corp. dba 401(k) match · 2023
Employer contribution per active participant$6,454
Median for plans this size$2,440
2024$8,496 per active participant
2023$6,454 per active participant
2022$1,677 per active participant

Definitive Media Corp. dba's 2023 employer contribution ran above the $2,440 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.

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
ADP, INC. · Loan processing · Recordkeeping$5,454
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, Morgan Stanley
2023ADP

This plan has changed recordkeepers within these filings. If you left Definitive Media Corp. dba before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$22,353 · 0.20%
2023$5,455 · 0.05%
2022$1,785 · 0.02%
Same employer
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Cline Design Associates PA NC$12.5M · 0.58%
Bowe Systec North America NC$12.5M · 0.61%
Pharpoint Research, Inc. NC$12.3M · 0.79%
Mpay Inc. NC$12.3M · 0.13%
J. Davis Architects, PC NC$11.6M · 0.04%
D'Amato & Lynch, LLP NC$11.4M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263969490 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.