Plan Ledger DOL Form 5500 · updated monthly

Farm Journal, Inc.401(k)

FARM JOURNAL, INC. 401(K) SAVINGS PLAN · PHILADELPHIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Farm Journal, Inc. reported $8,947 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,385 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 0.04% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 1,199th-largest of 3,651 plans among Pennsylvania employers on file, and the 796th of 2,199 in information & media. In 2024, employees put in $5.88 for every $1.00 the employer contributed; active participation has grown from 203 to 260 since 2022.

Plan summary
Net assets, end of year$29,387,290
Participants with balances324
Active participants260
Employer contributions$360,132
Employee contributions$2,118,656
Employer contribution per active participant$1,385
Average account balance$90,702
Benefits paid to participants$2,823,215
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$29.4M · 324 accts · $360K emplr
2023$25.2M · 308 accts · $336K emplr
2022$21.5M · 300 accts · $309K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,758
Investment management$7,189
Total administrative$8,947
The Farm Journal, Inc. 401(k) match · 2024
Employer contribution per active participant$1,385
Median for plans this size$2,416
2024$1,385 per active participant
2023$1,569 per active participant
2022$1,522 per active participant

Farm Journal, Inc.'s 2024 employer contribution ran below the $2,416 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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$7,189
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,758

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

Administrative cost history3
2024$8,947 · 0.03%
2023$9,359 · 0.04%
2022$8,265 · 0.04%
Same employer
Similar plansInformation & Media · Pennsylvania
Integrichain, Inc. PA$36.7M · 0.17%
Harmelin & Associates PA$35.9M · 0.33%
Times Shamrock Media LP PA$32.0M · 0.07%
Pencor Services, Inc. PA$29.0M · 0.52%
Witf, Inc. PA$28.4M · 0.31%
Freedompay, Inc. PA$27.6M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 230569850 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.