Plan Ledger DOL Form 5500 · updated monthly

Fishawack Communications, Inc.401(k)

FISHAWACK GROUP 401(K) PLAN · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Fishawack Communications, Inc. reported $149,262 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $5,384 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 0.31% to 0.17%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other information & media employers. By assets it is the 100th-largest of 618 plans among District of Columbia employers on file, and the 317th of 2,199 in information & media. In 2024, employees put in $2.31 for every $1.00 the employer contributed; active participation has grown from 245 to 752 since 2022.

Plan summary
Net assets, end of year$96,683,598
Participants with balances1,162
Active participants752
Employer contributions$4,048,410
Employee contributions$9,363,475
Employer contribution per active participant$5,384
Average account balance$83,204
Benefits paid to participants$13,211,328
Plan auditUnmodified (clean) audit opinion
AuditorBAUM SMITH AND CLEMENS
Plan history3
Yearassets · accounts · employer contribution
2024$96.7M · 1,162 accts · $4.0M emplr
2023$82.7M · 1,243 accts · $4.5M emplr
2022$14.3M · 300 accts · $978K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$102,400
Investment management$46,862
Total administrative$149,262
The Fishawack Communications, Inc. 401(k) match · 2024
Employer contribution per active participant$5,384
Median for plans this size$3,635
2024$5,384 per active participant
2023$4,060 per active participant
2022$3,992 per active participant

Fishawack Communications, Inc.'s 2024 employer contribution ran above the $3,635 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
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$46,862

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$149,262 · 0.17%
2023$72,628 · 0.15%
2022$40,258 · 0.31%
Same employer
Similar plansInformation & Media · District of Columbia
National Public Radio, Inc. DC$425.8M · 0.10%
Consilio, LLC DC$276.0M
Cogent Communications, Inc. DC$88.8M · 0.11%
Rfe/Rl, Inc. DC$58.5M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 030452360 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.