Plan Ledger DOL Form 5500 · updated monthly

Forever Media, Inc.401(k)

FOREVER 401(K) PLAN · ALTOONA, PA · plan year 2022

Reported admin expense ratio · 2022
0.07%

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

Forever Media, Inc. reported $5,601 in plan administrative expenses for 2022: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $99 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 3 years on file its reported administrative ratio has held roughly steady near 0.073%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Pennsylvania (2,648th of 3,651), and 1,724th of 2,199 in information & media. In 2022, employees put in $28.98 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,974,997
Participants with balances103
Active participants160
Employer contributions$15,908
Employee contributions$460,969
Employer contribution per active participant$99
Average account balance$67,718
Benefits paid to participants$570,090
Plan auditUnmodified (clean) audit opinion
AuditorYOUNG OAKES BROWN AND CO.
Plan history3
Yearassets · accounts · employer contribution
2024$6.6M · 124 accts · $89 emplr
2023$6.6M · 108 accts
2022$7.0M · 103 accts · $16K emplr
Administrative expenses, itemized · 2022
Investment management$3,490
Total administrative$5,601
The Forever Media, Inc. 401(k) match · 2022
Employer contribution per active participant$99
Median for plans this size$1,114
2024$0 per active participant
2022$99 per active participant

Forever Media, Inc.'s 2022 employer contribution ran below the $1,114 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.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$4,842 · 0.07%
2023$5,036 · 0.07%
2022$5,601 · 0.07%
Same employer
Similar plansInformation & Media · Pennsylvania
Metro Corp. PA$10.6M · 0.47%
Digital Grapes, LLC PA$7.4M · 0.99%
Medical Guardian, LLC PA$6.6M · 0.40%
Guru Technologies, Inc. PA$6.2M · 0.53%
Ionos Inc. PA$5.9M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581935744 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.