Plan Ledger DOL Form 5500 · updated monthly

Forum Communications Company 401(K)401(k)

FORUM COMMUNICATIONS COMPANY 401(K) PLAN · FARGO, ND · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Forum Communications Company 401(K) reported $140,288 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $876 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 0.21% to 0.16%. 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 31st-largest of 279 plans among North Dakota employers on file, and the 337th of 2,199 in information & media. In 2024, employees put in $3.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$90,887,852
Participants with balances880
Active participants759
Employer contributions$664,902
Employee contributions$2,421,877
Employer contribution per active participant$876
Average account balance$103,282
Benefits paid to participants$8,870,776
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$90.9M · 880 accts · $665K emplr
2023$86.3M · 900 accts · $612K emplr
2022$75.1M · 939 accts · $687K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$140,288
Total administrative$140,288
The Forum Communications Company 401(K) 401(k) match · 2024
Employer contribution per active participant$876
Median for plans this size$3,635
2024$876 per active participant
2023$779 per active participant
2022$852 per active participant

Forum Communications Company 401(K)'s 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
BELL STATE BANK & TRUST · Investment advisory (participants)$140,288

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$140,288 · 0.16%
2023$144,529 · 0.18%
2022$155,068 · 0.21%
Same employer
Similar plansInformation & Media · North Dakota
Intrado Life & Safety, Inc. CO$92.5M · 0.09%
The Lampo Group, LLC TN$91.9M · 0.19%
Arvig Enterprises, Inc. MN$91.9M · 0.15%
Insider, Inc. NY$91.7M · 0.22%
Sharecare, Inc. GA$90.8M · 0.26%
Imanage LLC IL$90.3M · 0.26%
Lightbox Employer, L.L.C. CT$89.8M · 0.19%
Workwave LLC NJ$89.6M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 450129560 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.