Plan Ledger DOL Form 5500 · updated monthly

Fwd Media Inc401(k)

BRAINPOP 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Fwd Media Inc reported $120,312 in plan administrative expenses for 2024: 0.60% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,906 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 0.60%. 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 2,398th-largest of 5,648 plans among New York employers on file, and the 979th of 2,199 in information & media. In 2024, employees put in $5.22 for every $1.00 the employer contributed; active participation has grown from 208 to 229 since 2022.

Plan summary
Net assets, end of year$21,787,625
Participants with balances290
Active participants229
Employer contributions$436,563
Employee contributions$2,279,053
Employer contribution per active participant$1,906
Average account balance$75,130
Benefits paid to participants$2,723,770
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.8M · 290 accts · $437K emplr
2023$18.4M · 270 accts · $335K emplr
2022$13.8M · 237 accts · $326K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$120,312
Total administrative$120,312
The Fwd Media Inc 401(k) match · 2024
Employer contribution per active participant$1,906
Median for plans this size$2,416
2024$1,906 per active participant
2023$1,508 per active participant
2022$1,569 per active participant

Fwd Media 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 · 20243
MORGAN STANLEY$45,549
THE BENEFIT PRACTICE · Contract administrator$17,035

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$120,312 · 0.60%
2023$83,769 · 0.52%
2022$84,627 · 0.58%
Similar plansInformation & Media · New York
Bitly, Inc. NY$22.4M · 0.02%
Fair Health, Inc. NY$21.3M · 0.35%
The Lifetime Value Co. LLC NY$20.7M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 134080892 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.