Plan Ledger DOL Form 5500 · updated monthly

Gennext Media, Inc.403(b)

SUREFIRE LOCAL 401K PLAN · VIENNA, VA · plan year 2024

Reported admin expense ratio · 2024
1.36%

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

Gennext Media, Inc. reported $29,808 in plan administrative expenses for 2024: 1.36% of average plan assets, higher than ~90% of peers. Employer contributions averaged $843 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 has held roughly steady near 1.36%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Virginia (2,036th of 2,266), and 2,064th of 2,199 in information & media. In 2024, employees put in $3.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,511,148
Participants with balances238
Active participants142
Employer contributions$119,667
Employee contributions$474,204
Employer contribution per active participant$843
Average account balance$10,551
Benefits paid to participants$227,633
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$2.5M · 238 accts · $120K emplr
2023$1.9M · 176 accts · $82K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,939
Investment management$369
Total administrative$29,808
The Gennext Media, Inc. 401(k) match · 2024
Employer contribution per active participant$843
Median for plans this size$1,313
2024$843 per active participant
2023$668 per active participant

Gennext Media, Inc.'s 2024 employer contribution ran below the $1,313 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
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)$29,556
NFP RETIREMENT INCindirect comp

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

Administrative cost history2
2024$29,808 · 1.36%
2023$21,841 · 1.35%
Same employer
Similar plansInformation & Media · Virginia
Cosolutions, Inc VA$4.7M · 0.85%
Virginia Everywhere, LLC VA$3.0M · 0.84%
Prominds Inc. VA$2.1M · 0.75%
Max Management II, LLC VA$2.1M · 0.99%
Jms Group, LLC VA$1.9M · 0.86%
Pulse Broadband, LLC VA$1.7M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263405573 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.