Plan Ledger DOL Form 5500 · updated monthly

Gfr Media, LLC401(k)

GFR MEDIA, LLC RETIREMENT SAVINGS PLAN FOR UNION EMPLOYEES · SAN JUAN, PR · plan year 2023

Reported admin expense ratio · 2023
0.01%

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

Gfr Media, LLC reported $1,432 in plan administrative expenses for 2023: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,163 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 1 year on file its reported administrative ratio fell from 0.29% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other information & media employers. By assets it is the 84th-largest of 323 plans among PR employers on file, and 1,159th of 2,199 in information & media. In 2023, employees put in $2.60 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,179,213
Participants with balances258
Active participants122
Employer contributions$141,867
Employee contributions$368,915
Employer contribution per active participant$1,163
Average account balance$62,710
Benefits paid to participants$1,882,176
Plan auditUnmodified (clean) audit opinion
AuditorKEVANE THORNTON LLP
Plan history2
Yearassets · accounts · employer contribution
2023$16.2M · 258 accts · $142K emplr
2022$15.9M · 298 accts · $173K emplr
The Gfr Media, LLC 401(k) match · 2023
Employer contribution per active participant$1,163
Median for plans this size$2,440
2023$1,163 per active participant
2022$1,521 per active participant

Gfr Media, LLC's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
INDEPENDENT FINANCIAL GROUP LLC · Investment advisory (plan)$30,943
EMPOWERADVISOR GROUP, LLC · Investment management$548

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

Administrative cost history2
2023$1,432 · 0.01%
2022$43,954 · 0.29%
Same employer
Similar plansInformation & Media · PR
Evertec Group, LLC PR$117.6M · 0.03%
Telemundo of Puerto Rico PR$12.2M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 660274149 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.