Plan Ledger DOL Form 5500 · updated monthly

Gizmodo Media Group LLC401(k)

GIZMODO MEDIA GROUP 401(K) PLAN · NEW YORK, NY · plan year 2023

Reported admin expense ratio · 2023
0.18%

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

Gizmodo Media Group LLC reported $26,782 in plan administrative expenses for 2023: 0.18% of average plan assets, below the peer median. Employer contributions averaged $3,044 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 rose from 0.05% to 0.15%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (2,889th of 5,648), and 6,413th of 11,654 in professional & technical services. In 2023, employees put in $2.34 for every $1.00 the employer contributed; active participation has shrunk from 198 to 138 since 2022.

Plan summary
Net assets, end of year$15,697,288
Participants with balances415
Active participants138
Employer contributions$420,041
Employee contributions$983,504
Employer contribution per active participant$3,044
Average account balance$37,825
Benefits paid to participants$2,123,420
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$4.1M · 90 accts · $102K emplr
2024$13.9M · 283 accts · $331K emplr
2023$15.7M · 415 accts · $420K emplr
2022$13.7M · 439 accts · $345K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$20,440
Investment management$6,342
Total administrative$26,782
The Gizmodo Media Group LLC 401(k) match · 2023
Employer contribution per active participant$3,044
Median for plans this size$2,440
2025$14,512 per active participant
2024$4,873 per active participant
2023$3,044 per active participant
2022$1,744 per active participant

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

Service providers · 20232
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$20,440
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$6,342

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

Administrative cost history4
2025$13,574 · 0.15%
2024$9,779 · 0.07%
2023$26,782 · 0.18%
2022$6,581 · 0.05%
Same employer
Similar plansProfessional & Technical Services · New York
Lilker Associates NY$15.8M · 0.17%
Miq Digital USA, Inc. NY$15.8M · 0.04%
Opentrons Labworks Inc. NY$15.7M · 0.88%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 811810891 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.