Plan Ledger DOL Form 5500 · updated monthly

Gravity Media USA Corp401(k)

GEARHOUSE BROADCAST 401(K) PLAN · SPRING HILL, TN · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Gravity Media USA Corp reported $2,762 in plan administrative expenses for 2024: 0.17% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,042 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.

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 Tennessee (1,321st of 1,496), and 2,092nd of 2,199 in information & media. In 2024, employees put in $2.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,915,270
Participants with balances175
Active participants153
Employer contributions$159,415
Employee contributions$430,199
Employer contribution per active participant$1,042
Average account balance$10,944
Benefits paid to participants$125,421
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,528
Investment management$1,234
Total administrative$2,762
The Gravity Media USA Corp 401(k) match · 2024
Employer contribution per active participant$1,042
Median for plans this size$1,313

Gravity Media USA Corp'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.

Administrative cost history1
2024$2,762 · 0.17%
Similar plansInformation & Media · Tennessee
D17, LLC TN$4.2M · 0.48%
Argos Health, Inc. TN$3.0M · 0.66%
Firecrown Inc TN$1.6M · 0.35%
Amb Media LLC TN$1.1M · 1.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 753077273 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.