Plan Ledger DOL Form 5500 · updated monthly

Iheart Communications, Inc.401(k)

IHEART MEDIA, INC. 401K SAVINGS PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Iheart Communications, Inc. reported $25,612 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $16 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 over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other information & media employers. By assets it is the 81st-largest of 5,688 plans among Texas employers on file, and the 39th of 2,199 in information & media. In 2024, employees put in $357.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,445,200,286
Participants with balances8,238
Active participants8,743
Employer contributions$136,745
Employee contributions$48,826,697
Employer contribution per active participant$16
Average account balance$175,431
Benefits paid to participants$144,477,741
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.4B · 8,238 accts · $137K emplr
2023$1.3B · 8,536 accts · $4.8M emplr
2022$1.1B · 8,783 accts · $13.8M emplr
Administrative expenses, itemized · 2024
Investment management$270,846
Audit (IQPA)$30,479
Total administrative$25,612
The Iheart Communications, Inc. 401(k) match · 2024
Employer contribution per active participant$16
Median for plans this size$5,259
2024$16 per active participant
2023$529 per active participant
2022$1,560 per active participant

Iheart Communications, Inc.'s 2024 employer contribution ran below the $5,259 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$270,846
NFB RETIREMENT INC · Consulting$92,500
BAKER TILLY US, LLP · Accounting / audit$30,479
FINSTON FRIEDMAN FISHER LAW GRP LLP · Legal$17,000

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$25,612 · 0.00%
2023Not separately reported
2022Not separately reported
All plans at this employer2
IHEART MEDIA, INC. 401K SAVINGS PLAN401(k)
IHEART MEDIA, INC. 401K SAVINGS PLAN FOR UNION EMPLOYEES401(k)
Similar plansInformation & Media · Texas
Ericsson Inc. TX$3.8B · 0.12%
Bellsouth, LLC TX$2.5B · 0.05%
Nexstar Media Group, Inc. TX$2.0B · 0.02%
Vericast Corp. TX$1.1B · 0.06%
Cdk Global II LLC TX$735.5M · 0.09%
Bt Americas Holdings Inc. TX$652.2M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741787539 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.