Plan Ledger DOL Form 5500 · updated monthly

Independent Newsmedia Inc. USA401(k)

INDEPENDENT NEWSMEDIA INC. USA 401(K) PROFIT SHARING PLAN · DOVER, DE · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Independent Newsmedia Inc. USA reported $26,531 in plan administrative expenses for 2024: 0.44% of average plan assets, below the peer median. Employer contributions averaged $427 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 fell from 0.53% to 0.44%. 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 Delaware (175th of 242), and 1,775th of 2,199 in information & media. In 2024, employees put in $5.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,341,123
Participants with balances163
Active participants165
Employer contributions$70,386
Employee contributions$386,020
Employer contribution per active participant$427
Average account balance$38,903
Benefits paid to participants$488,466
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.3M · 163 accts · $70K emplr
2023$5.6M · 143 accts · $61K emplr
2022$6.0M · 139 accts · $45K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,034
Investment management$7,497
Total administrative$26,531
The Independent Newsmedia Inc. USA 401(k) match · 2024
Employer contribution per active participant$427
Median for plans this size$1,313
2024$427 per active participant
2023$358 per active participant
2022$256 per active participant

Independent Newsmedia Inc. USA's 2024 employer contribution ran below the $1,313 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$18,634
NFP RETIREMENT INC · Investment advisory (plan)$7,554

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$26,531 · 0.44%
2023$26,385 · 0.45%
2022$31,066 · 0.53%
Same employer
Similar plansInformation & Media · Delaware
Pcs Retirement, LLC DE$30.3M · 0.05%
Infobase Holdings, Inc DE$29.7M · 0.18%
The N2 Company DE$17.8M · 0.80%
Hi. Q, Inc. DE$3.5M · 1.08%
Solo Global Inc. DE$3.2M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510072172 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.