Plan Ledger DOL Form 5500 · updated monthly

IV Media LLC401(k)

IV MEDIA LLC 401(K) RETIREMENT PLAN · EDEN PRAIRIE, MN · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

IV Media LLC reported $178,843 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $630 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 rose from 0.36% to 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 539th-largest of 1,918 plans among Minnesota employers on file, and the 717th of 5,215 in retail trade. In 2024, employees put in $6.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$44,578,600
Participants with balances955
Active participants460
Employer contributions$289,820
Employee contributions$1,879,613
Employer contribution per active participant$630
Average account balance$46,679
Benefits paid to participants$7,677,397
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$44.6M · 955 accts · $290K emplr
2023$44.3M · 987 accts · $483K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$71,938
Investment management$38,117
Audit (IQPA)$68,788
Total administrative$178,843
The IV Media LLC 401(k) match · 2024
Employer contribution per active participant$630
Median for plans this size$2,416
2024$630 per active participant
2023$911 per active participant

IV Media LLC's 2024 employer contribution ran below the $2,416 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 · 20245
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$71,938
GRANT THORNTON, LLP · Accounting / audit$68,788
SAGEVIEW ADVISORY GROUP · Investment advisory (plan)$38,000
CHARLES SCHWAB & CO., INC. · Securities brokerage$117
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$178,843 · 0.40%
2023$153,746 · 0.36%
Similar plansRetail Trade · Minnesota
Maplewood Motors, LLC MN$49.3M · 0.05%
Twin Cities Automotive, LLC MN$48.1M · 0.25%
Scherer Bros Lumber Co MN$47.7M · 0.01%
Imedia Brands, Inc. MN$40.6M · 0.40%
L & M Supply, Inc. MN$40.4M · 0.40%
Bachman's Inc. MN$39.1M · 0.15%
Apple Valley Ford, Inc. MN$33.9M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 932638679 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.