Plan Ledger DOL Form 5500 · updated monthly

Morris Communications Company, LLC401(k)

MORRIS COMMUNICATIONS COMPANY EMPLOYEES' 401(K) PLAN · AUGUSTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

Morris Communications Company, LLC reported $366,040 in plan administrative expenses for 2024: 0.54% of average plan assets, higher than ~90% of peers. Employer contributions averaged $631 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 has held roughly steady near 0.54%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other information & media employers. By assets it is the 363rd-largest of 2,160 plans among Georgia employers on file, and the 404th of 2,199 in information & media. In 2024, employees put in $7.95 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$69,929,332
Participants with balances923
Active participants151
Employer contributions$95,315
Employee contributions$757,291
Employer contribution per active participant$631
Average account balance$75,763
Benefits paid to participants$6,389,035
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$69.9M · 923 accts · $95K emplr
2023$65.4M · 982 accts · $94K emplr
2022$63.0M · 1,053 accts · $101K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$273,559
Investment management$65,581
Audit (IQPA)$26,900
Total administrative$366,040
The Morris Communications Company, LLC 401(k) match · 2024
Employer contribution per active participant$631
Median for plans this size$3,635
2024$631 per active participant
2023$606 per active participant
2022$648 per active participant

Morris Communications Company, LLC's 2024 employer contribution ran below the $3,635 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 · 20243
JOHN HANCOCK · Recordkeeping · Loan processing$294,140
ALLIANT RETIREMENT SERVICES LLC · Investment advisory (plan)$45,000
ELLIOTT DAVIS, LLC · Accounting / audit$26,900

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$366,040 · 0.54%
2023$354,600 · 0.55%
2022$380,982 · 0.53%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 581093347 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.