Plan Ledger DOL Form 5500 · updated monthly

Music Reports, Inc.401(k)

MUSIC REPORTS, INC. 401K RETIREMENT PLAN · WOODLAND HILLS, CA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Music Reports, Inc. reported $850 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,368 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 rose from 0.00% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 4,363rd-largest of 9,483 plans among California employers on file, and 1,209th of 2,199 in information & media. In 2024, employees put in $1.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,184,445
Participants with balances115
Active participants109
Employer contributions$258,107
Employee contributions$466,917
Employer contribution per active participant$2,368
Average account balance$132,039
Benefits paid to participants$494,496
Plan auditUnmodified (clean) audit opinion
AuditorCORNICK GARBER & SANDLER LLP
Plan history3
Yearassets · accounts · employer contribution
2024$15.2M · 115 accts · $258K emplr
2023$13.1M · 119 accts · $258K emplr
2022$9.5M · 116 accts · $222K emplr
The Music Reports, Inc. 401(k) match · 2024
Employer contribution per active participant$2,368
Median for plans this size$2,416
2024$2,368 per active participant
2023$2,128 per active participant
2022$1,898 per active participant

Music Reports, Inc.'s 2024 employer contribution ran below the $2,416 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.

Service providers · 20247
T. ROWE PRICE RPS, INC. · Recordkeeping · Trustee$850
OAKMARK FUNDS · Investment managementindirect comp
NATIXIS FUNDS · Investment managementindirect comp
FIDELITY · Investment managementindirect comp
THORNBURG FUNDS · Investment managementindirect comp
PIMCO FUNDS · Investment managementindirect comp
INVESCO FUNDS · Investment managementindirect 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
2024T. Rowe Price
2023T. Rowe Price

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Administrative cost history3
2024$850 · 0.01%
2023$380 · 0.00%
2022$200 · 0.00%
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Source: U.S. Department of Labor, Form 5500 series, EIN 954545798 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.