Plan Ledger DOL Form 5500 · updated monthly

National Association of Broadcasters401(k)

NATIONAL ASSOCIATION OF BROADCASTERS 401(K) THRIFT & SAVINGS PLAN · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

National Association of Broadcasters reported $77,839 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $6,130 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 0.18% to 0.16%. 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 166th-largest of 618 plans among District of Columbia employers on file, and the 493rd of 2,199 in information & media. In 2024, employees put in $2.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$53,234,414
Participants with balances207
Active participants113
Employer contributions$692,690
Employee contributions$1,960,407
Employer contribution per active participant$6,130
Average account balance$257,171
Benefits paid to participants$2,670,865
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$53.2M · 207 accts · $693K emplr
2023$45.6M · 205 accts · $635K emplr
2022$37.1M · 200 accts · $629K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$67,373
Investment management$10,466
Total administrative$77,839
The National Association of Broadcasters 401(k) match · 2024
Employer contribution per active participant$6,130
Median for plans this size$2,416
2024$6,130 per active participant
2023$5,379 per active participant
2022$5,714 per active participant

National Association of Broadcasters's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20241
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$77,839

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$77,839 · 0.16%
2023$64,949 · 0.16%
2022$73,830 · 0.18%
Same employer
Similar plansInformation & Media · District of Columbia
Cogent Communications, Inc. DC$88.8M · 0.11%
Rfe/Rl, Inc. DC$58.5M · 0.36%
Inmarsat, Inc. DC$51.7M · 0.15%
Mapbox DC$41.6M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 530114600 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.