Plan Ledger DOL Form 5500 · updated monthly

Nc Transaction, Inc.401(k)

NEWS CORP 401(K) SAVINGS PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Nc Transaction, Inc. reported $1,367,142 in plan administrative expenses for 2024: 0.04% of average plan assets, below the peer median. Employer contributions averaged $6,561 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 0.03% to 0.04%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other information & media employers. By assets it is the 45th-largest of 5,648 plans among New York employers on file, and the 23rd of 2,199 in information & media. In 2024, employees put in $1.85 for every $1.00 the employer contributed; active participation has shrunk from 8,910 to 8,014 since 2022.

Plan summary
Net assets, end of year$3,658,983,044
Participants with balances13,837
Active participants8,014
Employer contributions$52,580,798
Employee contributions$97,269,556
Employer contribution per active participant$6,561
Average account balance$264,435
Benefits paid to participants$297,092,785
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.7B · 13,837 accts · $52.6M emplr
2023$3.2B · 14,207 accts · $52.3M emplr
2022$2.8B · 14,768 accts · $51.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$584,356
Investment management$255,314
Audit (IQPA)$130,488
Total administrative$1,367,142
The Nc Transaction, Inc. 401(k) match · 2024
Employer contribution per active participant$6,561
Median for plans this size$5,259
2024$6,561 per active participant
2023$6,324 per active participant
2022$5,735 per active participant

Nc Transaction, Inc.'s 2024 employer contribution ran above the $5,259 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
FIDELITY INV. INST. OPER. CO., INC. · Loan processing$608,927
THOMPSON HINE LLP · Legal$366,984
DIMEO SCHNEIDER & ASSOCIATES LLC · Investment advisory (plan)$168,299
ERNST & YOUNG LLP · Accounting / audit$118,938
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$87,015
MERCER INVESTMENTS LLC · Consulting$30,000
MOSS ADAMS LLP · Accounting / audit$11,550

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$1,367,142 · 0.04%
2023$1,124,386 · 0.04%
2022$969,520 · 0.03%
Same employer
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Paramount Global NY$6.4B · 0.12%
Relx Inc. NY$4.8B · 0.05%
Fox Corporation NY$2.5B · 0.02%
Bertelsmann, Inc. NY$2.0B · 0.04%
Csc Holdings, LLC NY$1.9B · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461138762 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.