Plan Ledger DOL Form 5500 · updated monthly

Nep Broadcasting, LLC401(k)

NEP BROADCASTING, LLC 401(K) PLAN · PITTSBURGH, PA · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Nep Broadcasting, LLC reported $242,474 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $1,949 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 0.08% to 0.12%. 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 269th-largest of 3,651 plans among Pennsylvania employers on file, and the 179th of 2,199 in information & media. In 2024, employees put in $4.25 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$216,434,584
Participants with balances2,005
Active participants1,717
Employer contributions$3,347,124
Employee contributions$14,232,021
Employer contribution per active participant$1,949
Average account balance$107,947
Benefits paid to participants$18,622,609
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$216.4M · 2,005 accts · $3.3M emplr
2023$188.6M · 1,910 accts · $3.4M emplr
2022$154.0M · 1,794 accts · $3.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$159,974
Investment management$82,500
Total administrative$242,474
The Nep Broadcasting, LLC 401(k) match · 2024
Employer contribution per active participant$1,949
Median for plans this size$3,635
2024$1,949 per active participant
2023$1,943 per active participant
2022$1,893 per active participant

Nep Broadcasting, 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$159,974
CAPFINANCIAL PARTNERS, LLC · Consulting · Investment advisory (plan)$82,500

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$242,474 · 0.12%
2023$161,896 · 0.09%
2022$140,632 · 0.08%
Similar plansInformation & Media · Pennsylvania
Audacy Inc. PA$819.5M · 0.07%
Bentley Systems, Inc. PA$628.0M · 0.08%
Vertex, Inc. PA$445.2M · 0.04%
Grant Street Group, Inc. PA$75.8M · 0.01%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 251869517 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.