Plan Ledger DOL Form 5500 · updated monthly

News/Media Alliance401(k)

NEWSPAPER ASSOCIATION OF AMERICA 401(K) PLAN · ARLINGTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

News/Media Alliance reported $53,384 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $13,058 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 0.18% to 0.30%. 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 1,018th-largest of 2,266 plans among Virginia employers on file, and the 1,050th of 2,199 in information & media. In 2024, employees put in $1.16 for every $1.00 the employer contributed; active participation has shrunk from 44 to 27 since 2022.

Plan summary
Net assets, end of year$19,111,344
Participants with balances106
Active participants27
Employer contributions$352,563
Employee contributions$409,557
Employer contribution per active participant$13,058
Average account balance$180,296
Benefits paid to participants$1,452,538
Plan auditUnmodified (clean) audit opinion
AuditorGELMAN ROSENBERG & FREEDMAN
Plan history3
Yearassets · accounts · employer contribution
2024$19.1M · 106 accts · $353K emplr
2023$16.3M · 120 accts · $307K emplr
2022$13.0M · 114 accts · $275K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,384
Total administrative$53,384
The News/Media Alliance 401(k) match · 2024
Employer contribution per active participant$13,058
Median for plans this size$2,416
2024$13,058 per active participant
2023$9,026 per active participant
2022$6,247 per active participant

News/Media Alliance'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 · 20242
FIDELITY INV. INST. OPER. CO., LLC. · Loan processing$27,660
KESTRA INVESTMENT SERVICES LLC · Investment advisory (plan)$25,724

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$53,384 · 0.30%
2023$40,086 · 0.27%
2022$27,586 · 0.18%
Similar plansInformation & Media · Virginia
Ita International, LLC VA$23.5M · 0.32%
China Telecom Americas VA$22.3M · 0.27%
Snag Holdings, Inc. VA$21.9M · 0.44%
Projection, Inc. VA$19.3M · 0.48%
Resonate Networks VA$18.5M · 0.17%
Gridpoint, Inc. VA$18.3M · 0.28%
Ovh US LLC VA$17.5M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 130433220 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.