Plan Ledger DOL Form 5500 · updated monthly

Nrg Media, LLC401(k)

NRG MEDIA, LLC 401(K) PLAN · CEDAR RAPIDS, IA · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Nrg Media, LLC reported $28,785 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $386 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 0.13% to 0.24%. 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 among the smaller plans on file in Iowa (539th of 878), and 1,359th of 2,199 in information & media. In 2024, employees put in $9.79 for every $1.00 the employer contributed; active participation has shrunk from 233 to 191 since 2022.

Plan summary
Net assets, end of year$12,284,815
Participants with balances247
Active participants191
Employer contributions$73,682
Employee contributions$721,491
Employer contribution per active participant$386
Average account balance$49,736
Benefits paid to participants$2,198,294
Plan auditUnmodified (clean) audit opinion
AuditorDAHM, KNAPP & ASSOCIATES, PC
Plan history3
Yearassets · accounts · employer contribution
2024$12.3M · 247 accts · $74K emplr
2023$12.2M · 394 accts · $81K emplr
2022$10.2M · 383 accts · $80K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,285
Audit (IQPA)$23,500
Total administrative$28,785
The Nrg Media, LLC 401(k) match · 2024
Employer contribution per active participant$386
Median for plans this size$2,416
2024$386 per active participant
2023$351 per active participant
2022$342 per active participant

Nrg Media, LLC's 2024 employer contribution ran below the $2,416 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
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$5,285
DAHM, KNAPP & ASSOCIATES, PC · Accounting / audit$23,500

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$28,785 · 0.24%
2023$15,122 · 0.14%
2022$15,385 · 0.13%
Same employer
Similar plansInformation & Media · Iowa
Kingland Systems, LLC IA$32.0M · 0.04%
Imon Communications, LLC IA$12.8M · 0.56%
Carrier Access Inc. IA$7.1M · 0.01%
Communication Data Link IA$1.0M · 1.56%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 562501807 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.