Plan Ledger DOL Form 5500 · updated monthly

Nw Magazine LLC401(k)

NW MAGAZINE LLC 401(K) PLAN · NEW YORK, NY · plan year 2022

Reported admin expense ratio · 2022
0.06%

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

Nw Magazine LLC reported $600 in plan administrative expenses for 2022: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $999 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in New York (5,297th of 5,648), and 2,140th of 2,199 in information & media. In 2022, employees put in $3.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,189,407
Participants with balances79
Active participants114
Employer contributions$113,907
Employee contributions$414,224
Employer contribution per active participant$999
Average account balance$15,056
Benefits paid to participants$60,980
Plan auditUnmodified (clean) audit opinion
AuditorBUCHBINDER TURNICK & COMPANY, LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$600
Total administrative$600
The Nw Magazine LLC 401(k) match · 2022
Employer contribution per active participant$999
Median for plans this size$1,114

Nw Magazine LLC's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$600 · 0.06%
Similar plansInformation & Media · New York
Warc LLC C/O Informa PLC NY$1.3M · 0.87%
Sterling Staffing NY$1.2M · 1.12%
Media Sales Plus Inc NY$942K · 0.59%
United Telecom USA Inc. NY$501K · 0.08%
Arjay Telecommunications NY$455K · 0.40%
Zynga Inc. NY$293K · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 831979981 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.