Plan Ledger DOL Form 5500 · updated monthly

Ny Daily News Enterprises, LLC401(k)

NEW YORK DAILY NEWS 401(K) PLAN · SADDLE BROOK, NJ · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Ny Daily News Enterprises, LLC reported $8,288 in plan administrative expenses for 2024: 0.13% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,015 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 fell from 0.26% to 0.13%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in New Jersey (1,727th of 2,419), and 1,708th of 2,199 in information & media. In 2024, employees put in $2.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,121,747
Participants with balances115
Active participants95
Employer contributions$286,430
Employee contributions$571,766
Employer contribution per active participant$3,015
Average account balance$61,928
Benefits paid to participants$443,240
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$7.1M · 115 accts · $286K emplr
2022$4.3M · 86 accts · $243K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,413
Total administrative$8,288
The Ny Daily News Enterprises, LLC 401(k) match · 2024
Employer contribution per active participant$3,015
Median for plans this size$1,313
2024$3,015 per active participant
2022$2,964 per active participant

Ny Daily News Enterprises, LLC's 2024 employer contribution ran above the $1,313 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 · 20241
ASCENSUS LLC · Recordkeeping · Loan processing$8,288

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

Administrative cost history2
2024$8,288 · 0.13%
2022$9,125 · 0.26%
Same employer
Similar plansInformation & Media · New Jersey
Spectrotel Holding Co. LLC NJ$12.0M · 0.15%
Johnston G.P., Inc. NJ$11.8M · 0.68%
Parachute Health, LLC NJ$10.1M · 0.08%
Peoplestrategy, Inc. NJ$6.8M · 0.55%
Leap Group Holdings, Inc. NJ$5.8M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 863584090 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.