Plan Ledger DOL Form 5500 · updated monthly

Paramount Global401(k) + ESOP (KSOP)

PARAMOUNT GLOBAL 401(K) PLAN (FKA VIACOMCBS 401(K) PLAN) · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Paramount Global reported $7,296,603 in plan administrative expenses for 2024: 0.12% of average plan assets, higher than ~75% of peers. Employer contributions averaged $8,822 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 3 years on file its reported administrative ratio has held roughly steady near 0.12%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other information & media employers. By assets it is the 19th-largest of 5,648 plans among New York employers on file, and the 16th of 2,199 in information & media. In 2024, employees put in $1.43 for every $1.00 the employer contributed; active participation has shrunk from 18,607 to 15,335 since 2022.

Plan summary
Net assets, end of year$6,353,425,177
Participants with balances31,614
Active participants15,335
Employer contributions$135,285,248
Employee contributions$193,131,477
Employer contribution per active participant$8,822
Average account balance$200,969
Benefits paid to participants$916,647,290
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.4B · 31,614 accts · $135.3M emplr
2023$6.1B · 34,324 accts · $139.7M emplr
2022$5.4B · 35,582 accts · $135.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$580,025
Investment management$5,810,289
Total administrative$7,296,603
The Paramount Global 401(k) match · 2024
Employer contribution per active participant$8,822
Median for plans this size$5,259
2024$8,822 per active participant
2023$7,867 per active participant
2022$7,254 per active participant

Paramount Global's 2024 employer contribution ran above the $5,259 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 · 20245
FINANCIAL ENGINES · Investment advisory (plan)$2,349,175
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$582,244
STATE STREET GLOBAL ADVISORS · Consulting · Other services$100,000
AON INVESTMENTS · Consulting$85,500
HARTER SECREST & EMERY LLP · Consulting · Legal$29,666

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$7,296,603 · 0.12%
2023$6,825,419 · 0.12%
2022$6,750,417 · 0.11%
Same employer
Similar plansInformation & Media · New York
Cox Enterprises, Inc. GA$8.1B · 0.07%
Lumen Technologies, Inc. LA$7.3B · 0.02%
Adobe Inc. CA$5.0B · 0.02%
Relx Inc. NY$4.8B · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042949533 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.