Plan Ledger DOL Form 5500 · updated monthly

Patriot Communications LLC401(k)

PATRIOT COMMUNICATIONS - US INTERNATIONAL MEDIA RETIREMENT PLAN · LOS ANGELES, CA · plan year 2023

Reported admin expense ratio · 2023
0.47%

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

Patriot Communications LLC reported $56,379 in plan administrative expenses for 2023: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $919 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 1 year on file its reported administrative ratio rose from 0.39% to 0.47%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in California (4,855th of 9,483), and 1,343rd of 2,199 in information & media. In 2023, employees put in $9.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,575,551
Participants with balances167
Active participants103
Employer contributions$94,690
Employee contributions$921,175
Employer contribution per active participant$919
Average account balance$75,303
Benefits paid to participants$1,635,981
Plan auditUnmodified (clean) audit opinion
AuditorLANCE, SOLL & LUNGHARD,LLP
Plan history2
Yearassets · accounts · employer contribution
2023$12.6M · 167 accts · $95K emplr
2022$11.5M · 175 accts · $73K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$10,963
Investment management$45,416
Total administrative$56,379
The Patriot Communications LLC 401(k) match · 2023
Employer contribution per active participant$919
Median for plans this size$2,440
2023$919 per active participant
2022$645 per active participant

Patriot Communications LLC's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
BURNHAM GIBSON WEALTH ADVISORS LLC · Investment advisory (plan)$42,636
EMPOWER ADVISORY GROUP, LLC · Investment management$2,780

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

Administrative cost history2
2023$56,379 · 0.47%
2022$48,881 · 0.39%
Same employer
Similar plansInformation & Media · California
Medata, Inc. CA$12.9M · 0.21%
Measurabl, Inc. CA$12.6M · 0.85%
Vendasta USA Inc. CA$12.6M · 0.18%
Lumos Labs, Inc. CA$12.6M · 0.15%
Iyuno USA Inc. CA$12.6M · 0.48%
Celerium Inc. CA$12.6M · 0.63%
Evalueserve Inc. CA$12.4M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954720443 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.