Plan Ledger DOL Form 5500 · updated monthly

Penny Publications, LLC401(k)

PENNY PUBLICATIONS, LLC 401(K) PLAN · NORWALK, CT · plan year 2024

Reported admin expense ratio · 2024
0.08%

Penny Publications, LLC reported $16,375 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. 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 0.13% to 0.08%. 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 the 547th-largest of 1,106 plans among Connecticut employers on file, and the 1,006th of 2,199 in information & media. active participation has shrunk from 154 to 129 since 2022.

Plan summary
Net assets, end of year$20,679,024
Participants with balances137
Active participants129
Employer contributions—
Employee contributions$952,521
Employer contribution per active participant—
Average account balance$150,942
Benefits paid to participants$1,582,488
Plan auditUnmodified (clean) audit opinion
AuditorVISCONTI, PITTALA & ASSOCIATES, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$20.7M · 137 accts
2023$18.3M · 147 accts
2022$15.6M · 148 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,375
Total administrative$16,375
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 · 20243
EMPOWER ANNUITY INS CO OF AMERICA · Recordkeeping$15,281
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$1,094
MERRILL LYNCH · Insurance brokerindirect comp

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$16,375 · 0.08%
2023$25,306 · 0.15%
2022$22,231 · 0.13%
Same employer
Similar plansInformation & Media · Connecticut
Connoisseur Media, LLC CT$38.3M · 0.13%
The Taunton Press, Inc. CT$30.6M · 0.19%
Rfs Technologies Inc. CT$29.1M · 0.17%
Telaid Industries, Inc. CT$20.6M · 0.20%
Broadcastmed, Inc. CT$16.1M · 0.65%
The Day Publishing Company CT$15.9M · 0.07%
Toluna USA, Inc CT$15.4M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061533995 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.