Plan Ledger DOL Form 5500 · updated monthly

Portfolio Media, Inc.401(k)

PORTFOLIO MEDIA, INC. 401(K) P/S PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Portfolio Media, Inc. reported $125,078 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,502 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 0.56% to 0.51%. 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 2,189th-largest of 5,648 plans among New York employers on file, and the 879th of 2,199 in information & media. In 2024, employees put in $2.72 for every $1.00 the employer contributed; active participation has shrunk from 416 to 313 since 2022.

Plan summary
Net assets, end of year$25,185,400
Participants with balances405
Active participants313
Employer contributions$783,169
Employee contributions$2,131,312
Employer contribution per active participant$2,502
Average account balance$62,186
Benefits paid to participants$1,073,945
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.2M · 405 accts · $783K emplr
2023$24.3M · 478 accts · $888K emplr
2022$18.5M · 465 accts · $832K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,378
Investment management$77,700
Total administrative$125,078
The Portfolio Media, Inc. 401(k) match · 2024
Employer contribution per active participant$2,502
Median for plans this size$2,416
2024$2,502 per active participant
2023$2,126 per active participant
2022$2,001 per active participant

Portfolio Media, Inc.'s 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
EMPOWER LIFE & ANNUITY INSURANCE CO · Loan processing · Recordkeeping$47,378
KESTRA ADVISORY SERVICES LLC · Investment advisory (plan)$57,990
EMPOWER ADVISORY GROUP, LLC · Investment management · Investment advisory (participants)$19,710

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

Recordkeeper by year2
2024Empower
2023Empower

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$125,078 · 0.51%
2023$104,192 · 0.49%
2022$107,350 · 0.56%
Same employer
Similar plansInformation & Media · New York
Noom, Inc. NY$26.8M · 0.54%
Bloomsbury Publishing Inc. NY$25.3M · 0.45%
Ramp Business Corporation NY$24.5M · 0.03%
Payfone, Inc. NY$23.6M · 0.59%
Value Line Inc NY$23.4M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841660943 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.