Plan Ledger DOL Form 5500 · updated monthly

Public Broadcasting Service403(b)

PUBLIC BROADCASTING SERVICE DEFINED CONTRIBUTION RETIREMENT PLAN · ARLINGTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Public Broadcasting Service reported $66,317 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $9,279 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 rose from 0.01% to 0.03%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other information & media employers. By assets it is the 126th-largest of 2,266 plans among Virginia employers on file, and the 151st of 2,199 in information & media. In 2024, employees put in $1.16 for every $1.00 the employer contributed; active participation has grown from 585 to 652 since 2022.

Plan summary
Net assets, end of year$264,287,534
Participants with balances1,543
Active participants652
Employer contributions$6,049,802
Employee contributions$7,038,215
Employer contribution per active participant$9,279
Average account balance$171,282
Benefits paid to participants$18,647,305
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$264.3M · 1,543 accts · $6.0M emplr
2023$237.9M · 1,766 accts · $5.4M emplr
2022$217.9M · 1,726 accts · $4.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$56,524
Investment management$9,793
Total administrative$66,317
Employer contributions to the Public Broadcasting Service plan · 2024
Employer contribution per active participant$9,279
Median for plans this size$4,294
2024$9,279 per active participant
2023$6,012 per active participant
2022$7,948 per active participant

Public Broadcasting Service's 2024 employer contribution ran above the $4,294 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 · 20242
FID INV INST OPS CO · Loan processing$56,524
STRATEGIC ADVISORS · Investment advisory (plan)$9,793

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$66,317 · 0.03%
2023$17,859 · 0.01%
2022$26,042 · 0.01%
Same employer
Similar plansInformation & Media · Virginia
Bloomberg Industry Grp VA$447.0M · 0.04%
Dominion Enterprises VA$337.4M · 0.05%
Cvent, Inc. VA$240.6M · 0.10%
Alarm.com Holdings, Inc VA$198.5M · 0.12%
Surescripts, LLC VA$179.1M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520899215 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.