Plan Ledger DOL Form 5500 · updated monthly

Schurz Communications, Inc.401(k)

SCHURZ COMMUNICATIONS, INC. 401(K) PLAN · MISHAWAKA, IN · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Schurz Communications, Inc. reported $136,557 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $2,692 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 0.17% to 0.15%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other information & media employers. By assets it is the 161st-largest of 1,562 plans among Indiana employers on file, and the 324th of 2,199 in information & media. In 2024, employees put in $2.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$94,696,060
Participants with balances1,031
Active participants504
Employer contributions$1,356,809
Employee contributions$3,970,695
Employer contribution per active participant$2,692
Average account balance$91,849
Benefits paid to participants$9,875,853
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$94.7M · 1,031 accts · $1.4M emplr
2023$86.0M · 1,100 accts · $1.3M emplr
2022$78.5M · 1,128 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$86,262
Investment management$32,000
Audit (IQPA)$18,295
Total administrative$136,557
The Schurz Communications, Inc. 401(k) match · 2024
Employer contribution per active participant$2,692
Median for plans this size$3,635
2024$2,692 per active participant
2023$2,620 per active participant
2022$2,412 per active participant

Schurz Communications, Inc.'s 2024 employer contribution ran below the $3,635 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$86,262
CAPITAL STRATEGIES INVESTMENT GROUP · Investment advisory (plan)$32,000
CROWE LLP · Accounting / audit$18,295

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$136,557 · 0.15%
2023$118,892 · 0.14%
2022$145,426 · 0.17%
Same employer
Similar plansInformation & Media · Indiana
Vm Consolidated, Inc. AZ$96.0M · 0.38%
Businessolver.com, Inc. IA$95.8M · 0.26%
Seismic Software, Inc CA$94.8M · 0.26%
O'Reilly Media, Inc. CA$94.5M · 0.22%
Niantic, Inc. CA$94.3M · 0.08%
Cogeco US Finance, LLC MA$94.0M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 350670960 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.