Plan Ledger DOL Form 5500 · updated monthly

Sirius Xm Radio Inc.401(k)

SIRIUS XM RADIO 401(K) SAVINGS PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Sirius Xm Radio Inc. reported $515,018 in plan administrative expenses for 2024: 0.05% of average plan assets, below the peer median. Employer contributions averaged $4,224 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 0.06% to 0.05%. 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 116th-largest of 5,648 plans among New York employers on file, and the 50th of 2,199 in information & media. In 2024, employees put in $3.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,041,105,291
Participants with balances6,677
Active participants4,725
Employer contributions$19,957,154
Employee contributions$64,721,234
Employer contribution per active participant$4,224
Average account balance$155,924
Benefits paid to participants$98,803,652
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.0B · 6,677 accts · $20.0M emplr
2023$937.3M · 6,741 accts · $19.8M emplr
2022$798.7M · 6,747 accts · $19.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$301,231
Investment management$182,475
Trustee / custodial$31,312
Total administrative$515,018
The Sirius Xm Radio Inc. 401(k) match · 2024
Employer contribution per active participant$4,224
Median for plans this size$4,294
2024$4,224 per active participant
2023$4,129 per active participant
2022$3,878 per active participant

Sirius Xm Radio Inc.'s 2024 employer contribution ran below the $4,294 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Trustee (directed) · Loan processing$357,807
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$182,475

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$515,018 · 0.05%
2023$494,610 · 0.06%
2022$534,908 · 0.06%
Same employer
Similar plansInformation & Media · New York
Iac Inc. NY$1.6B · 0.05%
Yahoo Holdings Inc. NY$1.2B · 0.03%
Refinitiv US LLC NY$1.1B · 0.05%
Associated Press NY$881.1M · 0.06%
Informa USA, Inc. NY$763.3M · 0.09%
Scholastic Corporation NY$626.6M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521700207 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.