Plan Ledger DOL Form 5500 · updated monthly

Southern Newspapers, Inc.401(k)

SOUTHERN NEWSPAPERS, INC. EMPLOYEES' 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Southern Newspapers, Inc. reported $8,656 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,932 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 0.09% to 0.05%. 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 2,090th-largest of 5,688 plans among Texas employers on file, and the 1,048th of 2,199 in information & media. In 2024, employees put in $1.43 for every $1.00 the employer contributed; active participation has shrunk from 308 to 255 since 2022.

Plan summary
Net assets, end of year$19,178,827
Participants with balances390
Active participants255
Employer contributions$492,611
Employee contributions$705,441
Employer contribution per active participant$1,932
Average account balance$49,176
Benefits paid to participants$2,858,345
Plan auditUnmodified (clean) audit opinion
AuditorDISHONGH JANKOWSKI & EUBANK, PC
Plan history3
Yearassets · accounts · employer contribution
2024$19.2M · 390 accts · $493K emplr
2023$18.7M · 426 accts · $505K emplr
2022$16.3M · 455 accts · $519K emplr
Administrative expenses, itemized · 2024
Investment management$150
Trustee / custodial$8,506
Total administrative$8,656
The Southern Newspapers, Inc. 401(k) match · 2024
Employer contribution per active participant$1,932
Median for plans this size$2,416
2024$1,932 per active participant
2023$1,792 per active participant
2022$1,686 per active participant

Southern Newspapers, Inc.'s 2024 employer contribution ran below 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 · 20241
BOKF, NA · Custodial (securities) · Trustee$8,656

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$8,656 · 0.05%
2023$21,924 · 0.13%
2022$15,562 · 0.09%
Same employer
Similar plansInformation & Media · Texas
One Technologies, LLC TX$20.2M · 0.35%
Flosports, Inc. TX$19.8M · 0.77%
EX2 Solutions, Inc. TX$19.4M · 0.17%
Specialists on Call, Inc. TX$18.9M · 0.28%
Management Controls, Inc. TX$18.9M · 0.46%
Logix Communications, LP TX$18.5M · 0.03%
Cpanel, LLC. TX$18.0M · 0.19%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 741674526 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.