Plan Ledger DOL Form 5500 · updated monthly

The Christian Broadcasting Network, Inc.401(k)

CBN 401(K) RETIREMENT PLAN · VIRGINIA BEACH, VA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

The Christian Broadcasting Network, Inc. reported $22,165 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 0.04% to 0.02%. 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 284th-largest of 2,266 plans among Virginia employers on file, and the 311th of 2,199 in information & media.

Plan summary
Net assets, end of year$100,419,731
Participants with balances1,084
Active participants1,248
Employer contributions$0
Employee contributions$3,319,125
Employer contribution per active participant$0
Average account balance$92,638
Benefits paid to participants$9,851,084
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$100.4M · 1,084 accts
2023$92.8M · 1,034 accts
2022$83.0M · 1,064 accts
Administrative expenses, itemized · 2024
Investment management$13,377
Audit (IQPA)$12,250
Total administrative$22,165
The The Christian Broadcasting Network, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$3,635

The Christian Broadcasting Network, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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 · 20244
MERRILL LYNCH · Investment advisory (plan)$44,000
PB MARES · Accounting / audit$12,250
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$5,675
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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$22,165 · 0.02%
2023$20,821 · 0.02%
2022$39,094 · 0.04%
Same employer
Similar plansInformation & Media · Virginia
Tns Inc VA$145.9M · 0.16%
Spok Holdings, Inc. VA$129.5M · 0.02%
Intellibridge, LLC VA$92.9M · 0.22%
Politico Media Group, LLC VA$86.4M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540678752 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.