Plan Ledger DOL Form 5500 · updated monthly

The Daily Beast Company LLC401(k)

THE DAILY BEAST COMPANY EMPLOYEES' SAVINGS PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

The Daily Beast Company LLC reported $33,925 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $4,657 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 3 years on file its reported administrative ratio has held roughly steady near 0.29%. 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 among the smaller plans on file in New York (3,290th of 5,648), and 1,364th of 2,199 in information & media. In 2024, employees put in $2.12 for every $1.00 the employer contributed; active participation has shrunk from 127 to 66 since 2022.

Plan summary
Net assets, end of year$12,240,079
Participants with balances152
Active participants66
Employer contributions$307,345
Employee contributions$652,540
Employer contribution per active participant$4,657
Average account balance$80,527
Benefits paid to participants$1,806,709
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$12.2M · 152 accts · $307K emplr
2023$11.3M · 167 accts · $363K emplr
2022$9.6M · 180 accts · $344K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,925
Total administrative$33,925
The The Daily Beast Company LLC 401(k) match · 2024
Employer contribution per active participant$4,657
Median for plans this size$2,416
2024$4,657 per active participant
2023$3,359 per active participant
2022$2,707 per active participant

The Daily Beast Company LLC's 2024 employer contribution ran above the $2,416 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 · 20241
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$33,925

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024The Standard
2023The Standard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$33,925 · 0.29%
2023$28,894 · 0.28%
2022$29,497 · 0.28%
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Source: U.S. Department of Labor, Form 5500 series, EIN 800626724 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.