Plan Ledger DOL Form 5500 · updated monthly

The Daily Planet403(b)

THE DAILY PLANET 403(B) PLAN · RICHMOND, VA · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

The Daily Planet reported $20,547 in plan administrative expenses for 2024: 0.56% of average plan assets, above the peer median. Employer contributions averaged $1,146 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 1.12% to 0.56%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Virginia (1,894th of 2,266), and 8,370th of 11,911 in health care & social assistance. In 2024, employees put in $2.71 for every $1.00 the employer contributed; active participation has grown from 114 to 145 since 2022.

Plan summary
Net assets, end of year$4,258,341
Participants with balances119
Active participants145
Employer contributions$166,152
Employee contributions$450,576
Employer contribution per active participant$1,146
Average account balance$35,784
Benefits paid to participants$151,007
Plan auditUnmodified (clean) audit opinion
AuditorKEITER CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$4.3M · 119 accts · $166K emplr
2023$3.1M · 122 accts · $135K emplr
2022$2.7M · 115 accts · $117K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,547
Total administrative$20,547
The The Daily Planet 401(k) match · 2024
Employer contribution per active participant$1,146
Median for plans this size$1,313
2024$1,146 per active participant
2023$1,036 per active participant
2022$1,025 per active participant

The Daily Planet's 2024 employer contribution ran below the $1,313 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
NEWPORT GROUP, INC. · Recordkeeping · Custodial$8,429
CETERA INVESTMENT ADVISORS · Investment advisory (participants) · Investment advisory (plan)$12,298

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Nationwide

This plan has changed recordkeepers within these filings. If you left The Daily Planet before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$20,547 · 0.56%
2023$5,907 · 0.20%
2022$26,727 · 1.12%
Same employer
Similar plansHealth Care & Social Assistance · Virginia
Warm Hearth, Inc. VA$4.6M · 0.62%
New Hope Housing, Inc. VA$3.9M · 0.04%
Centralcare, Incorporated VA$3.9M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540900368 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.