Plan Ledger DOL Form 5500 · updated monthly

The Knot Worldwide401(k)

THE KNOT WORLDWIDE 401K PLAN · CHEVY CHASE, MD · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

The Knot Worldwide reported $173,806 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $1,346 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 0.26% to 0.21%. 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 196th-largest of 1,671 plans among Maryland employers on file, and the 350th of 2,199 in information & media. In 2024, employees put in $8.88 for every $1.00 the employer contributed; active participation has shrunk from 983 to 823 since 2022.

Plan summary
Net assets, end of year$86,271,839
Participants with balances1,357
Active participants823
Employer contributions$1,108,095
Employee contributions$9,843,671
Employer contribution per active participant$1,346
Average account balance$63,575
Benefits paid to participants$13,879,569
Plan auditUnmodified (clean) audit opinion
AuditorCITRIN COOPERMAN AND COMPANY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$86.3M · 1,357 accts · $1.1M emplr
2023$76.2M · 1,449 accts · $1.1M emplr
2022$57.5M · 1,477 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$173,806
Total administrative$173,806
The The Knot Worldwide 401(k) match · 2024
Employer contribution per active participant$1,346
Median for plans this size$3,635
2024$1,346 per active participant
2023$1,195 per active participant
2022$1,028 per active participant

The Knot Worldwide'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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$173,806
KESTRA ADVISORY SERVICES, LLC · Investment advisory (plan)indirect 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$173,806 · 0.21%
2023$149,240 · 0.22%
2022$158,876 · 0.26%
Same employer
Similar plansInformation & Media · Maryland
Tenable Inc. MD$202.6M · 0.06%
Urban One, Inc. MD$84.6M · 0.09%
Prometric LLC MD$81.5M · 0.21%
Marketwise Solutions LLC MD$76.7M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 743207805 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.