Plan Ledger DOL Form 5500 · updated monthly

Vibes Media, LLC401(k)

VIBES MEDIA 401(K) PLAN & TRUST · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Vibes Media, LLC reported $36,601 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $2,766 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 rose from 0.06% to 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Illinois (2,118th of 3,702), and 7,004th of 11,654 in professional & technical services. In 2024, employees put in $3.77 for every $1.00 the employer contributed; active participation has shrunk from 106 to 95 since 2022.

Plan summary
Net assets, end of year$13,348,797
Participants with balances161
Active participants95
Employer contributions$262,759
Employee contributions$990,398
Employer contribution per active participant$2,766
Average account balance$82,912
Benefits paid to participants$931,717
Plan auditUnmodified (clean) audit opinion
AuditorFGMK
Plan history3
Yearassets · accounts · employer contribution
2024$13.3M · 161 accts · $263K emplr
2023$11.4M · 171 accts · $276K emplr
2022$9.2M · 184 accts · $309K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,484
Investment management$24,117
Total administrative$36,601
The Vibes Media, LLC 401(k) match · 2024
Employer contribution per active participant$2,766
Median for plans this size$2,416
2024$2,766 per active participant
2023$2,757 per active participant
2022$2,915 per active participant

Vibes Media, LLC's 2024 employer contribution ran above 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 · 20242
PLEXUS FINANCIAL SERVICES LLC · Investment advisory (plan)$23,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$12,484

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$36,601 · 0.30%
2023$29,805 · 0.29%
2022$5,801 · 0.06%
Similar plansProfessional & Technical Services · Illinois
All Campus LLC IL$13.5M · 0.37%
Network Data Systems, Inc. IL$13.4M · 0.04%
555 International Inc. IL$13.1M · 0.46%
D'Escoto, Inc. IL$13.1M · 0.52%
Revenue Well Systems, LLC IL$13.0M · 0.49%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 364245631 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.