Plan Ledger DOL Form 5500 · updated monthly

Warner Media, LLC401(k)

WARNERMEDIA 401(K) SAVINGS PLAN · NEW YORK, NY · plan year 2022

Reported admin expense ratio · 2022
0.02%

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

Warner Media, LLC reported $1,043,301 in plan administrative expenses for 2022: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,123 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.

The plan sits in the over $1B size bracket, benchmarked here against 1,066 comparable plans and shown alongside other management of companies employers. By assets it is the 16th-largest of 5,648 plans among New York employers on file, and the 9th of 786 in management of companies. In 2022, employees put in $1.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,698,439,518
Participants with balances37,223
Active participants18,781
Employer contributions$96,205,809
Employee contributions$136,624,874
Employer contribution per active participant$5,123
Average account balance$179,954
Benefits paid to participants$357,454,615
Plan auditUnmodified (clean) audit opinion
AuditorMOSS ADAMS
The Warner Media, LLC 401(k) match · 2022
Employer contribution per active participant$5,123
Median for plans this size$4,897

Warner Media, LLC's 2022 employer contribution ran above the $4,897 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$1,043,301 · 0.02%
Similar plansManagement of Companies · New York
The Allstate Corporation TX$7.6B · 0.11%
State Street Corporation MA$6.5B · 0.04%
Geico Corporation DC$6.2B · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 822449954 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.