Plan Ledger DOL Form 5500 · updated monthly

Webtoon Entertainment, Inc.401(k)

WEBTOON ENTERTAINMENT, INC RETIREMENT PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.61%

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

Webtoon Entertainment, Inc. reported $31,067 in plan administrative expenses for 2024: 0.61% of average plan assets, above the peer median. Employer contributions averaged $5,263 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 0.05% to 0.61%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in California (6,605th of 9,483), and 1,794th of 2,199 in information & media. In 2024, employees put in $1.36 for every $1.00 the employer contributed; active participation has shrunk from 204 to 133 since 2022.

Plan summary
Net assets, end of year$6,169,087
Participants with balances138
Active participants133
Employer contributions$699,937
Employee contributions$950,096
Employer contribution per active participant$5,263
Average account balance$44,704
Benefits paid to participants$296,726
Plan auditUnmodified (clean) audit opinion
AuditorKLICHS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$6.2M · 138 accts · $700K emplr
2023$4.1M · 132 accts · $689K emplr
2022$2.6M · 136 accts · $602K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,281
Investment management$19,786
Total administrative$31,067
The Webtoon Entertainment, Inc. 401(k) match · 2024
Employer contribution per active participant$5,263
Median for plans this size$1,313
2024$5,263 per active participant
2023$4,918 per active participant
2022$2,953 per active participant

Webtoon Entertainment, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20243
MORGAN STANLEY SMITH BARNEY · Recordkeeping · Trustee$19,786
ADP, INC. · Loan processing · Recordkeeping$11,282
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, Morgan Stanley
2023ADP, Morgan Stanley

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Administrative cost history3
2024$31,067 · 0.61%
2023$18,501 · 0.55%
2022$1,022 · 0.05%
Same employer
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Workramp, Inc. CA$6.3M · 0.12%
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Labelbox, Inc. CA$6.3M · 0.02%
Machinify, Inc. CA$6.2M · 0.12%
Sidecar Health, Inc. CA$6.0M · 0.79%
Lilt, Inc. CA$6.0M · 0.01%
Callisto Media, Inc. CA$6.0M · 0.85%

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Source: U.S. Department of Labor, Form 5500 series, EIN 813830533 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.