Plan Ledger DOL Form 5500 · updated monthly

Weigel Broadcasting Co.401(k)

WEIGEL BROADCASTING CO. EMPLOYEES PROFIT SHARING AND 401K PLAN AND TRUST · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Weigel Broadcasting Co. reported $130,239 in plan administrative expenses for 2024: 0.26% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,183 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 0.34% to 0.26%. 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 862nd-largest of 3,702 plans among Illinois employers on file, and the 488th of 2,199 in information & media. In 2024, employees put in $2.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$53,686,987
Participants with balances614
Active participants518
Employer contributions$1,130,880
Employee contributions$2,756,494
Employer contribution per active participant$2,183
Average account balance$87,438
Benefits paid to participants$3,464,206
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$53.7M · 614 accts · $1.1M emplr
2023$46.4M · 588 accts · $1.0M emplr
2022$36.1M · 570 accts · $951K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$72,511
Investment management$57,728
Total administrative$130,239
The Weigel Broadcasting Co. 401(k) match · 2024
Employer contribution per active participant$2,183
Median for plans this size$3,635
2024$2,183 per active participant
2023$2,085 per active participant
2022$2,014 per active participant

Weigel Broadcasting Co.'s 2024 employer contribution ran below the $3,635 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 · 20243
ONEAMERICA RETIREMENT SERVICES LLC · Recordkeeping · Loan processing$72,511
CREATIVE PLANNING LLC · Investment advisory (plan)$57,728
MATRIX TRUST COMPANY · Custodial (securities) · Trusteeindirect 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
2024OneAmerica
2023OneAmerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$130,239 · 0.26%
2023$120,426 · 0.29%
2022$133,766 · 0.34%
Same employer
Similar plansInformation & Media · Illinois
Sphera Solutions, Inc. IL$65.6M · 0.09%
Tyndale House Ministries IL$62.9M · 0.15%
Activecampaign, LLC IL$53.2M · 0.25%
Paddock Publications, Inc. IL$48.5M · 0.00%
Stats LLC IL$43.7M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362497545 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.