Plan Snapshot
- Plan Sponsor: Audacy INC.
- Sponsor EIN: 231701044
- Sponsor Address: 2400 MARKET STREET, 4TH FLOOR, PHILADELPHIA, PA, 19103
- Plan Type: 401(k)
- Total Participants: 3,848
- Total Assets: $819.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 3,848 | $819.5M | $7.7M | $32.9M |
| 2023 | 4,008 | $758.6M | $8.0M | $32.1M |
| 2022 | 4,016 | $673.0M | $7.4M | $30.9M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| VANGUARD ADVISERS INC. | NONE | $259,553 | — | $259,553 |
| THE VANGUARD GROUP, INC. | NONE | $219,069 | — | $219,069 |
| CAPTRUST | NONE | $99,000 | — | $99,000 |
| BAKER TILLY US LLP | NONE | $7,558 | — | $7,558 |
| BAKER TILLY US, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- VANGUARD ADVISERS INC. — NONE
- THE VANGUARD GROUP, INC. — NONE
- CAPTRUST — NONE
- BAKER TILLY US LLP — NONE
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $585,180
- Estimated Expense Ratio: 0.071% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $575,776 | — | — | — | — |
| 2023 | $587,994 | — | — | — | — |
| 2022 | $648,092 | — | — | — | — |