Plan Snapshot
- Plan Sponsor: Gray Media INC.
- Sponsor EIN: 580285030
- Sponsor Address: 4370 PEACHTREE ROAD, NE, ATLANTA, GA, 30319
- Plan Type: 401(k)
- Total Participants: 8,554
- Total Assets: $657.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 8,554 | $657.1M | $38.1M | $45.8M |
| 2023 | 8,562 | $576.0M | $35.1M | $43.1M |
| 2022 | 8,105 | $465.6M | $24.1M | $39.6M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | NONE | $831,197 | — | $831,197 |
| EMPOWER ADVISORY GROUP, LLC | NONE | $447,831 | — | $447,831 |
| WARREN AVERETT | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WARREN AVERETT — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,279,028
- Estimated Expense Ratio: 0.195% 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 | $1,279,028 | $447,831 | — | — | — |
| 2023 | $1,110,152 | $507,550 | — | — | — |
| 2022 | $1,171,231 | $549,597 | $621,634 | — | — |