Plan Snapshot
- Plan Sponsor: Iheart Communications, INC.
- Sponsor EIN: 741787539
- Sponsor Address: RETIREMENT BENEFITS DEPARTMENT, DALLAS, TX, 75219
- Plan Type: DC
- Total Participants: 647
- Total Assets: $41.9M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- 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 | 647 | $41.9M | $0 | $1.9M |
| 2023 | 584 | $36.8M | $0 | $1.8M |
| 2022 | 598 | $30.1M | $0 | $1.7M |
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 |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | $10,079 | — | $10,079 |
| BAKER TILLY US, LLP | ACCOUNTANT/AUDITOR | $8,663 | — | $8,663 |
| NFB RETIREMENT INC | CONSULTANT | $5,000 | — | $5,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — ADVISOR
- BAKER TILLY US, LLP — ACCOUNTANT/AUDITOR
- NFB RETIREMENT INC — CONSULTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $23,742
- Estimated Expense Ratio: 0.057% 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 | $16,393 | $10,079 | $1,200 | $8,663 | — |
| 2023 | $8,153 | $8,806 | — | — | — |
| 2022 | $16,428 | $10,485 | — | — | — |