Plan Snapshot
- Plan Sponsor: Penske Media Corporation
- Sponsor EIN: 202501010
- Sponsor Address: 11175 SANTA MONICA BOULEVARD, LOS ANGELES, CA, 90025
- Plan Type: 401(k)
- Total Participants: 1,283
- Total Assets: $126.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 1,283 | $126.2M | $2.9M | $12.3M |
| 2023 | 1,211 | $96.4M | $2.7M | $10.3M |
| 2022 | 1,189 | $72.1M | $2.2M | $9.1M |
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 |
|---|---|---|---|---|
| CROWE LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $309,146 | $101,151 | $207,995 | — | — |
| 2023 | $241,730 | $90,808 | $150,922 | — | — |
| 2022 | $201,306 | — | — | — | $201,306 |