# Penske Media Corporation 401(k) Plan
Source: https://planprovider.pro/companies/penske-media-corporation-401k-plan

> Penske Media Corporation's 401(k) plan: 1,283 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|

| MERRILL LYNCH-EPS|RESITERED INV ADVISORY|$52,299|—|$52,299|

| MERRILL LYNCH-FAS|RESITERED INV ADVISORY|$48,852|—|$48,852|

| JOHN HANCOCK LIFE INSURANCE COMPANY|RECORDKEEPER|$12,790|—|$12,790|

| THE PARAGON ALLIANCE GROUP LLC|TPA FEES|$11,900|—|$11,900|

| CROWE LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [JOHN HANCOCK LIFE INSURANCE COMPANY](https://planprovider.pro/provider/john-hancock) — RECORDKEEPER

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $125,841

- **Estimated Expense Ratio:** 0.100% 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|$309,146|$101,151|$207,995|—|—|

| 2023|$241,730|$90,808|$150,922|—|—|

| 2022|$201,306|—|—|—|$201,306|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/penske-media-corporation-401k-plan)

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