Plan Snapshot
- Plan Sponsor: Portfolio Media, INC.
- Sponsor EIN: 841660943
- Sponsor Address: 101 PARK AVENUE, 24TH FLOOR, NEW YORK, NY, 10178
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 349
- Total Assets: $20.4M
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. |
|---|---|---|---|---|
| 2025 | 349 | $20.4M | $0 | $0 |
| 2024 | 313 | $25.2M | $783,169 | $2.1M |
| 2023 | 418 | $24.3M | $888,466 | $2.6M |
| 2022 | 416 | $18.5M | $832,496 | $2.4M |
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 LIFE & ANNUITY INSURANCE CO | Other Service Provider | $38,005 | — | $38,005 |
| GRANT THORNTON LLP | Other Service Provider | $31,415 | — | $31,415 |
| EMPOWER ADVISORY GROUP, LLC | Other Service Provider | $30,795 | — | $30,795 |
| WEALTHSPIRE RETIREMENT ADVISORY | Other Service Provider | $23,392 | — | $23,392 |
| KESTRA ADVISORY SERVICES LLC | Other Service Provider | $15,117 | — | $15,117 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $138,724
- Estimated Expense Ratio: 0.680% 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 |
|---|---|---|---|---|---|
| 2025 | $1,622,668 | $69,304 | — | — | — |
| 2024 | $125,078 | $77,700 | — | — | — |
| 2023 | $104,192 | $62,475 | — | — | — |
| 2022 | $107,350 | $66,208 | — | — | — |