Plan Snapshot
- Plan Sponsor: Reach Media, LLC
- Sponsor EIN: 833644871
- Sponsor Address: 1101 NEW YORK AVE., NW, WASHINGTON, DC, 20005
- Plan Type: 401(k)
- Total Participants: 55
- Total Assets: $1.3M
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 | 55 | $1.3M | $416,803 | $501,577 |
| 2023 | 123 | $670,485 | $255,210 | $322,818 |
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 |
|---|---|---|---|---|
| REACH MEDIA (SHORT PLAN YEAR) | 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 | $14,888 | $9,508 | — | — | — |
| 2023 | $1,665 | $201 | — | — | — |