Plan Snapshot
- Plan Sponsor: Townsquare Media, INC.
- Sponsor EIN: 271996555
- Sponsor Address: 4 MANHATTANVILLE ROAD, PURCHASE, NY, 10577
- Plan Type: 401(k)
- Total Participants: 2,034
- Total Assets: $110.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 2,034 | $110.7M | $993,234 | $9.0M |
| 2023 | 1,995 | $98.8M | $1.0M | $9.0M |
| 2022 | 2,232 | $80.9M | $966,627 | $8.9M |
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 |
|---|---|---|---|---|
| CORNICK, GARBER AND SANDLER, 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 | -$11,103 | $102,846 | — | — | — |
| 2023 | -$935 | $85,804 | — | — | — |
| 2022 | $13,866 | — | — | — | — |