Retirement plan

VOX MEDIA 401(K) PROFIT SHARING PLAN AND TRUST

Name: VOX MEDIA, LLC - VOX MEDIA 401(K) PROFIT SHARING PLAN AND TRUST (2020) Form 5500
Creator: VOX MEDIA, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VOX MEDIA 401(K) PROFIT SHARING PLAN AND TRUST, VOX MEDIA, LLC

VOX MEDIA, LLCEIN 20-2057273Plan #001PY 2020

1201 CONNECTICUT AVE NW STE 11 - WASHINGTON, DC 20036202-591-1170voxmedia.comLinkedIn1001-5000 employeesonline media

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$79.6M

+86.5% from 2019

Total participants

1,631

+31.1% from 2019

Average account balance

$54,463

+43.1% from 2019

Annual return

72.49%

+38.85 pp from 2019

Benchmarks

See 755 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort755 peers

Snapshot2020

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$179.30M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$84K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

2,127

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

86.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$20.41M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+15.78%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$110

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 4 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL6+ years Service code 37 · EIN 04-2647786	Loan Processing	$136,542
MERCER1 year Filed as: MERCER INVESTMENT MANAGEMENT INC Service code 27 · EIN 30-0282430	Advisory (Plan)	$66,527
MMA SECURITIES LLC4 years Filed as: MMC SECURITIES LLC Service code 27 · EIN 06-1685865	Advisory (Plan)	$15,148
COHNREZNICK LLP2 years Filed as: COHNREZNICK Service code 10 · EIN 22-1478099	Accounting	$8,629

Plan features & details

Pension benefit codes2G2J2S2T3D2E

Plan features

2E
Profit-sharing
Profit-sharing plan.
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$227K

$208 / participant

Other / not subdivided$227K100.0%

% of EOY assets

0.285%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: COHNREZNICK
Auditor EIN: 221478099
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$54,463

$127,481-57.3%

$149,730-63.6%

$90,274-39.7%

Participation rate

84.4%

78.2%+6.2pp

82.5%+2.0pp

73.4%+11.1pp

Annual return

72.49%

57.78%+14.7pp

276.70%-204.2pp

53.97%+18.5pp

Employer contribution / active EE

$2,028

$3,448-41.2%

$4,645-56.3%

$2,523-19.6%

Participant deferral / active EE

$8,757

$6,975+25.5%

$6,843+28.0%

$4,231+107.0%

Admin fee / account holder

$155

$152+2.4%

$9,310-98.3%

$114+36.1%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL6+ years

Service code 37 · EIN 04-2647786

Loan Processing

$136,542

MERCER1 year

Filed as: MERCER INVESTMENT MANAGEMENT INC

Service code 27 · EIN 30-0282430

Advisory (Plan)

$66,527

MMA SECURITIES LLC4 years

Filed as: MMC SECURITIES LLC

Service code 27 · EIN 06-1685865

Advisory (Plan)

$15,148

COHNREZNICK LLP2 years

Filed as: COHNREZNICK

Service code 10 · EIN 22-1478099

Accounting

$8,629

VOX MEDIA 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

VOX MEDIA 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion