Retirement plan

ALLIANCE FOR AUDITED MEDIA EMPLOYEES VOLUNTARY SAVINGS PLAN

Name: ALLIANCE FOR AUDITED MEDIA - ALLIANCE FOR AUDITED MEDIA EMPLOYEES VOLUNTARY SAVINGS PLAN (2023) Form 5500
Creator: ALLIANCE FOR AUDITED MEDIA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ALLIANCE FOR AUDITED MEDIA EMPLOYEES VOLUNTARY SAVINGS PLAN, ALLIANCE FOR AUDITED MEDIA

ALLIANCE FOR AUDITED MEDIAEIN 36-0756300Plan #002PY 2023

4513 LINCOLN AVE, SUITE 105B - LISLE, IL 60532224-366-6939auditedmedia.comLinkedIn51-200 employeespublishing

Other plans on this EIN

2 filings

#001Retirement-$28.4M assets #003Retirement-$15.0M assets

Prospect flagsHigh feesHigh assets / participantCorrective distributions

Top hat statement on fileNQDC

Filed October 5, 2023

Plan administrator

Plan administrator name— Sign in and upgrade to view

4513 Lincoln Ave., Suite 105B

Lisle, IL 60532

Email— Sign in and upgrade to view Phone— Sign in and upgrade to view

Plans declared (1)

Alliance for Audited Media 457(b) Eligible Deferred Compensation Plan8 emp

Open the filing PDF

How to read this page

Total assets (EOY)

$39.5M

+14.6% from 2022

Total participants

158

+5.3% from 2022

Average account balance

$251,706

+8.8% from 2022

Annual return

30.20%

+46.70 pp from 2022

Benchmarks

See 9,806 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort9,806 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$41.65M

Not enough data

1 years with asset history on file

Average account balance

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

$293K

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.

142

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.

98.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.60M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$23K

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

+17.56%

Not enough data

1 years with return on file

Admin fee / account holder

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

$733

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 2 by compensation

Provider	Service type	Compensation
CHARLES SCHWAB & CO., INC.9+ years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833	Recordkeeping	$46,418
MERRILL LYNCH PIERCE FENNER & SMITH6 years Filed as: MERRILL LYNCH CONSULTING SERVI Service code 28 · EIN 13-5674085	Investment Management	$43,812

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$90K

$1074 / participant

Recordkeeping$43K48.0%
Investment mgmt$47K52.0%

% of EOY assets

0.228%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CHERRY BEKAERT, LLP
Auditor EIN: 560574444
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$251,706

$57,330+339.0%

$86,656+190.5%

$75,177+234.8%

Participation rate

98.8%

63.2%+35.6pp

71.7%+27.1pp

67.2%+31.6pp

Annual return

30.20%

2675.40%-2645.2pp

593.09%-562.9pp

160.75%-130.5pp

Employer contribution / active EE

$4,401

$2,316+90.0%

$3,025+45.5%

$2,671+64.8%

Participant deferral / active EE

$12,168

$3,320+266.5%

$4,439+174.1%

$4,126+194.9%

Admin fee / account holder

$575

$4,115-86.0%

$5,619-89.8%

$5,651-89.8%

Provider

Service type

Compensation

CHARLES SCHWAB & CO., INC.9+ years

Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC

Service code 15 · EIN 34-1479833

Recordkeeping

$46,418

MERRILL LYNCH PIERCE FENNER & SMITH6 years

Filed as: MERRILL LYNCH CONSULTING SERVI

Service code 28 · EIN 13-5674085

Investment Management

$43,812

ALLIANCE FOR AUDITED MEDIA EMPLOYEES VOLUNTARY SAVINGS PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ALLIANCE FOR AUDITED MEDIA EMPLOYEES VOLUNTARY SAVINGS PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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