Lamar Media 401(k) match, vesting and fees
What Lamar Media's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | T Rowe Price Rps Inc | Schedule C ↗ |
| Independent auditor | KPMG LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 1,088 defined-contribution plans in professional, scientific, and technical services with 1,000 to 4,999 participants.
| Lamar Media: employer contribution per participant | $1,714 | |
| Peer median | $2,553 |
| Lamar Media: average balance | $123,809 | |
| Peer median | $100,158 |
| Lamar Media: admin expenses ÷ assets | 0.06% | |
| Peer median | 0.11% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $461M at the end of plan year 2023 to $517M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 4,286 | $517M | $7.2M | $1,714 | 0.06% | Not published | Form 5500 ↗ |
| 2023 | 4,314 | $461M | $7.5M | $1,796 | 0.06% | Not published | Form 5500 ↗ |
Common questions
Does Lamar Media match 401(k) contributions?
The match terms for the The Lamar Savings and Profit Sharing Plan have not been published from its filing yet. The plan year 2024 filing reports $7.2M in employer contributions, about $1,714 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Lamar Media 401(k) match vested?
The vesting schedule for the The Lamar Savings and Profit Sharing Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Lamar Media 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is T Rowe Price Rps Inc. The plan administrator is Lamar Media Corp..
I left Lamar Media. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Lamar Media Corp., (225) 926-1000) or the recordkeeper, T Rowe Price Rps Inc. The Lamar Media old 401(k) page lists the contacts from every plan filing. Find an old Lamar Media 401(k)
Data from the public Form 5500 annual reports Lamar Media filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Lamar Media. Not financial advice. Report a correction · Methodology