Nantmedia Holdings 401(k) match, vesting and fees
What Nantmedia Holdings' 401(k) plan says about matching contributions
The Company contributes a qualified automatic contribution arrangement (QACA) safe harbor matching contribution of that a participant contributes to the Plan.
Quoted directly from the filing. Plan terms may have changed; check your current Summary Plan Description.
Plan features
Indented passages are quoted word for word from the audit report; plan terms may have changed since, so check your current Summary Plan Description.
| Employer match | Quoted from the filing above | Audit report, p. 30 ↗ |
| Match vesting | Participants are vested immediately in their contributions plus actual earnings thereon. Vesting in the Company's contribution portion of their accounts is based on years of continuous service. A participant is 100% vested after two years of credited service. | Audit report, p. 31 ↗ |
| Automatic enrollment | The Plan includes an automatic enrollment provision whereby all newly eligible employees are automatically enrolled in the Plan unless they affirmatively elect not to participate in the Plan. Automatically enrolled participants have their deferral rate set at 3% of eligible compensation and their contributions invested in the default target retirement date fund based on the participant's age until changed by the participant. Automatically enrolled participants will have their deferral rate increase by 1% on the anniversary of their enrollment date until their deferral rate reaches 10%. The Company contributes a qualified automatic contribution arrangement (QACA) safe harbor matching contribution of that a participant contributes to the Plan. | Audit report, p. 30 ↗ |
| Roth contributions | Participants also may designate all or a portion of their deferral contributions as after-tax contributions into a Roth account. | Audit report, p. 30 ↗ |
| Loans | Participants may borrow from their fund accounts a minimum of $1,000 up to a maximum equal to the lesser of $50,000 or 50% of their vested account balance. The loans are secured by the balance in the participant's account. The loan interest rate, determined by the Plan Administrator, is set at the reasonable rate of interest, as defined. | Audit report, p. 31 ↗ |
| Recordkeeper | The Vanguard Group, Inc. | Schedule C ↗ |
| Independent auditor | Baker Tilly US , LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
All rows are from the plan year 2024 filing; plan features from its audit report.
How the plan compares
Plan year 2024 medians for 235 defined-contribution plans in information with 1,000 to 4,999 participants.
| Nantmedia Holdings: employer contribution per participant | $2,166 | |
| Peer median | $2,212 |
| Nantmedia Holdings: average balance | $122,026 | |
| Peer median | $99,173 |
| Nantmedia Holdings: admin expenses ÷ assets | 0.18% | |
| Peer median | 0.09% |
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 $152M at the end of plan year 2021 to $169M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 1,394 | $169M | $3M | $2,166 | 0.18% | Quoted in the audit report, p. 30 ↗ | Form 5500 ↗ |
| 2023 | 1,615 | $161M | $4.4M | $2,777 | 0.24% | Not published | Form 5500 ↗ |
| 2022 | 1,722 | $137M | $4.5M | $2,675 | 0.20% | Not published | Form 5500 ↗ |
| 2021 | 1,673 | $152M | $3.3M | $2,026 | 0.24% | Not published | Form 5500 ↗ |
Other Nantmedia Holdings plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
California Times Defined Contribution Retirement Plan
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.
| Plan type and status | 401(k) · Terminated (final filing) | Form 5500 ↗ |
Common questions
Does Nantmedia Holdings match 401(k) contributions?
The audit report attached to the California Times 401(k) Plan's plan year 2024 Form 5500, page 30 says: “The Company contributes a qualified automatic contribution arrangement (QACA) safe harbor matching contribution of that a participant contributes to the Plan.” Plan terms may have changed; check your current Summary Plan Description.
When is the Nantmedia Holdings 401(k) match vested?
The audit report attached to the plan year 2024 Form 5500, page 31 says: “Participants are vested immediately in their contributions plus actual earnings thereon. Vesting in the Company's contribution portion of their accounts is based on years of continuous service. A participant is 100% vested after two years of credited service.”
Who manages the Nantmedia Holdings 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is The Vanguard Group, Inc.. The plan administrator is Nantmedia Retirement Plans Committee.
I left Nantmedia Holdings. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Nantmedia Retirement Plans Committee, (213) 237-2165) or the recordkeeper, The Vanguard Group, Inc.. The Nantmedia Holdings old 401(k) page lists the contacts from every plan filing. Find an old Nantmedia Holdings 401(k)
Data from the public Form 5500 annual reports Nantmedia Holdings filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) 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 Nantmedia Holdings. Not financial advice. Report a correction · Methodology