Iheart Media, Inc. 401k Savings Plan For Union Employees — Form 5500 plan (Iheart Communications, Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Iheart Media, Inc. 401k Savings Plan For Union Employees is a benefit plan reported by Iheart Communications, Inc. under EIN 74-1787539 and plan number 002. The latest loaded filing year is 2023. The filing reports 639 participants and $36,835,490 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$36.8MPlan net assets, end of year$36,835,490
Participants639Covered participants reported
Assets / participant$57.6KComputed: assets ÷ participants$57,646 (computed)
Provider compensation$21.7K3 Schedule C provider row(s)$21,681
Plan sponsor
Iheart Communications, Inc.
EIN
74-1787539
Plan number
002
Plan type
2
Location
Dallas, TX
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023639H, C20241003094220NAL0016782352001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$36.8M total assets
Net assets$36.8MLiabilities$0
Money in vs. money out
Total income / additions$8.3M
Total expenses$1.6M
Benefits paid / distributions$1.6M
Contributions
Employer$0
Participant$1.8M
Full reported line items

Net assets

Total assets (EOY)
$36,835,490
Total liabilities (EOY)
$0
Net assets (EOY)
$36,835,490
Net assets (BOY)
$30,099,867

Income & contributions

Employer contributions
$0
Participant contributions
$1,847,225
Total contributions
$1,852,331
Total income / additions
$8,300,537

Expenses & distributions

Benefits paid
$1,556,761
Administrative expenses
$8,153
Total expenses
$1,564,914
Net increase / (decrease)
$6,735,623
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 0%Participant 100%
Total expenses ÷ net assets4%Computed ratio
Benefits paid ÷ total income19%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Strategic Advisors, Inc.ADVISOR$8,806not reported in the loaded dataset2023
Baker Tilly Us, LlpACCOUNTANT/AUDITOR$7,875not reported in the loaded dataset2023
Nfb Retirement IncACCOUNTANT/AUDITOR$5,000not reported in the loaded dataset2023

Related Form 5500 pages