Fox Corporation 401(k) Review & Grade
Fox Savings Plan
New York, NYInformation10,536 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$6,735Employer $ per active participant
$11,376Employee $ saved per active participant
0.02%Direct admin cost, % of plan assets
$2.5BNet plan assets, end of year
$177,613Average balance per account
Score breakdown
- Employer generosity37.9 / 5076th percentile for employer $ per participant
- Low cost22.6 / 2590th percentile for low admin cost vs. same-size plans
- Employee saving8.3 / 1555th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score76 / 100 · Grade A
This plan vs. peers
Peers: Information plans with 10,000+ active participants (30 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 76th |
| Lower admin cost | 90th |
| Employee saving | 55th |
| Peers that auto-enroll | 60% |
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Red flags from the filing
Corrective distributions: the plan refunded $34,624 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Fox put in about $6,735 per active participant, more than the typical peer ($5,217). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $70,959,663 |
| Participant (employee) contributions | $119,858,612 |
| Other contributions (incl. rollovers in) | $15,695,971 |
| Administrative expenses paid from the plan | $511,977 |
| Investment advisory & management fees | $188,978 |
| Benefits paid out | $191,661,520 |
| Net assets, start / end of year | $2.2B / $2.5B |
| Active participants, start / end of year | 10,514 / 10,558 |
| Participants with account balances | 14,242 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Ernst & Young LLP |
Largest service providers (Schedule C)
| Fidelity Inv. Inst. Ops. Co, Inc. | $322,999 reported compensation |
| Strategic Advisors, Inc. | $188,978 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250902150819NAL0014415937001, received 2025-09-02, EIN 83-1825597, plan #005, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.