Employers › Warner Bros. Discovery
Recordkeeping fees per participant · Warner Bros. Discovery 401(k) Savings Plan · plan year 2024
$24.75
Higher than 33% of the 790 plans over $1B that report it.
= $965,778 / 39,022
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250829075228NAL0021921186001, received 2025-08-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250829075228NAL0021921186001, received 2025-08-29
Percentiles compare this plan with the Schedule H plans over $1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-08-29.
Administrative expenses excluding investment management, per participant
$31.47
Higher than 29% of the 1,045 plans over $1B that report it.
= $1,228,051 / 39,022
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250829075228NAL0021921186001, received 2025-08-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250829075228NAL0021921186001, received 2025-08-29
Administrative expenses per participant
$57.30
Higher than 38% of the 1,076 plans over $1B that report it.
= $2,236,115 / 39,022
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250829075228NAL0021921186001, received 2025-08-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250829075228NAL0021921186001, received 2025-08-29
Administrative expenses as a share of assets
0.028%
Higher than 27% of the 1,076 plans over $1B that report it.
= $2,236,115 / $8,116,002,565
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250829075228NAL0021921186001, received 2025-08-29
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250829075228NAL0021921186001, received 2025-08-29
Employer contributions per participant
$3,757
Higher than 50% of the 1,135 plans over $1B that report it.
= $146,586,875 / 39,022
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250829075228NAL0021921186001, received 2025-08-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250829075228NAL0021921186001, received 2025-08-29
Employer share of total contributions
36.7%
Higher than 64% of the 1,135 plans over $1B that report it.
= $146,586,875 / $399,144,044
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250829075228NAL0021921186001, received 2025-08-29
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250829075228NAL0021921186001, received 2025-08-29
99.1% of this plan's assets are held in a master trust. Costs reported at the trust level and allocated by the plan's share: administrative expenses $119,946 ($60.38 per participant including the plan's own Schedule H). Benchmarks and percentiles use the plan's own Schedule H only.
Plan terms are described in Warner Bros. Discovery, Inc.'s SEC filings: Form 11-K filed 2023-06-09 and Form 10-K filed 2026-02-27. No term could be quoted from them with the required precision.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2R participant brokerage window · 2S pre-approved plan document · 2T default investment (QDIA) · 3F · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250829075228NAL0021921186001, received 2025-08-29
| Field | Value | Source |
|---|---|---|
| Plan sponsor | WARNER BROS. DISCOVERY, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250829075228NAL0021921186001, received 2025-08-29 |
| Plan name | WARNER BROS. DISCOVERY 401(K) SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250829075228NAL0021921186001, received 2025-08-29 |
| Sponsor EIN / plan number | 35-2333914 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250829075228NAL0021921186001, received 2025-08-29 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250829075228NAL0021921186001, received 2025-08-29 |
| Sponsor location | NEW YORK, NY | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250829075228NAL0021921186001, received 2025-08-29 |
| Industry (business code) | 551112, Management of companies and enterprises | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250829075228NAL0021921186001, received 2025-08-29 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250829075228NAL0021921186001, received 2025-08-29 |
| Filing received | 2025-08-29 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250829075228NAL0021921186001, received 2025-08-29 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250829075228NAL0021921186001, received 2025-08-29 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250829075228NAL0021921186001, received 2025-08-29 |
| Participants, beginning of year | 42,064 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250829075228NAL0021921186001, received 2025-08-29 |
| Active participants | 17,534 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250829075228NAL0021921186001, received 2025-08-29 |
| Participants, end of year | 39,844 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250829075228NAL0021921186001, received 2025-08-29 |
| Participants with an account balance | 39,022 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250829075228NAL0021921186001, received 2025-08-29 |
| Total assets, beginning of year | $7,572,855,856 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250829075228NAL0021921186001, received 2025-08-29 |
| Total assets, end of year | $8,116,002,565 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250829075228NAL0021921186001, received 2025-08-29 |
| Net assets, end of year | $8,116,002,565 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250829075228NAL0021921186001, received 2025-08-29 |
| Total income | $1,371,919,859 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250829075228NAL0021921186001, received 2025-08-29 |
| Net income | $543,146,709 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250829075228NAL0021921186001, received 2025-08-29 |
| Employer contributions | $146,586,875 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250829075228NAL0021921186001, received 2025-08-29 |
| Participant contributions | $227,833,094 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250829075228NAL0021921186001, received 2025-08-29 |
| Other contributions (incl. rollovers) | $24,724,075 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250829075228NAL0021921186001, received 2025-08-29 |
| Total contributions | $399,144,044 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250829075228NAL0021921186001, received 2025-08-29 |
| Benefit payments | $824,836,154 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250829075228NAL0021921186001, received 2025-08-29 |
| Total expenses (incl. benefit payments) | $828,773,150 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250829075228NAL0021921186001, received 2025-08-29 |
| Total administrative expenses | $2,236,115 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250829075228NAL0021921186001, received 2025-08-29 |
| Recordkeeping fees | $965,778 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250829075228NAL0021921186001, received 2025-08-29 |
| IQPA audit fees | $46,850 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250829075228NAL0021921186001, received 2025-08-29 |
| Investment advisory and management fees | $1,008,064 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250829075228NAL0021921186001, received 2025-08-29 |
| Administrative expenses excluding investment management | $1,228,051 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250829075228NAL0021921186001, received 2025-08-29 |
| Held in master trusts | $8,044,064,833 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250829075228NAL0021921186001, received 2025-08-29 |
| Independent auditor | BAKER TILLY US, LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250829075228NAL0021921186001, received 2025-08-29 |
Position = column in the DOL layout for form year 2024. Filing 20250829075228NAL0021921186001, received 2025-08-29.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FINANCIAL ENGINES | NONE | 27 Investment advisory (plan); 51 Investment management fees paid directly by plan | $1,008,064 | no |
| FID INV INST OPS COrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees; 50 Direct payment from the plan | $965,778 | no |
| GROOM LAW GROUP | LEGAL | 29 Legal; 50 Direct payment from the plan | $215,423 | no |
| MOSS ADAMS LLP | AUDIT | 10 Accounting (including auditing); 50 Direct payment from the plan | $43,050 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250829075228NAL0021921186001, received 2025-08-29.
WARNER BROS. DISCOVERY DC MT (EIN 881660993, PN 001): plan interest $8,044,064,833, 100.0% of the trust. The trust's own filing (20250829080307NAL0010985825001, received 2025-08-29) reports net assets $8,047,682,350, administrative expenses $120,000, recordkeeping fees not reported, investment management fees $120,000 and 2 Schedule C providers.
| Provider (trust level) | Service codes | Paid by the trust | Allocated to this plan |
|---|---|---|---|
| INSTITUTIONAL INVESTMENT CONSULTING | 16 27 50 | $120,000 | $119,946 |
| FID INV INST OPS COrecordkeeper | 15 60 99 | $0 | $0 |
Schedule D Part I of the plan's filing; the trust's Schedule H and Schedule C. Allocation = the plan's interest divided by the trust's net assets.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $7,572,855,856 | $8,116,002,565 | 7.2% |
| Participants with a balance | 36,816 | 39,022 | 6.0% |
| Administrative expenses | $2,589,060 | $2,236,115 | -13.6% |
| Recordkeeping fees per participant | $30.24 | $24.75 | -18.2% |
| Employer contributions | $176,259,218 | $146,586,875 | -16.8% |
Prior filing 20240722144830NAL0017816000001, received 2024-07-22; the plan years are contiguous.
Sponsor name as filed: WARNER BROS. DISCOVERY, INC.; SEC registrant: Warner Bros. Discovery, Inc. (CIK 1437107, matched by EIN; display name from the Form 10-K cover).