FutureAdvisor.com has this analysis of the company's retirement 401 (K) plan:
The Liberman Broadcasting 401k Plan is a defined contribution plan sponsored by Liberman Broadcasting, Inc. and held at Fidelity Investments - NetBenefits. FutureAdvisor rates this plan 2 out of 5 stars, based on its 20 plan options with an average expense ratio of 0.67%. This plan is among the top two-thirds of all reviewed plans in terms of cost, and is one of the more expensive plans in the Radio & Television Broadcasting industry. With $4,193,124 in assets and serving 104 participants, the Liberman Broadcasting 401k Plan is among the top 100% largest plans reviewed by participant count, and top 100% largest plans reviewed by assets, with an average participant balance of $40,318.Let's bet that those actually doing the grunt work at Liberman are not generally one of those 104 participants, and don't have around $40k in their accounts.