New York › Information › 25,000 or more participants
Form 5500 statement · plan year 1 Jan 2024 to 31 Dec 2024
Paramount Global 401(k) Plan (Fka Viacomcbs 401(k) Plan)
Sponsored by Paramount Global, New York, NY
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
Paramount Global 401(k) Plan (Fka Viacomcbs 401(k) Plan) is an ESOP with a 401(k) feature sponsored by Paramount Global of New York, New York. For the plan year ending 31 Dec 2024 it reported 33,764 participants, 15,335 of them active, and net assets of $6.35B.
Net assets came to $188,172 per participant, well above the $62,774 median for defined contribution plans with 25,000 or more participants and well above the $67,311 median for defined contribution plans in information. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
The employer contributed $135M during the year, or $8,822 per active participant against a same-size median of $2,417; participants contributed $193M and $17.1M arrived as rollovers and other contributions. Benefits paid out totalled $917M.
Schedule C lists 5 service provider organisations paid $5,000 or more, with reported compensation of $3.1M: $93.19 per participant, well above the same-size median of $36.41. Administrative expenses charged to the plan were $7.3M. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $3.37B in 2009 to $6.35B in 2024 (up 88%), and participants from 35,771 to 33,764 (down 6%).
The independent accountant's opinion on the financial statements was unmodified (unqualified).
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $188,172 | $62,774 | $67,311 | $53,102 |
| Employer contributions per active participant | $8,822 | $2,417 | $2,928 | $2,175 |
| Schedule C compensation per participant | $93.19 | $36.41 | $121 | $123 |
| Schedule C compensation, share of net assets | 0.05% | 0.07% | 0.19% | 0.26% |
| Administrative expenses per participant | $216 | $38.81 | $116 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 25,000 or more participants (608 plans), information (1,830) and all US plans (63,460). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 33,764 | $6.35B | $188,172 | $135M | $193M | $3.1M |
| 2023 | 36,431 | $6.11B | $167,758 | $140M | $206M | $3.5M |
| 2022 | 36,103 | $5.37B | $148,679 | $135M | $189M | $3.9M |
| 2021 | 37,183 | $6.50B | $174,780 | $92.5M | $119M | $3.4M |
| 2020 | 22,563 | $4.22B | $187,138 | $35.4M | $108M | $2.8M |
| 2019 | 23,224 | $4.00B | $172,437 | $33.9M | $108M | $2.7M |
| 2018 | 23,109 | $3.68B | $159,289 | $32.9M | $104M | $8.5M |
| 2017 | 23,301 | $4.12B | $176,715 | $33.6M | $101M | $8.7M |
| 2016 | 31,698 | $4.42B | $139,358 | $40.6M | $120M | $10.9M |
| 2015 | 31,508 | $4.15B | $131,611 | $42.3M | $119M | $10.7M |
| 2014 | 33,293 | $4.40B | $132,035 | $39.5M | $116M | $10.3M |
| 2013 | 35,217 | $4.60B | $130,545 | $42.6M | $119M | $8.7M |
| 2012 | 35,155 | $4.00B | $113,731 | $40.5M | $124M | $9.8M |
| 2011 | 34,957 | $3.67B | $105,085 | $39.0M | $115M | $8.2M |
| 2010 | 34,615 | $3.63B | $104,797 | $32.9M | $108M | $8.4M |
| 2009 | 35,771 | $3.37B | $94,332 | $35.9M | $107M | $4.2M |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$6,111,598,456
- Employer contributions$135,285,248
- Participant contributions$193,131,477
- Rollovers and other contributions$17,125,354
- Total contributions$345,542,079
- Total income, including investment results$1,165,892,548
- Benefits paid$916,647,290
- Administrative expenses$7,296,603
- Total expenses$924,065,827
- Net income$241,826,721
- Net transfers$0
- Net assets, end of year$6,353,425,177
Participants
- Active participants15,335
- Retired or separated, receiving benefits1,484
- Retired or separated, entitled to future benefits16,597
- Participants with account balances31,614
- Total participants, end of year33,764
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Financial Engines | Investment advisory (plan) | $2,349,175 | $0 |
| Fidelity Investments Institutional | Participant loan processing | $582,244 | $0 |
| State Street Global Advisors | Consulting (general); Other services | $100,000 | $0 |
| Aon Investments | Consulting (general) | $85,500 | $0 |
| Harter Secrest & Emery LLP | Consulting (general); Legal | $29,666 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Investment advisory and management fees$5,810,289
- Other administrative expenses$876,222
- Recordkeeping fees$580,025
- Legal fees$30,067
- Total administrative expenses$7,296,603
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Common/collective trusts$4.62B · 72.5%
- Corporate stocks$715M · 11.2%
- Insurance company general account$680M · 10.7%
- Registered investment companies (mutual funds)$167M · 2.6%
- Receivables$56.1M · 0.9%
- Employer securities$51.4M · 0.8%
- Cash (interest and non-interest bearing)$40.6M · 0.6%
- Participant loans$35.9M · 0.6%
- U.S. Government securities$544K · 0.0%
- Corporate debt instruments$74K · 0.0%
- Other investments$185 · 0.0%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmPricewaterhouseCoopers LLP
- Participant contributions reported as transmitted lateYes, $1,681
- Covered by a fidelity bondYes, $30,000,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
2EProfit-sharing plan2FERISA section 404(c) plan2GTotal participant-directed account plan2JCode section 401(k) feature2KCode section 401(m) arrangement2OESOP other than a leveraged ESOP2RParticipant-directed brokerage accounts provided as an investment option under the plan2S401(k) plan or 403(b) plan that provides for automatic enrollment2TTotal or partial participant-directed account plan with a default investment account3FPlan sponsor(s) received services of leased employees3HPlan sponsor(s) is (are) a member(s) of a controlled group
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 515100: Radio & Television Broadcasting.
Other plans of Paramount Global
| Plan | Participants | Net assets |
|---|---|---|
| CBS Combined Pension Plan | 25,100 | $1.91B |
| Viacom Pension Plan | 7,781 | $529M |
| Westinghouse Pension Plan for Operations in Puerto Rico | 1,891 | $20.2M |
Similar plans in New York
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Relx Inc. US Salary Investment Plan | Relx Inc. | 20,442 | $4.75B | $232,397 |
| The 401(k) Savings and Profit Sharing Plan of S&P Global Inc. and Its Subsidiaries | S&P Global, Inc. | 20,240 | $5.74B | $283,791 |
| Gannett Media Corp. 401(k) Savings Plan | Gannett Media Corp. | 18,766 | $1.57B | $83,852 |
| Altice USA 401(k) Savings Plan | CSC Holdings, LLC | 15,218 | $1.86B | $122,293 |
| Iac Inc. Retirement Savings Plan | Iac Inc. | 15,146 | $1.57B | $103,891 |
| Bertelsmann 401(k) Savings Plan | Bertelsmann, Inc. | 14,913 | $1.96B | $131,361 |
Defined contribution plans in information closest in size.
Questions and answers
How big is Paramount Global 401(k) Plan (Fka Viacomcbs 401(k) Plan)?
33,764 participants at the end of the plan year ending 31 Dec 2024, of whom 15,335 were active employees, with net assets of $6,353,425,177. Among defined contribution plans that places it in the 25,000 or more participants band, which held 608 plans in plan year 2024.
What does Paramount Global contribute per participant?
The filing reports $135,285,248 in employer contributions for the year, which is $8,822 per active participant; the median for plans of the same type and size was $2,417 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.
What fees does the plan pay and how do they compare?
Schedule C reports $3,146,585 in compensation to service provider organisations, $93.19 per participant or 0.05% of net assets. The same-size median among plans reporting any Schedule C compensation was $36.41 per participant. Administrative expenses on Schedule H were $7,296,603. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Paramount Global. Recordkeeping or administration: Fidelity Investments Institutional. Investment advisory or management: Financial Engines. The financial statements were audited by PricewaterhouseCoopers LLP. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jan 2024 to 31 Dec 2024, received by the Department of Labor on 15 Oct 2025. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 04-2949533, plan 002, received 15 Oct 2025; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.