401(k) · DOL Form 5500 · 2023

Cumulus Radio Corporation 401(k) Plan

Data updated 2026-08-11

$246M
Total assets
3,282
Participants
95th
Percentile by assets
$74,851
Avg per participant
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Official DOL plan name: Cumulus Media 401(k) Plan · Sponsored by Cumulus Radio Corporation · Georgia · Information & Media

$246M in assets, 3,282 participants

Cumulus Radio Corporation's Cumulus Media 401(k) Plan reported $246M in total assets and 3,282 participants in its 2023 DOL Form 5500 filing, ranking in the 95th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 95th percentile by assets (of 127,072 plans)
  • #2,624 in Information & Media (2,818 peers)

Coverage in Georgia

Cumulus Media 401(k) Plan covers 3,282 participants in Georgia, 3.0x the typical Georgia plan (state average ~1,096 per filing). Assets: $246M.

$246M
total plan assets (2023 EOY)
3,282
covered participants
95th
percentile by assets (of 127,072 plans)
$74,851
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Cumulus Media 401(k) Plan reported net income rose from -$44M in the plan year 2022 filing to $29M in the plan year 2023 filing.
  • Cumulus Media 401(k) Plan end-of-year assets rose from $216M in the plan year 2022 filing to $246M in the plan year 2023 filing.
  • Cumulus Media 401(k) Plan reported participants fell from 3,381 in the plan year 2022 filing to 3,282 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Participants vs Georgia filers

In Georgia, the average filing covers about 1,096 participants across 3,635 plans. Cumulus Media 401(k) Plan reports 3,282 participants - 3.0x that state average ($246M EOY assets).

Georgia filing particulars

Total Assets (Beginning of Year)$216M
Net Assets (End of Year)$246M
Net Income$29M
Employer EIN860703641
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Cumulus Radio Corporation)

$200M$220M$240M$260M$280M 202220232024 $216M $262M ▲ +21.1%
Total plan assets by year, all Cumulus Radio Corporation plans on file
Year Plans Participants Total Assets
2022 1 3,381 $216M
2023 1 3,282 $246M
2024 1 3,279 $262M

Nearby 401(k) Plans in Georgia

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Cumulus Media 401(k) Plan vs. nearby 401(k) plans in Georgia, assets vs. participants

Cumulus Media 401(k) Plan vs. nearby 401(k) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -2000000200000400000600000 -505101520 Total assets ($B) Participants Cumulus Media 401(k)…The Teamster - UPS N…Delta 401(k) Retirem…Delta 401(k) Retirem…UPS 401(k) Savings P…The Home Depot Futur…
Cumulus Media 401(k) Plan vs. nearby 401(k) plans in Georgia, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Cumulus Media 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Cumulus Media 401(k) Plan assets move in 2023?
Cumulus Media 401(k) Plan grew at a solid clip - up 13.5% during 2023, from $216M to $246M. Reported net income was $29M.
How have Cumulus Radio Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Cumulus Radio Corporation's sponsor-wide assets grew 21.1%, from $216M to $262M.
Where does Cumulus Media 401(k) Plan rank by assets among Form 5500 filers?
Cumulus Media 401(k) Plan ranks in the 95th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Cumulus Media 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Chugach 401(k) Plan in AK ($246M, 2,914 participants).

Filing takeaways

Ways to act on Cumulus Media 401(k) Plan's numbers.