Retirement plan

UNION LEADER CORPORATION 401(K) SAVINGS PLAN

Name: UNION LEADER CORPORATION - UNION LEADER CORPORATION 401(K) SAVINGS PLAN (2020) Form 5500
Creator: UNION LEADER CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UNION LEADER CORPORATION 401(K) SAVINGS PLAN, UNION LEADER CORPORATION

UNION LEADER CORPORATIONEIN 02-0212933Plan #002PY 2020

100 WILLIAM LOEB DRIVE P.O.BOX 9555 - MANCHESTER, NH 031089555603-668-4321LinkedIn201-500 employeespublishing

Other plans on this EIN

1 filing

#001Retirement-$3.1M assets

Prospect flagsLow returnsLow employer contributionLow participant contribution

Top hat statement on fileNQDC

Filed November 9, 2005 (most recent of 2 filings on file)

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$12.5M

+3.6% from 2019

Total participants

242

+10.0% from 2019

Average account balance

$58,475

-2.7% from 2019

Annual return

11.64%

-6.98 pp from 2019

Benchmarks

See 909 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants100-249

Cohort909 peers

Snapshot2020

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$11.31M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$69K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

165

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

88.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$322K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+11.86%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$120

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

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Service providers

Top 6 by compensation

Provider	Service type	Compensation
WIPFLI LLP1 year Service code 10 910 N LAST CHANCE GULCH · HELENA, MT 59601	Accounting	$24,600
HOWE, RILEY & HOWE PLLC1 year Filed as: HOWE, RILEY & HOWE Service code 10 43 CONSTITUTION DRIVE · BEDFORD, NH 03110	Accounting	$12,000
MAYFLOWER FINANCIAL ADVISORS, LLC1 year Filed as: MAYFLOWER FINANCIAL ADVISORS LLC Service code 27 265 FRANKLIN STREET · BOSTON, MA 02110	Advisory (Plan)	$9,531
SECURITIES AMERICA INC2 years Filed as: SECURITIES AMERICA ADVISORS INC Service code 27 12325 PORT GRACE BLVD · LAVISTA, NE 68128	Advisory (Plan)	$5,795
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO ADVISORS FIN NETWORK LL Service code 27 1 NORTH JEFFERSON AVE · ST LOUIS, MO 63103	Advisory (Plan)	$4,312
JPMORGAN INVEST HOLDINGS LLC6+ years Service code 64 · EIN 13-2624428	Recordkeeping Fees	$622

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

3 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$57K

$345 / participant

Contract admin$57K100.0%

% of EOY assets

0.454%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WIPFLI LLP
Auditor EIN: 390758449
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$58,475

$66,813-12.5%

$100,535-41.8%

$73,497-20.4%

Participation rate

83.0%

77.5%+5.6pp

79.4%+3.6pp

70.7%+12.3pp

Annual return

11.64%

25.70%-14.1pp

30.90%-19.3pp

28.51%-16.9pp

Employer contribution / active EE

$2,147-100.0%

$3,419-100.0%

$2,270-100.0%

Participant deferral / active EE

$1,981

$5,883-66.3%

$6,271-68.4%

$3,740-47.0%

Admin fee / account holder

$266

$512-48.1%

$8,085-96.7%

$513-48.2%

Provider

Service type

Compensation

WIPFLI LLP1 year

Service code 10

910 N LAST CHANCE GULCH · HELENA, MT 59601

Accounting

$24,600

HOWE, RILEY & HOWE PLLC1 year

Filed as: HOWE, RILEY & HOWE

Service code 10

43 CONSTITUTION DRIVE · BEDFORD, NH 03110

Accounting

$12,000

MAYFLOWER FINANCIAL ADVISORS, LLC1 year

Filed as: MAYFLOWER FINANCIAL ADVISORS LLC

Service code 27

265 FRANKLIN STREET · BOSTON, MA 02110

Advisory (Plan)

$9,531

SECURITIES AMERICA INC2 years

Filed as: SECURITIES AMERICA ADVISORS INC

Service code 27

12325 PORT GRACE BLVD · LAVISTA, NE 68128

Advisory (Plan)

$5,795

WELLS FARGO BANK, N.A.1 year

Filed as: WELLS FARGO ADVISORS FIN NETWORK LL

Service code 27

1 NORTH JEFFERSON AVE · ST LOUIS, MO 63103

Advisory (Plan)

$4,312

JPMORGAN INVEST HOLDINGS LLC6+ years

Service code 64 · EIN 13-2624428

Recordkeeping Fees

$622

UNION LEADER CORPORATION 401(K) SAVINGS PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UNION LEADER CORPORATION 401(K) SAVINGS PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion