Retirement plan

TEGNA 401K SAVINGS PLAN

Name: TEGNA, INC. - TEGNA 401K SAVINGS PLAN (2015) Form 5500
Creator: TEGNA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TEGNA 401K SAVINGS PLAN, TEGNA, INC.

TEGNA, INC.EIN 16-0442930Plan #002PY 2015

7950 JONES BRANCH DRIVE - MCLEAN, VA 22107703-854-6000tegna.comLinkedIn5001-10000 employeesbroadcast media

Prospect flagsFailed to transmit contributions

Top hat statement on fileNQDC

Filed March 8, 1991

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)

$639.7M

+6.5% from 2016

Total participants

8,086

-6.1% from 2016

Average account balance

$80,001

-3.3% from 2016

Annual return

139.08%

+134.68 pp from 2016

Benchmarks

See 171 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants1,000-4,999

Cohort171 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$995.41M

Not enough data

1 years with asset history on file

Average account balance

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

$103K

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.

9,673

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.

93.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$59.43M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+16.38%

Not enough data

1 years with return on file

Admin fee / account holder

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

$64

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 10 of 15 by compensation

Provider	Service type	Compensation
XEROX CORPORATION1+ years Filed as: XEROX HR SOLUTIONS Service code 14 · EIN 16-0468020	Plan Administrator	$168,883
NORTHERN TRUST COMPANY1+ years Filed as: NORTHERN TRUST CORPORATION Service code 21 · EIN 36-1561860	Bank Trustee	$78,738
PZENA INVESTMENT MANAGEMENT1+ years Service code 51 · EIN 13-3860154	Investment Mgmt Fees	$37,087
WINSLOW CAPITAL MANAGEMENT1+ years Filed as: WINSLOW CAPITAL MANAGEMENT, LLC Service code 51 · EIN 41-1719690	Investment Mgmt Fees	$28,744
ROCATON INVESTMENT ADVISORS, LLC1+ years Filed as: ROCATION INVESTMENT ADVISORS Service code 16 · EIN 04-3638035	Consulting	$28,125
ERNST & YOUNG LLP1+ years Filed as: ERNST YOUNG Service code 99 · EIN 34-6565596	Other Fees	$27,500
NIXON PEABODY LLP1+ years Service code 51 · EIN 16-0764720	Investment Mgmt Fees	$23,655
THE VANGUARD GROUP, INC.1+ years Service code 15 · EIN 23-1945930	Recordkeeping	$20,319
GOLDMAN SACHS1+ years Filed as: GOLDMAN SACHS ASSETS MANAGEMENT Service code 51 · EIN 04-3211048	Investment Mgmt Fees	$20,265
FIDELITY INVESTMENTS INSTITUTIONAL1+ years Service code 37 · EIN 04-2647786	Loan Processing	$13,124

Plan features & details

Pension benefit codes2E2H2J2K2R2T3H3I

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

1 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$889K

$201 / participant

Other / not subdivided$889K100.0%

% of EOY assets

0.139%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: ERNST & YOUNG
Auditor EIN: 346565596
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$80,001

$68,092+17.5%

$73,309+9.1%

$59,188+35.2%

Participation rate

98.0%

78.1%+19.9pp

74.9%+23.1pp

69.4%+28.5pp

Annual return

139.08%

5.93%+133.2pp

5.67%+133.4pp

5.51%+133.6pp

Employer contribution / active EE

$2,574

$2,018+27.6%

$3,237-20.5%

$2,098+22.7%

Participant deferral / active EE

$4,521

$5,041-10.3%

$4,991-9.4%

$3,265+38.5%

Admin fee / account holder

$111

$630-82.4%

$5,635-98.0%

$92+20.5%

Provider

Service type

Compensation

XEROX CORPORATION1+ years

Filed as: XEROX HR SOLUTIONS

Service code 14 · EIN 16-0468020

Plan Administrator

$168,883

NORTHERN TRUST COMPANY1+ years

Filed as: NORTHERN TRUST CORPORATION

Service code 21 · EIN 36-1561860

Bank Trustee

$78,738

PZENA INVESTMENT MANAGEMENT1+ years

Service code 51 · EIN 13-3860154

Investment Mgmt Fees

$37,087

WINSLOW CAPITAL MANAGEMENT1+ years

Filed as: WINSLOW CAPITAL MANAGEMENT, LLC

Service code 51 · EIN 41-1719690

Investment Mgmt Fees

$28,744

ROCATON INVESTMENT ADVISORS, LLC1+ years

Filed as: ROCATION INVESTMENT ADVISORS

Service code 16 · EIN 04-3638035

Consulting

$28,125

ERNST & YOUNG LLP1+ years

Filed as: ERNST YOUNG

Service code 99 · EIN 34-6565596

Other Fees

$27,500

NIXON PEABODY LLP1+ years

Service code 51 · EIN 16-0764720

Investment Mgmt Fees

$23,655

THE VANGUARD GROUP, INC.1+ years

Service code 15 · EIN 23-1945930

Recordkeeping

$20,319

GOLDMAN SACHS1+ years

Filed as: GOLDMAN SACHS ASSETS MANAGEMENT

Service code 51 · EIN 04-3211048

Investment Mgmt Fees

$20,265

FIDELITY INVESTMENTS INSTITUTIONAL1+ years

Service code 37 · EIN 04-2647786

Loan Processing

$13,124

TEGNA 401K SAVINGS PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TEGNA 401K 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