Retirement plan

THE TOLEDO NEWSPAPER UNIONS BLADE SAVINGS PLAN AND TRUST

Name: THE TOLEDO NEWSPAPER UNIONS BLADE SAVINGS TRUST - THE TOLEDO NEWSPAPER UNIONS BLADE SAVINGS PLAN AND TRUST (2019) Form 5500
Creator: THE TOLEDO NEWSPAPER UNIONS BLADE SAVINGS TRUST
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE TOLEDO NEWSPAPER UNIONS BLADE SAVINGS PLAN AND TRUST, THE TOLEDO NEWSPAPER UNIONS BLADE SAVINGS TRUST

THE TOLEDO NEWSPAPER UNIONS BLADE SAVINGS TRUSTEIN 31-1571353Plan #002PY 2019

7142 NIGHTINGALE DRIVE SUITE 1 - HOLLAND, OH 43528419-248-2401LinkedIn201-500 employeespublishing

Prospect flagsLow returnsHigh feesLow participationLow participant contribution

How to read this page

Total assets (EOY)

$16.7M

+10.2% from 2018

Total participants

241

-10.7% from 2018

Average account balance

$96,577

+26.8% from 2018

Annual return

20.34%

+25.66 pp from 2018

Benchmarks

See 905 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants100-249

Cohort905 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.15M

Not enough data

1 years with asset history on file

Average account balance

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

$110K

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.

147

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.

87.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$215K

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

+13.10%

Not enough data

1 years with return on file

Admin fee / account holder

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

$642

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 5 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS5+ years Service code 12 · EIN 13-3689044 4333 EDGEWOOD MAIL 0001 · CEDAR RAPIDS, IA 52499	Claims processing; Finders' fees / pl...	$37,838
TITUS & URBANSKI, INC.5+ years Filed as: TITUS & URBANSKI INC Service code 10 · EIN 34-1695540 1540 S HOLLAND-SYLVANIA · MAUMEE, OH 43537	Accounting	$26,940
NORTHWESTERN OHIO ADMINISTRATORS5+ years Filed as: NORTHWESTERN OHIO ADMINSTATORS INC Service code 28 · EIN 34-1337680 7142 NIGHTINGALE DRIVE · HOLLAND, OH 435287822	Investment Management	$11,856
SHUMAKER, LOOP & KENDRICK, LLP1 year Filed as: SHUMAKER, LOOP, & KENDRICK Service code 29 · EIN 34-4439491 1000 JACKSON STREET · TOLEDO, OH 43624	Legal	$7,281
NATIONAL FINANCIAL SERVICES5+ years Service code 33 · EIN 04-3523567 200 LIBERTY ST 5TH FL · NEW YORK, NY 10281	Securities brokerage commissions and ...	$0

Plan features & details

Pension benefit codes2E2F2G2J3H

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

4 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$86K

$508 / participant

Investment mgmt$43K50.1%
Other / not subdivided$43K49.9%

% of EOY assets

0.517%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: TITUS & URBANSKI, INC
Auditor EIN: 341695540
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$96,577

$58,655+64.7%

$91,994+5.0%

$65,185+48.2%

Participation rate

60.0%

75.3%-15.3pp

78.6%-18.6pp

70.2%-10.2pp

Annual return

20.34%

33.92%-13.6pp

69.04%-48.7pp

29.38%-9.0pp

Employer contribution / active EE

$484

$2,080-76.7%

$3,453-86.0%

$2,177-77.8%

Participant deferral / active EE

$1,569

$5,474-71.3%

$5,924-73.5%

$3,514-55.4%

Admin fee / account holder

$499

$434+15.0%

$7,744-93.6%

$847-41.1%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS5+ years

Service code 12 · EIN 13-3689044

4333 EDGEWOOD MAIL 0001 · CEDAR RAPIDS, IA 52499

Claims processing; Finders' fees / pl...

$37,838

TITUS & URBANSKI, INC.5+ years

Filed as: TITUS & URBANSKI INC

Service code 10 · EIN 34-1695540

1540 S HOLLAND-SYLVANIA · MAUMEE, OH 43537

Accounting

$26,940

NORTHWESTERN OHIO ADMINISTRATORS5+ years

Filed as: NORTHWESTERN OHIO ADMINSTATORS INC

Service code 28 · EIN 34-1337680

7142 NIGHTINGALE DRIVE · HOLLAND, OH 435287822

Investment Management

$11,856

SHUMAKER, LOOP & KENDRICK, LLP1 year

Filed as: SHUMAKER, LOOP, & KENDRICK

Service code 29 · EIN 34-4439491

1000 JACKSON STREET · TOLEDO, OH 43624

Legal

$7,281

NATIONAL FINANCIAL SERVICES5+ years

Service code 33 · EIN 04-3523567

200 LIBERTY ST 5TH FL · NEW YORK, NY 10281

Securities brokerage commissions and ...

THE TOLEDO NEWSPAPER UNIONS BLADE SAVINGS PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE TOLEDO NEWSPAPER UNIONS BLADE SAVINGS PLAN AND TRUST

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