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 (2022) 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 2022

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

Prospect flagsHigh feesLow participationLow employer contributionLow participant contribution

How to read this page

Total assets (EOY)

$14.6M

-22.9% from 2021

Total participants

200

-3.4% from 2021

Average account balance

$91,245

-21.4% from 2021

Annual return

-15.81%

-30.45 pp from 2021

Benchmarks

See 1,030 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants100-249

Cohort1,030 peers

Snapshot2022

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 SOLUTIONS8+ years Service code 12 · EIN 13-3689044 4333 EDGEWOOD MAIL 0001 · CEDAR RAPIDS, IA 52499	Sales loads (front end and deferred);...	$38,688
TITUS & URBANSKI, INC.8+ years Filed as: TITUS & URBANSKI INC Service code 10 · EIN 34-1695540 3220 CENTRAL PARK WEST · TOLEDO, OH 43617	Accounting	$27,950
NORTHWESTERN OHIO ADMINISTRATORS8+ years Filed as: NORTHWESTERN OHIO ADMINSTATORS INC Service code 28 · EIN 34-1337680 7142 NIGHTINGALE DRIVE · HOLLAND, OH 435287822	Investment Management	$11,607
SHUMAKER, LOOP & KENDRICK, LLP8+ years Filed as: SHUMAKER, LOOP & KENDRICK Service code 29 · EIN 34-4439491 1000 JACKSON ST · TOLEDO, OH 43604	Legal	$5,014
NATIONAL FINANCIAL SERVICES8+ years Service code 33 · EIN 04-3523567 200 LIBERTY ST 5TH FL · NEW YORK, NY 10281	Securities brokerage; Securities brok...	$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.
OpportunityLow employer contribution
Employer 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.)

Expense breakdown

Schedule H Part II

Admin total

$86K

$680 / participant

Investment mgmt$42K48.4%
Other / not subdivided$45K51.6%

% of EOY assets

0.592%

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$91,245

$58,320+56.5%

$86,438+5.6%

$66,938+36.3%

Participation rate

68.5%

78.6%-10.1pp

80.3%-11.8pp

69.8%-1.3pp

Annual return

-15.81%

-9.71%-6.1pp

4397.19%-4413.0pp

1.58%-17.4pp

Employer contribution / active EE

$478

$2,615-81.7%

$3,769-87.3%

$2,545-81.2%

Participant deferral / active EE

$1,783

$6,899-74.2%

$6,952-74.4%

$4,238-57.9%

Admin fee / account holder

$540

$546-1.1%

$6,733-92.0%

$594-9.0%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS8+ years

Service code 12 · EIN 13-3689044

4333 EDGEWOOD MAIL 0001 · CEDAR RAPIDS, IA 52499

Sales loads (front end and deferred);...

$38,688

TITUS & URBANSKI, INC.8+ years

Filed as: TITUS & URBANSKI INC

Service code 10 · EIN 34-1695540

3220 CENTRAL PARK WEST · TOLEDO, OH 43617

Accounting

$27,950

NORTHWESTERN OHIO ADMINISTRATORS8+ years

Filed as: NORTHWESTERN OHIO ADMINSTATORS INC

Service code 28 · EIN 34-1337680

7142 NIGHTINGALE DRIVE · HOLLAND, OH 435287822

Investment Management

$11,607

SHUMAKER, LOOP & KENDRICK, LLP8+ years

Filed as: SHUMAKER, LOOP & KENDRICK

Service code 29 · EIN 34-4439491

1000 JACKSON ST · TOLEDO, OH 43604

Legal

$5,014

NATIONAL FINANCIAL SERVICES8+ years

Service code 33 · EIN 04-3523567

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

Securities brokerage; Securities brok...

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