Retirement plan

THE OGDEN NEWSPAPERS, INC. 401(K) PLAN

Name: THE OGDEN NEWSPAPERS, INC. - THE OGDEN NEWSPAPERS, INC. 401(K) PLAN (2018) Form 5500
Creator: THE OGDEN NEWSPAPERS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE OGDEN NEWSPAPERS, INC. 401(K) PLAN, THE OGDEN NEWSPAPERS, INC.

THE OGDEN NEWSPAPERS, INC.EIN 55-0776319Plan #333PY 2018

1500 MAIN STREET, 4TH FLOOR - WHEELING, WV 26003304-231-0615ogdennews.comLinkedIn1001-5000 employeesnewspapers

Prospect flagsLow participationLow employer contributionLow participant contribution

How to read this page

Total assets (EOY)

$92.8M

-7.4% from 2017

Total participants

2,708

-1.6% from 2017

Average account balance

$66,787

-7.8% from 2017

Annual return

-1.48%

-21.19 pp from 2017

Benchmarks

See 183 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants1,000-4,999

Cohort183 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$114.91M

Not enough data

1 years with asset history on file

Average account balance

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

$85K

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.

1,357

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.

95.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.38M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+14.20%

Not enough data

1 years with return on file

Admin fee / account holder

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

$111

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

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
PNC BANK, N.A.1 year Filed as: PNC BANK, NA Service code 25 · EIN 22-1146430	Directed Trustee	$2,725
T ROWE PRICE RPS INC4+ years Service code 15 100 EAST PRATT STREET · BALTIMORE, MD 21202	Recordkeeping	$570
PNC BANK, N.A.1 year Filed as: PNC BANK, NATIONAL ASSOCIATION Service code 60	Sub-TA Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2K3D3H

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.
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.
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

3 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.

Expense breakdown

Schedule H Part II

Admin total

$3K

$1 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.004%

all-in expense ratio

Categories reported

0 / 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: SCHNEIDER DOWNS & CO., INC.
Auditor EIN: 251408703
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$66,787

$71,106-6.1%

$83,327-19.8%

$75,289-11.3%

Participation rate

43.2%

82.0%-38.8pp

77.8%-34.6pp

72.4%-29.2pp

Annual return

-1.48%

-0.56%-0.9pp

10.64%-12.1pp

-0.04%-1.4pp

Employer contribution / active EE

$147

$2,436-94.0%

$3,379-95.6%

$2,405-93.9%

Participant deferral / active EE

$1,291

$6,249-79.3%

$5,565-76.8%

$3,739-65.5%

Admin fee / account holder

$72-96.7%

$7,540-100.0%

$102-97.7%

Provider

Service type

Compensation

PNC BANK, N.A.1 year

Filed as: PNC BANK, NA

Service code 25 · EIN 22-1146430

Directed Trustee

$2,725

T ROWE PRICE RPS INC4+ years

Service code 15

100 EAST PRATT STREET · BALTIMORE, MD 21202

Recordkeeping

$570

PNC BANK, N.A.1 year

Filed as: PNC BANK, NATIONAL ASSOCIATION

Service code 60

Sub-TA Fees

THE OGDEN NEWSPAPERS, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE OGDEN NEWSPAPERS, INC. 401(K) PLAN

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