Retirement plan

ALBUQUERQUE PUBLISHING COMPANY 401(K) PLAN

Name: ALBUQUERQUE PUBLISHING COMPANY - ALBUQUERQUE PUBLISHING COMPANY 401(K) PLAN (2022) Form 5500
Creator: ALBUQUERQUE PUBLISHING COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ALBUQUERQUE PUBLISHING COMPANY 401(K) PLAN, ALBUQUERQUE PUBLISHING COMPANY

ALBUQUERQUE PUBLISHING COMPANYEIN 85-0377498Plan #002PY 2022

7777 JEFFERSON STREET NE - ALBUQUERQUE, NM 87109505-823-3210

Other plans on this EIN

1 filing

#001Retirement-$19.2M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$28.5M

-17.9% from 2021

Total participants

213

-19.6% from 2021

Average account balance

$168,735

-24.7% from 2021

Annual return

-12.65%

-27.91 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

$27.03M

Not enough data

1 years with asset history on file

Average account balance

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

$146K

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.

185

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.

93.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$811K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+11.15%

Not enough data

1 years with return on file

Admin fee / account holder

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

$236

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 4 by compensation

Provider	Service type	Compensation
SAGEPOINT FINANCIAL INC2 years Service code 27 20 EAST THOMAS RD · PHOENIX, AZ 85012	Advisory (Plan)	$36,280
PENSION ASSURANCE LLP3+ years Filed as: PENSION PLANNING CONSULTANTS, INC. Service code 13 6201 UPTOWN BLVD NE · ALBUQUERQUE, NM 87110	Contract Administrator	$12,092
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$7,691
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$0

Plan features & details

Pension benefit codes2F2J2K3D3H

Plan features

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).
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$39K

$212 / participant

Other / not subdivided$39K100.0%

% of EOY assets

0.137%

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: MOSS ADAMS LLP
Auditor EIN: 910189318
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$168,735

$58,320+189.3%

$86,439+95.2%

$66,930+152.1%

Participation rate

76.2%

78.6%-2.4pp

80.3%-4.1pp

69.8%+6.4pp

Annual return

-12.65%

-9.71%-2.9pp

4395.55%-4408.2pp

1.57%-14.2pp

Employer contribution / active EE

$1,811

$2,615-30.8%

$3,769-52.0%

$2,545-28.9%

Participant deferral / active EE

$3,929

$6,899-43.1%

$6,952-43.5%

$4,238-7.3%

Admin fee / account holder

$232

$546-57.6%

$6,732-96.6%

$593-61.0%

Provider

Service type

Compensation

SAGEPOINT FINANCIAL INC2 years

Service code 27

20 EAST THOMAS RD · PHOENIX, AZ 85012

Advisory (Plan)

$36,280

PENSION ASSURANCE LLP3+ years

Filed as: PENSION PLANNING CONSULTANTS, INC.

Service code 13

6201 UPTOWN BLVD NE · ALBUQUERQUE, NM 87110

Contract Administrator

$12,092

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ADVISORY GROUP, LLC

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$7,691

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ANNUITY INSURANCE COMPANY

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

ALBUQUERQUE PUBLISHING COMPANY 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ALBUQUERQUE PUBLISHING COMPANY 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