Plan Ledger DOL Form 5500 · updated monthly

Bangor Publishing401(k)

BANGOR PUBLISHING COMPANY SAVINGS/SECURITY PLAN · BANGOR, ME · plan year 2024

Reported admin expense ratio · 2024
0.02%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Bangor Publishing reported $5,180 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,202 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.03% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 129th-largest of 354 plans among Maine employers on file, and the 954th of 2,199 in information & media. In 2024, employees put in $3.97 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,578,838
Participants with balances159
Active participants99
Employer contributions$119,046
Employee contributions$472,479
Employer contribution per active participant$1,202
Average account balance$142,005
Benefits paid to participants$2,004,245
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.6M · 159 accts · $119K emplr
2023$19.4M · 159 accts · $116K emplr
2022$14.9M · 165 accts · $113K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$906
Investment management$4,274
Total administrative$5,180
The Bangor Publishing 401(k) match · 2024
Employer contribution per active participant$1,202
Median for plans this size$2,416
2024$1,202 per active participant
2023$1,175 per active participant
2022$1,080 per active participant

Bangor Publishing's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$906

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$5,180 · 0.02%
2023$6,113 · 0.04%
2022$5,475 · 0.03%
Same employer
Similar plansInformation & Media · Maine
Wex Inc. ME$521.7M · 0.06%
Maine Public ME$31.9M · 0.23%
Maine Trust for Local News ME$19.2M · 0.54%
Clearcompany ME$15.6M · 0.11%
Rxante, Inc. ME$11.4M · 0.15%
Wayside Publishing ME$4.2M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010024570 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.