Plan Ledger DOL Form 5500 · updated monthly

Daily News LP401(k)

NEW YORK DAILY NEWS DEFINED CONTRIBUTION RETIREMENT PLAN · DENVER, CO · plan year 2023

Reported admin expense ratio · 2023
0.16%

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

Daily News LP reported $65,040 in plan administrative expenses for 2023: 0.16% of average plan assets, below the peer median. Employer contributions averaged $811 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 0.11% to 0.07%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other information & media employers. By assets it is the 291st-largest of 1,461 plans among Colorado employers on file, and the 617th of 2,199 in information & media. In 2023, employees put in $7.92 for every $1.00 the employer contributed; active participation has shrunk from 45 to 37 since 2022.

Plan summary
Net assets, end of year$41,242,141
Participants with balances188
Active participants37
Employer contributions$30,000
Employee contributions$237,717
Employer contribution per active participant$811
Average account balance$219,373
Benefits paid to participants$5,674,592
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$40.3M · 162 accts · $14K emplr
2023$41.2M · 188 accts · $30K emplr
2022$41.1M · 224 accts · $41K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$26,436
Audit (IQPA)$37,799
Total administrative$65,040
The Daily News LP 401(k) match · 2023
Employer contribution per active participant$811
Median for plans this size$2,440
2024$519 per active participant
2023$811 per active participant
2022$906 per active participant

Daily News LP's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$26,436
MAZARS USA LLP · Accounting / audit$37,799
BRYAN CAVE LEIGHTON PAISNER LLP · Legal$805

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$27,800 · 0.07%
2023$65,040 · 0.16%
2022$52,010 · 0.11%
Similar plansInformation & Media · Colorado
Accuris CO$62.9M · 0.07%
Logrhythm, Inc. CO$41.2M · 0.41%
Wiland, Inc. CO$36.4M · 0.18%
Veritone, Inc. CO$31.8M · 0.50%
Datavail Corporation CO$26.0M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133690542 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.