Plan Ledger DOL Form 5500 · updated monthly

Lee Enterprises, Inc.401(k)

LEE ENTERPRISES, INC. EMPLOYEES RETIREMENT ACCOUNT PLAN · DAVENPORT, IA · plan year 2022

Reported admin expense ratio · 2022
0.03%

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

Lee Enterprises, Inc. reported $151,702 in plan administrative expenses for 2022: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $881 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 $250M–$1B size bracket, benchmarked here against 2,568 comparable plans and shown alongside other information & media employers. By assets it is the 21st-largest of 878 plans among Iowa employers on file, and the 107th of 2,199 in information & media. In 2022, employees put in $4.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$447,913,977
Participants with balances6,445
Active participants4,122
Employer contributions$3,630,704
Employee contributions$14,648,560
Employer contribution per active participant$881
Average account balance$69,498
Benefits paid to participants$63,059,936
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$441.6M · 5,714 accts · $3.3M emplr
2023$447.3M · 6,110 accts · $3.9M emplr
2022$447.9M · 6,445 accts · $3.6M emplr
Administrative expenses, itemized · 2022
Investment management$11,250
Professional / advisory$110,873
Total administrative$151,702
The Lee Enterprises, Inc. 401(k) match · 2022
Employer contribution per active participant$881
Median for plans this size$4,065
2024$1,046 per active participant
2023$1,139 per active participant
2022$881 per active participant

Lee Enterprises, Inc.'s 2022 employer contribution ran below the $4,065 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year2
2024Empower
2023Empower

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

Administrative cost history3
2024$88,859 · 0.02%
2023$194,768 · 0.04%
2022$151,702 · 0.03%
Same employer
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Hyland Software, Inc. OH$512.0M · 0.10%
Amadeus North America, Inc. FL$484.9M · 0.06%
Orange Business Services VA$473.8M · 0.15%
Bloomberg Industry Grp VA$447.0M · 0.04%
Vertex, Inc. PA$445.2M · 0.04%
Gci Communication Corp. AK$443.0M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420823980 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.