Plan Ledger DOL Form 5500 · updated monthly

New England Newspapers, Inc401(k)

NEW ENGLAND NEWSPAPERS, INC. 401(K) PLAN · PITTSFIELD, MA · plan year 2024

Reported admin expense ratio · 2024
1.00%

New England Newspapers, Inc reported $29,469 in plan administrative expenses for 2024: 1.00% of average plan assets, higher than ~75% of peers. 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 rose from 0.62% to 1.00%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Massachusetts (2,484th of 2,726), and 3,921st of 4,246 in wholesale trade.

Plan summary
Net assets, end of year$3,091,466
Participants with balances128
Active participants107
Employer contributions—
Employee contributions$276,381
Employer contribution per active participant—
Average account balance$24,152
Benefits paid to participants$286,204
Plan auditUnmodified (clean) audit opinion
AuditorWAY RAY SHELTON & CO. P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$3.1M · 128 accts
2023$2.8M · 147 accts
2022$2.7M · 237 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,670
Investment management$13,799
Total administrative$29,469
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 · 20243
ADP, INC. · Loan processing · Recordkeeping$15,670
EDWARD JONES · Recordkeeping · Trustee$13,798
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, Edward Jones
2023ADP, TCWP, LLC

This plan has changed recordkeepers within these filings. If you left New England Newspapers, Inc before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$29,469 · 1.00%
2023$35,478 · 1.31%
2022$19,968 · 0.62%
Same employer
Similar plansWholesale Trade · Massachusetts
Door Systems, Inc MA$3.8M · 0.53%
Cometeer, Inc. MA$2.8M · 0.01%
Mammoth Fire Alarms, Inc. MA$2.8M · 0.41%
Planet Aid, Inc. MA$1.7M · 1.17%
G & J Holdings, LLC MA$1.6M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760477602 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.