Plan Ledger DOL Form 5500 · updated monthly

News-Press & Gazette Company401(k)

NEWS-PRESS & GAZETTE EMPLOYEES' 401(K) PLAN · SAINT JOSEPH, MO · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

News-Press & Gazette Company reported $257,717 in plan administrative expenses for 2024: 0.26% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,504 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 0.28% to 0.26%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other information & media employers. By assets it is the 182nd-largest of 1,393 plans among Missouri employers on file, and the 305th of 2,199 in information & media. In 2024, employees put in $1.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$104,380,722
Participants with balances1,151
Active participants768
Employer contributions$2,690,888
Employee contributions$4,072,248
Employer contribution per active participant$3,504
Average account balance$90,687
Benefits paid to participants$10,816,446
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$104.4M · 1,151 accts · $2.7M emplr
2023$97.3M · 1,176 accts · $2.9M emplr
2022$85.5M · 1,205 accts · $2.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$257,717
Total administrative$257,717
The News-Press & Gazette Company 401(k) match · 2024
Employer contribution per active participant$3,504
Median for plans this size$3,635
2024$3,504 per active participant
2023$3,712 per active participant
2022$3,516 per active participant

News-Press & Gazette Company's 2024 employer contribution ran below the $3,635 median for plans its size. 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$257,717
RSM US LLP · Accounting / auditindirect comp
CBIZ INVESTMENT ADVISORY SERVICES, · Investment advisory (plan)indirect comp

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$257,717 · 0.26%
2023$252,635 · 0.28%
2022$255,543 · 0.28%
Same employer
Similar plansInformation & Media · Missouri
Tierpoint, LLC MO$82.9M · 0.38%
Local Union No. 4, Ibew MO$55.5M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 440371250 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.