Plan Ledger DOL Form 5500 · updated monthly

Newsday LLC401(k)

NEWSDAY 401(K) SAVINGS PLAN · MELVILLE, NY · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Newsday LLC reported $197,823 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $2,759 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 rose from 0.05% to 0.10%. 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 457th-largest of 5,648 plans among New York employers on file, and the 184th of 2,199 in information & media. In 2024, employees put in $3.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$207,993,478
Participants with balances891
Active participants515
Employer contributions$1,421,091
Employee contributions$5,457,298
Employer contribution per active participant$2,759
Average account balance$233,438
Benefits paid to participants$19,268,023
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$208.0M · 891 accts · $1.4M emplr
2023$193.2M · 920 accts · $1.5M emplr
2022$184.0M · 945 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,757
Investment management$153,066
Total administrative$197,823
The Newsday LLC 401(k) match · 2024
Employer contribution per active participant$2,759
Median for plans this size$3,635
2024$2,759 per active participant
2023$2,828 per active participant
2022$2,597 per active participant

Newsday LLC'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 · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$153,066
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$44,757

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$197,823 · 0.10%
2023$198,408 · 0.11%
2022$99,737 · 0.05%
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Springer Nature NY$225.4M · 0.06%
W. W. Norton & Company, Inc. NY$187.1M · 0.02%
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Shopify (USA), Inc. NY$175.7M · 0.11%
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Source: U.S. Department of Labor, Form 5500 series, EIN 831344169 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.