The Hearst Corporation401(k)
HEARST RETIREMENT SAVINGS PLAN · CHARLOTTE, NC · plan year 2024
The Hearst Corporation's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $3,136,288,050 across 23,978 participant accounts, with employer contributions averaging $5,250 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other information & media employers. By assets it is the 15th-largest of 2,005 plans among North Carolina employers on file, and the 25th of 2,199 in information & media. In 2024, employees put in $1.76 for every $1.00 the employer contributed.
The Hearst Corporation's 2024 employer contribution ran below the $5,259 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.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 130433120 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.