Plan Snapshot
- Plan Sponsor: Daily News, L.P.
- Sponsor EIN: 133690542
- Sponsor Address: 125 THEODORE CONRAD AVENUE, JERSEY CITY, NJ, 07305
- Plan Type: DB
- Total Participants: 7
- Total Assets: $51.9M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 7 | $51.9M | $0 | $0 |
| 2023 | 16 | $57.3M | $41,522 | $0 |
| 2022 | 18 | $61.0M | $0 | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| MILLIMAN, INC. | Recordkeeper | $241,225 | — | $241,225 |
| CAMBRIDGE ASSOCIATES LLC | Other Service Provider | $112,500 | — | $112,500 |
| THE BANK OF NEW YORK MELLON | Other Service Provider | $51,506 | — | $51,506 |
| AON CONSULTING | Recordkeeper | $48,602 | — | $48,602 |
| FORVIS MAZARS, LLP | Auditor | $22,700 | — | $22,700 |
| BRIAN CAVE LLP | Other Service Provider | $9,846 | — | $9,846 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLIMAN, INC. — Recordkeeper
- AON CONSULTING — Recordkeeper
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $486,379
- Estimated Expense Ratio: 0.937% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $556,978 | $402,327 | — | $22,700 | — |
| 2023 | $811,576 | $582,231 | — | $42,760 | — |
| 2022 | $880,736 | $102,910 | $80,240 | — | $125,194 |