Plan Snapshot
- Plan Sponsor: Gannett Media Corp.
- Sponsor EIN: 472390983
- Sponsor Address: 175 SULLY'S TRAIL, PITTSFORD, NY, 14534
- Plan Type: DB
- Total Participants: 957
- Total Assets: $864.4M
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 | 957 | $864.4M | $23,532 | $0 |
| 2023 | 1,316 | $939.6M | $88,606 | $0 |
| 2022 | 1,593 | $931.0M | $37,890 | $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 |
|---|---|---|---|---|
| WILLIS TOWERS WATSON US LLC | Recordkeeper | $3,816,656 | — | $3,816,656 |
| NORTHERN TRUST COMPANY | Other Service Provider | $408,719 | — | $408,719 |
| WELLINGTON MANAGEMENT COMPANY LLP | Other Service Provider | $352,146 | — | $352,146 |
| BLACKROCK INSTITUTIONAL TRUST CO | Other Service Provider | $335,624 | — | $335,624 |
| WILLIS TOWERS WATSON INVEST SVCS | Other Service Provider | $283,791 | — | $283,791 |
| BAILLIE GIFFORD OVERSEAS LIMITED | Other Service Provider | $275,366 | — | $275,366 |
| INCOME RESEARCH & MGMT. INC. | Other Service Provider | $239,261 | — | $239,261 |
| PZENA INVESTMENT MANAGEMENT | Other Service Provider | $229,758 | — | $229,758 |
| LOOMIS SAYLES TRUST COMPANY LLC | Other Service Provider | $92,280 | — | $92,280 |
| HARTER, SECREST & EMERY LLP | Other Service Provider | $58,099 | — | $58,099 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIS TOWERS WATSON US LLC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $6,091,700
- Estimated Expense Ratio: 0.705% 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 | $7,519,597 | $1,524,435 | $285,291 | $210,000 | — |
| 2023 | $4,092,437 | — | — | — | — |
| 2022 | $11,404,286 | $3,328,535 | — | — | $5,828,789 |