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 |
|---|---|---|---|---|
| GRANT THORNTON | Auditor | $210,000 | — | $210,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GRANT THORNTON — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $210,000
- Estimated Expense Ratio: 0.024% 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 |