Plan Snapshot
- Plan Sponsor: Lee Enterprises, INC.
- Sponsor EIN: 420823980
- Sponsor Address: 4600 E 53RD ST., DAVENPORT, IA, 52807
- Plan Type: 401(k)
- Total Participants: 3,158
- Total Assets: $441.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 3,158 | $441.6M | $3.3M | $13.3M |
| 2023 | 3,408 | $447.3M | $3.9M | $13.3M |
| 2022 | 4,122 | $447.9M | $3.6M | $14.6M |
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 |
|---|---|---|---|---|
| COHNREZNICK, LLP | Auditor | $34,433 | — | $34,433 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $34,433
- Estimated Expense Ratio: 0.008% 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 | $88,859 | $37,430 | — | $34,433 | — |
| 2023 | $194,768 | $95,574 | — | $95,715 | — |
| 2022 | $151,702 | $11,250 | — | — | $110,873 |