Plan Snapshot
- Plan Sponsor: New England Newspapers, INC
- Sponsor EIN: 760477602
- Sponsor Address: 75 SOUTH CHURCH STREET, PITTSFIELD, MA, 01201
- Plan Type: 401(k)
- Total Participants: 107
- Total Assets: $3.1M
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 | 107 | $3.1M | $0 | $276,381 |
| 2023 | 113 | $2.8M | $0 | $244,418 |
| 2022 | 117 | $2.7M | $0 | $253,427 |
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 |
|---|---|---|---|---|
| ADP, INC. | RECORD KEEPER | $15,670 | — | $15,670 |
| EDWARD JONES | INVESTMENT/FINANCIAL ADVI | $13,798 | — | $13,798 |
| WAY RAY SHELTON & CO. P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
- WAY RAY SHELTON & CO. P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $29,468
- Estimated Expense Ratio: 0.953% 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 | $29,469 | $13,799 | — | — | — |
| 2023 | $35,478 | $10,949 | — | — | — |
| 2022 | $19,968 | — | — | — | — |