Plan Snapshot
- Plan Sponsor: Newsday LLC
- Sponsor EIN: 831344169
- Sponsor Address: 6 CORPORATE CENTER DRIVE, MELVILLE, NY, 11747
- Plan Type: DC
- Total Participants: 515
- Total Assets: $208.0M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 515 | $208.0M | $1.4M | $5.5M |
| 2023 | 537 | $193.2M | $1.5M | $5.3M |
| 2022 | 532 | $184.0M | $1.4M | $5.1M |
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 |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | $153,066 | — | $153,066 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $44,757 | — | $44,757 |
| GRANT THORNTON LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- GRANT THORNTON LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $197,823
- Estimated Expense Ratio: 0.095% 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 | $197,823 | $153,066 | $1,800 | — | — |
| 2023 | $198,408 | $164,374 | $2,400 | — | — |
| 2022 | $99,737 | $52,465 | — | — | — |