Plan Snapshot
- Plan Sponsor: Newspaper And Magazine Employees Union And Philadelphia Publishers Pen
- Sponsor EIN: 236626973
- Sponsor Address: 1000 WEST VALLEY ROAD, SOUTHEASTERN, PA, 19399
- Plan Type: DB
- Total Participants: 456
- Total Assets: $951,908
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 | 456 | $951,908 | $0 | $0 |
| 2023 | 489 | $1.1M | $0 | $0 |
| 2022 | 505 | $5.9M | $0 | $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 |
|---|---|---|---|---|
| THE MCKEOGH COMPANY | NONE | $120,175 | — | $120,175 |
| PHOENIX BENEFIT ADMINISTRATORS LLC | NONE | $80,170 | — | $80,170 |
| MERANZE, KATZ & GAUDIOSO PC | NONE | $24,000 | — | $24,000 |
| BACHELER & COMPANY PC | NONE | $14,396 | — | $14,396 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $238,741
- Estimated Expense Ratio: 25.080% 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 | $272,821 | $717 | $80,170 | — | — |
| 2023 | $228,967 | $40,033 | $49,728 | — | — |
| 2022 | $239,908 | $37,478 | $53,672 | — | $79,180 |