Plan Snapshot
- Plan Sponsor: The Hearst Corporation
- Sponsor EIN: 813842098
- Sponsor Address: 3540 TORINGDON WAY 8TH FLOOR -, CHARLOTTE, NC, 28277
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 0
- Total Assets: $3.3B
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 | 0 | $3.3B | $0 | $0 |
| 2023 | 0 | $2.9B | $0 | $0 |
| 2022 | 0 | $2.4B | $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 |
|---|---|---|---|---|
| DSM CAPITAL PARTNERS LLC | Investment Advisor | $845,598 | — | $845,598 |
| VOYA INSTITUTIONAL PLAN SERVICES | Recordkeeper | $10,185 | — | $10,185 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $855,783
- Estimated Expense Ratio: 0.026% 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 | $90,393 | — | — | — | — |
| 2023 | $47,403 | — | — | — | — |
| 2022 | $40,220 | — | — | — | — |