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Industry · Form 5500 business code 511110

Newspaper Publishers: retirement plans

Plans whose sponsor entered this principal business activity code on Form 5500.

Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. The business code is chosen by the filer from the list in the Form 5500 instructions.

For plan year 2024, 144 retirement plans in newspaper publishers with 100 or more participants filed Form 5500: 100 defined contribution and 44 defined benefit. They reported 209,038 participant records and $21.2B in net assets, counting every plan on the form.

The median defined contribution plan held $76,849 per participant, well above the national median of $53,031, and its employer put in $1,017 per active participant (national: $2,174). Among plans reporting Schedule C compensation the median was $134 per participant against $123 nationally.

Employers contributed $243M and participants $464M during the year, and the plans paid out $2.27B in benefits.

In 2009 the same group numbered 368 plans with $27.5B; by 2024 it was 144 plans (down 61%) and $21.2B (down 23%). From plan year 2023 the 100-participant line counts participants with account balances, which moved many plans to the short form.

144plans with 100+ participants, plan year 2024100 DC · 44 DB
$21.2Bnet assets, all Form 5500 pension filers209,038 participant records
$76,849median DC plan assets per participantUS $53,031
$134median Schedule C compensation per participant (DC)US $123

Medians compared with all US plans

Median plan, plan year 2024Industry: DCUS: DCIndustry: DBUS: DB
Net assets per participant$76,849$53,031$64,925$86,234
Employer contributions per active participant$1,017$2,174$6,319$10,244
Schedule C compensation per participant$134$123$398$344
Schedule C compensation, share of net assets0.20%0.26%0.60%0.42%
Administrative expenses per participant$136$116$812$527

Medians across plans with 100 or more participants (95 DC and 44 DB plans with a Schedule H here). Fee medians cover plans reporting an amount. DC: defined contribution, such as 401(k) and 403(b). DB: defined benefit pension.

Distribution of DC plans

Measure25th percentileMedian75th percentilePlans
Net assets per participant$42,985$76,849$126,52795
Employer contributions per active participant$456$1,017$2,45987
Schedule C compensation per participant$77.29$134$22585
Administrative expenses per participant$80.79$136$22584

Trend by plan year

2009: $27.5B2010: $29.7B2011: $30.2B2012: $32.8B2013: $33.6B2014: $32.4B2015: $30.7B2016: $33.1B2017: $38.5B2018: $36.9B2019: $40.2B2020: $44.0B2021: $40.9B2022: $19.2B2023: $20.9B2024: $21.2B$27.5B$44.0B$21.2B20092012201620202024
Net assets, all Form 5500 pension filers
2009: 3682010: 3542011: 3412012: 3302013: 3122014: 2942015: 2822016: 2652017: 2502018: 2242019: 2032020: 1932021: 1782022: 1572023: 1492024: 14436814420092012201620202024
Plans with 100 or more participants
Plan yearPlans 100+ParticipantsNet assetsEmployer contributionsParticipant contributionsMedian DC assets / participantMedian DC Sch. C / participant
2025partial1921,775$3.26B$53.2M$94.4M$106,512$140
2024144209,038$21.2B$243M$464M$76,849$134
2023149226,063$20.9B$248M$462M$70,532$127
2022157235,344$19.2B$220M$466M$59,797$119
2021178368,259$40.9B$531M$728M$68,947$122
2020193447,411$44.0B$475M$694M$58,016$98.09
2019203484,816$40.2B$607M$706M$51,339$82.39
2018224531,404$36.9B$923M$684M$42,822$76.57
2017250525,867$38.5B$979M$666M$46,799$66.47
2016265527,025$33.1B$1.73B$651M$39,673$43.76
2015282534,000$30.7B$796M$687M$37,488$39.61
2014294558,429$32.4B$695M$653M$39,285$32.93
2013312618,377$33.6B$836M$603M$36,653$27.99
2012330691,332$32.8B$972M$631M$33,445$25.44
2011341722,520$30.2B$1.56B$619M$29,332$25.98
2010354727,802$29.7B$999M$611M$29,222$24.56
2009368779,968$27.5B$805M$658M$26,733$24.40

Plan year is the year in which the plan year began. The drop in large plans from 2023 follows a rule change: the 100-participant line now counts participants with account balances, so many plans moved to the short form.

Provider share

Service provider organisations named most often on the Schedule C of the 143 plans on this page's list, by number of plans. A plan usually names several providers.

Largest plans

The 40 largest by participants of 143 plans with a page on this site.

PlanSponsorStateTypeParticipantsNet assetsPer participantEmployer / activeSch. C / participant
Gannett Media Corp. 401(k) Savings PlanGannett Media Corp.NYDC18,766$1.57B$83,852$185$51.90
News Corp. 401(k) Savings PlanNC Transaction, Inc.NYDC14,148$3.66B$258,622$6,561$98.37
Advance Pension PlanAdvance Publications, Inc.NYDB13,114$911M$69,494$0$104
Advance 401(k) PlanAdvance Publications, Inc.NYDC12,434$1.67B$134,035$3,669$36.01
Gannett Retirement PlanGannett Media Corp.NYDB11,234$864M$76,948$25$542
Scripps Retirement and Investment PlanE.W. Scripps Retirement & Investment Plan CommitteeOHDC8,896$874M$98,206$3,339$114
Medianews Group Pension PlanMedianews Group, Inc.CODB6,314$331M$52,449—$377
The New York Times Companies Supplemental Retirement and Investment PlanThe New York Times CompanyNYDC6,064$1.56B$256,739$12,084$123
Lee Enterprises, Inc. Employees Retirement Account PlanLee Enterprises, Inc.IADC5,939$442M$74,349$1,046$24.92
The New York Times Companies Pension PlanThe New York Times CompanyNYDB5,857$985M$168,219—$481
The Newspaper Guild International Pension PlanTNG International Pension FundDCDB4,996$159M$31,854$1,698$148
Tegna Retirement PlanTegna Inc.VADB4,908$338M$68,786—$470
Scripps/journal Pension PlanThe E.W. Scripps CompanyOHDB4,873$355M$72,795—$398
Media News Group Retirement/savings PlanMedia News Group, Inc.CODC4,357$335M$76,849$55$77.29
MG Advantage Retirement PlanNexstar Broadcasting, Inc.TXDB3,697$268M$72,538—$333
The McClatchy Company 401(k) PlanThe McClatchy Company, LLCCADC3,323$602M$181,038$989$109
News Corp. Pension PlanNC Transaction, Inc.NYDB2,860$206M$72,058$98,214$399
The San Diego Union-Tribune LLC Retirement PlanThe San Diego Union-Tribune LLCCODB2,821$99.5M$35,255$165,625$216
The New York Times Savings PlanThe New York Times CompanyNYDC2,813$792M$281,494$2,452$140
Tribune Publishing Company 401(k) PlanTribune Publishing CompanyCODC2,699$196M$72,714$599$65.22
Guild-Times Adjustable Pension PlanBoard of Trustees of the Guild-Times Adjustable Pension FundNYDB2,374$114M$47,988$7,059$201
Newspaper and Mail Deliverers' Publishers' Pension FundBoard of Trustees of Newspaper and Mail Deliverers' Publishers' PensioNYDB2,314$118M$51,040$5,612$370
Apg-Rewards 401(k) PlanAdams Communications Company LLC, DBA Adams Publishing GroupMDDC2,065$48.6M$23,524$4$118
Paxton Media Group LLC Employee Retirement SavingPaxton Media Group LLCKYDC2,014$60.6M$30,103$1,001—
Block Communications Savings PlanBlock Communications, Inc.OHDC1,907$211M$110,440$3,233—
Media Guild Retirement PlanMedia Guild Retirement PlanCADB1,797$164M$91,182$18,767$450
The Hagadone Corporation Retirement PlanThe Hagadone CorporationIDDC1,769$42.8M$24,210$281$41.68
The Boston Globe Media Partners, LLC Retirement Savings PlanBoston Globe Media Partners, LLCMADC1,479$255M$172,198$3,250$129
The Seattle Times Pension PlanSeattle Times CompanyWADB1,464$129M$87,908$35,451$261
The Ogden Newspapers, Inc. 401(k) PlanThe Ogden Newspapers, Inc.WVDC1,399$115M$82,136$389$110
California Times 401(k) PlanNantmedia Holdings, LLCCADC1,394$169M$121,063$4,373$208
Amended and Restated Blethen Maine Newspapers, Inc. Pension PlanSeattle Times CompanyWADB1,328$53.3M$40,124$0$175
Wehco 401(k) Retirement Savings PlanWehco Media, Inc.ARDC1,302$49.3M$37,883$376$123
Wehco Profit Sharing PlanWehco Media, Inc. & SubsidiariesARDC1,175$20.8M$17,699$485$66.34
News-Press & Gazette Employees' 401(k) PlanNews-Press & Gazette CompanyMODC1,159$104M$90,061$3,504$308
Forum Communications Company 401(k) PlanForum Communications Company 401(k)NDDC1,122$90.9M$81,005$876$125
The Philadelphia Inquirer, PBC 401(k) Retirement PlanThe Philadelphia Inquirer, PBCPADC1,121$191M$170,762$2,558$149
Star Tribune 401(k) Retirement Savings PlanStar Tribune Media Company LLCMNDC1,027$172M$167,374$1,877$81.65
Evening Post Publishing, Inc. Employee Retirement PlanEvening Post Publishing, Inc.SCDC1,006$54.4M$54,083$1,865$141
Star Tribune Retirement Plan OStar Tribune Media Company LLCMNDB994$73.4M$73,848—$281

By plan size

By state

Questions and answers

How many retirement plans are there in newspaper publishers?

144 plans with 100 or more participants filed Form 5500 for plan year 2024, out of 184 pension plans on the full form. Smaller plans file Form 5500-SF and are counted separately where shown.

What is the typical 401(k) balance in newspaper publishers?

The median defined contribution plan reported $76,849 in net assets per participant (middle half of plans: $42,985 to $126,527); nationally it was $53,031. This is a plan-level average that includes former employees, not a typical person's balance.

What do employers contribute in newspaper publishers?

The median defined contribution plan received $1,017 in employer contributions per active participant, against $2,174 nationally. Plans with no employer contribution are included at zero.

What are average 401(k) fees in newspaper publishers?

Among defined contribution plans that report any Schedule C compensation, the median was $134 per participant and 0.20% of net assets (nationally $123 and 0.26%). Schedule C leaves out fund expense ratios and fees the employer pays, so it understates total cost.

Where does this come from?

Form 5500 annual reports in the EBSA research files, with filings received through 24 Aug 2026. Medians are computed by this site across plans with 100 or more participants.

Provenance

Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Totals count every pension plan on the full form; medians and the plan list cover plans with 100 or more participants. See the methodology.