Texas › Information › 500 to 999 participants
Form 5500 statement · plan year 1 Jan 2024 to 31 Dec 2024
Dallasnews Corporation Pension Plan I
Sponsored by Dallasnews Corporation, Dallas, TX
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. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
In the plan year ending 31 Dec 2024, Dallasnews Corporation Pension Plan I covered 678 participants and held $69.9M in net assets. The plan is a defined benefit pension plan sponsored by Dallasnews Corporation of Dallas, Texas.
Net assets came to $103,050 per participant, above the $86,583 median for defined benefit plans with 500 to 999 participants and well above the $76,035 median for defined benefit plans in information. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
The filing reports no service provider compensation on Schedule C. That is common where fees are paid by the employer or taken from investment returns, neither of which appears there. Administrative expenses charged to the plan were $750K.
Across the filings on record, net assets went from $152M in 2011 to $69.9M in 2024 (down 54%), and participants from 3,073 to 678 (down 78%).
The independent accountant's opinion on the financial statements was unmodified (unqualified), from an audit whose scope was limited under ERISA section 103(a)(3)(C) to exclude investment information certified by a bank or insurer.
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DB plans |
|---|---|---|---|---|
| Net assets per participant | $103,050 | $86,583 | $76,035 | $86,221 |
| Employer contributions per active participant | — | $10,758 | $7,015 | $10,244 |
| Schedule C compensation per participant | — | $377 | $354 | $344 |
| Schedule C compensation, share of net assets | — | 0.48% | 0.46% | 0.42% |
| Administrative expenses per participant | $1,106 | $591 | $671 | $527 |
Peer columns are medians for plan year 2024 across defined benefit plans with 100 or more participants: 500 to 999 participants (873 plans), information (147) and all US plans (5,308). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 678 | $69.9M | $103,050 | — | — | $0 |
| 2023 | 700 | $74.8M | $106,891 | — | — | $0 |
| 2022 | 716 | $74.8M | $104,409 | — | — | $0 |
| 2021 | 727 | $104M | $143,554 | $2.5M | — | $0 |
| 2020 | 733 | $107M | $145,293 | — | — | $0 |
| 2019 | 739 | $96.8M | $130,976 | — | — | $0 |
| 2018 | 746 | $84.2M | $112,836 | — | — | $0 |
| 2017 | 753 | $96.1M | $127,656 | — | — | $0 |
| 2016 | 1,239 | $115M | $92,515 | $13.2M | — | $0 |
| 2015 | 1,259 | $101M | $80,276 | — | — | $0 |
| 2014 | 1,945 | $184M | $94,544 | $13.8M | — | $0 |
| 2013 | 2,406 | $187M | $77,643 | $11.9M | — | $0 |
| 2012 | 2,466 | $171M | $69,225 | $15.0M | — | $0 |
| 2011 | 3,073 | $152M | $49,444 | $38.6M | — | $0 |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$74,824,007
- Employer contributions—
- Participant contributions—
- Rollovers and other contributions—
- Total contributions$0
- Total income, including investment results$1,731,345
- Benefits paid$5,938,072
- Administrative expenses$749,543
- Total expenses$6,687,615
- Net income−$4,956,270
- Net transfers$0
- Net assets, end of year$69,867,737
Participants
- Active participants11
- Retired or separated, receiving benefits354
- Retired or separated, entitled to future benefits251
- Total participants, end of year678
Fees and service providers
No service provider organisations are listed on Schedule C for this plan year.
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Other administrative expenses$292,388
- Recordkeeping fees$178,582
- Investment advisory and management fees$170,041
- Trustee and custodial fees$46,905
- Actuarial fees$36,427
- IQPA audit fees$25,200
- Total administrative expenses$749,543
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Master trust investment accounts$69.9M · 100.0%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)Yes
- Accounting firmBaker Tilly US, LLP
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $5,000,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
1BBenefits are primarily flat dollar (includes dollars per year of service)1ABenefits are primarily pay related3HPlan sponsor(s) is (are) a member(s) of a controlled group1IFrozen plan
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 515210: Cable & Other Subscription Programming.
Other plans of Dallasnews Corporation
| Plan | Participants | Net assets |
|---|---|---|
| Dallasnews- Corporation-Savings-Plan | 847 | $116M |
| Dallasnews Corporation Pension Plan II | 580 | $69.1M |
Similar plans in Texas
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Ericsson US Pension Plan | Ericsson Inc. | 2,880 | $472M | $163,889 |
| Dallasnews Corporation Pension Plan II | Dallasnews Corporation | 580 | $69.1M | $119,121 |
| Consolidated Communications Retirement Plan | Consolidated Communications, Inc. | 3,132 | $417M | $133,296 |
| AT&T Puerto Rico Pension Benefit Plan | AT&T Inc. | 553 | $20.7M | $37,376 |
| MG Advantage Retirement Plan | Nexstar Broadcasting, Inc. | 3,697 | $268M | $72,538 |
| Valley Telephone Cooperative, Inc. Defined Benefit Plan | Valley Telephone Cooperative, Inc. | 151 | $17.9M | $118,375 |
Defined benefit plans in information closest in size.
Questions and answers
How big is Dallasnews Corporation Pension Plan I?
678 participants at the end of the plan year ending 31 Dec 2024, of whom 11 were active employees, with net assets of $69,867,737. Among defined benefit plans that places it in the 500 to 999 participants band, which held 873 plans in plan year 2024.
What does Dallasnews Corporation contribute per participant?
This filing has no Schedule H financial statement, so employer contributions are not reported here.
What fees does the plan pay and how do they compare?
Schedule C reports no provider compensation for the year. Administrative expenses on Schedule H were $749,543. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Dallasnews Corporation. The financial statements were audited by Baker Tilly US, LLP. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion from a limited-scope audit, in which the accountant did not audit investment information certified by a bank or insurance company. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jan 2024 to 31 Dec 2024, received by the Department of Labor on 16 Sep 2025. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 38-3765318, plan 004, received 16 Sep 2025; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.