Hudson News Distributors, LLC 401(k) Review & Grade
Hudson News Group Retirement Plan · d/b/a C/o Hudson Media
Teaneck, NJWholesale Trade636 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$64Employer $ per active participant
$458Employee $ saved per active participant
0.03%Direct admin cost, % of plan assets
$10.8MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity1.3 / 503th percentile for employer $ per participant
- Low cost23.4 / 2594th percentile for low admin cost vs. same-size plans
- Employee saving0.1 / 151th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
Total score25 / 100 · Grade F
This plan vs. peers
Peers: Wholesale Trade plans with 500–2,499 active participants (603 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 3th |
| Lower admin cost | 94th |
| Employee saving | 1th |
| Peers that auto-enroll | 53% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Hudson News Distributors put in about $64 per active participant, below the typical peer ($1,792). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $40,582 |
| Participant (employee) contributions | $291,351 |
| Other contributions (incl. rollovers in) | – |
| Administrative expenses paid from the plan | $2,901 |
| Contract administrator fees | $2,901 |
| Benefits paid out | $1,389,618 |
| Net assets, start / end of year | $10.8M / $10.8M |
| Active participants, start / end of year | 682 / 590 |
| Participants with account balances | 215 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Cbiz Cpas P.C. |
Largest service providers (Schedule C)
| Heritage Pension Services Inc | $5,097 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014144231NAL0004274752001, received 2025-10-14, EIN 11-3668123, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.