News-Press & Gazette Company 401(k) Review & Grade
News-Press & Gazette Employees' 401(k) Plan
Saint Joseph, MOInformation778 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$3,459Employer $ per active participant
$5,234Employee $ saved per active participant
0.26%Direct admin cost, % of plan assets
$104.4MNet plan assets, end of year
$90,687Average balance per account
Score breakdown
- Employer generosity30.4 / 5061th percentile for employer $ per participant
- Low cost11.6 / 2547th percentile for low admin cost vs. same-size plans
- Employee saving3.6 / 1524th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score56 / 100 · Grade C
This plan vs. peers
Peers: Information plans with 500–2,499 active participants (310 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 61th |
| Lower admin cost | 47th |
| Employee saving | 24th |
| Peers that auto-enroll | 59% |
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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
- News-Press & Gazette put in about $3,459 per active participant, more than the typical peer ($2,829). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $2,690,888 |
| Participant (employee) contributions | $4,072,248 |
| Other contributions (incl. rollovers in) | $451,403 |
| Administrative expenses paid from the plan | $257,717 |
| Contract administrator fees | $257,717 |
| Benefits paid out | $10,816,446 |
| Net assets, start / end of year | $97.3M / $104.4M |
| Active participants, start / end of year | 788 / 768 |
| Participants with account balances | 1,151 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | RSM US LLP |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $258,988 reported compensation |
| Cbiz Investment Advisory Services, | $76,949 reported compensation |
| RSM US LLP | $20,475 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251003130928NAL0001417425001, received 2025-10-03, EIN 44-0371250, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.