THE NEW YORK TIMES COMPANY has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan NEWSPAPER GUILD OF NEW YORK - THE NEW YORK TIMES PENSION PLAN
401k plan membership statisitcs for NEWSPAPER GUILD OF NEW YORK - THE NEW YORK TIMES PENSION PLAN
| Measure | Date | Value |
|---|
| 2018: NEWSPAPER GUILD OF NEW YORK - THE NEW YORK TIMES PENSION PLAN 2018 401k membership |
|---|
| Market value of plan assets | 2018-12-31 | 355,634,750 |
| Acturial value of plan assets | 2018-12-31 | 332,862,567 |
| Funding target for retired participants and beneficiaries receiving payment | 2018-12-31 | 177,341,847 |
| Number of terminated vested participants | 2018-12-31 | 908 |
| Fundng target for terminated vested participants | 2018-12-31 | 58,403,296 |
| Active participant vested funding target | 2018-12-31 | 63,473,246 |
| Number of active participants | 2018-12-31 | 789 |
| Total funding liabilities for active participants | 2018-12-31 | 68,597,898 |
| Total participant count | 2018-12-31 | 3,282 |
| Total funding target for all participants | 2018-12-31 | 304,343,041 |
| Balance at beginning of prior year after applicable adjustments | 2018-12-31 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2018-12-31 | 15,694,184 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2018-12-31 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2018-12-31 | 478,481 |
| Amount remaining of carryover balance | 2018-12-31 | 0 |
| Amount remaining of prefunding balance | 2018-12-31 | 15,215,703 |
| Present value of excess contributions | 2018-12-31 | 18,920,129 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2018-12-31 | 20,083,473 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2018-12-31 | 20,083,473 |
| Reductions in caryover balances due to elections or deemed elections | 2018-12-31 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2018-12-31 | 0 |
| Balance of carryovers at beginning of current year | 2018-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2018-12-31 | 37,751,947 |
| Total employer contributions | 2018-12-31 | 0 |
| Total employee contributions | 2018-12-31 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2018-12-31 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2018-12-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2018-12-31 | 0 |
| Unpaid minimum required contributions for all prior years | 2018-12-31 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2018-12-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2018-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2018-12-31 | 1,130,474 |
| Net shortfall amortization installment of oustanding balance | 2018-12-31 | 9,232,421 |
| Waiver amortization installment | 2018-12-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2018-12-31 | 2,637,665 |
| Carryover balance elected to use to offset funding requirement | 2018-12-31 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2018-12-31 | 2,637,665 |
| Additional cash requirement | 2018-12-31 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2018-12-31 | 0 |
| Unpaid minimum required contributions for current year | 2018-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2018-12-31 | 0 |
| Total participants, beginning-of-year | 2018-01-01 | 3,382 |
| Total number of active participants reported on line 7a of the Form 5500 | 2018-01-01 | 0 |
| Number of retired or separated participants receiving benefits | 2018-01-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2018-01-01 | 0 |
| Total of all active and inactive participants | 2018-01-01 | 0 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2018-01-01 | 0 |
| Total participants | 2018-01-01 | 0 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2018-01-01 | 0 |
| 2017: NEWSPAPER GUILD OF NEW YORK - THE NEW YORK TIMES PENSION PLAN 2017 401k membership |
|---|
| Market value of plan assets | 2017-12-31 | 310,933,861 |
| Acturial value of plan assets | 2017-12-31 | 315,097,291 |
| Funding target for retired participants and beneficiaries receiving payment | 2017-12-31 | 170,919,109 |
| Number of terminated vested participants | 2017-12-31 | 1,182 |
| Fundng target for terminated vested participants | 2017-12-31 | 64,766,006 |
| Active participant vested funding target | 2017-12-31 | 58,105,227 |
| Number of active participants | 2017-12-31 | 598 |
| Total funding liabilities for active participants | 2017-12-31 | 61,619,473 |
| Total participant count | 2017-12-31 | 3,357 |
| Total funding target for all participants | 2017-12-31 | 297,304,588 |
| Balance at beginning of prior year after applicable adjustments | 2017-12-31 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2017-12-31 | 23,986,572 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2017-12-31 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2017-12-31 | 9,733,385 |
| Amount remaining of carryover balance | 2017-12-31 | 0 |
| Amount remaining of prefunding balance | 2017-12-31 | 14,253,187 |
| Present value of excess contributions | 2017-12-31 | 0 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2017-12-31 | 0 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2017-12-31 | 0 |
| Balance of carryovers at beginning of current year | 2017-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2017-12-31 | 15,694,184 |
| Total employer contributions | 2017-12-31 | 20,000,000 |
| Total employee contributions | 2017-12-31 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2017-12-31 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2017-12-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2017-12-31 | 18,920,129 |
| Liquidity shortfalls end of Q1 | 2017-12-31 | 0 |
| Liquidity shortfalls end of Q2 | 2017-12-31 | 0 |
| Liquidity shortfalls end of Q3 | 2017-12-31 | 0 |
| Liquidity shortfalls end of Q4 | 2017-12-31 | 0 |
| Unpaid minimum required contributions for all prior years | 2017-12-31 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2017-12-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2017-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2017-12-31 | 2,577,000 |
| Net shortfall amortization installment of oustanding balance | 2017-12-31 | 0 |
| Waiver amortization installment | 2017-12-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2017-12-31 | 478,481 |
| Carryover balance elected to use to offset funding requirement | 2017-12-31 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2017-12-31 | 478,481 |
| Additional cash requirement | 2017-12-31 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2017-12-31 | 18,920,129 |
| Unpaid minimum required contributions for current year | 2017-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2017-12-31 | 0 |
| Total participants, beginning-of-year | 2017-01-01 | 3,357 |
| Total number of active participants reported on line 7a of the Form 5500 | 2017-01-01 | 789 |
| Number of retired or separated participants receiving benefits | 2017-01-01 | 1,377 |
| Number of other retired or separated participants entitled to future benefits | 2017-01-01 | 908 |
| Total of all active and inactive participants | 2017-01-01 | 3,074 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2017-01-01 | 208 |
| Total participants | 2017-01-01 | 3,282 |
| Number of participants with account balances | 2017-01-01 | 0 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2017-01-01 | 5 |
| Measure | Date | Value |
|---|
| 2018 : NEWSPAPER GUILD OF NEW YORK - THE NEW YORK TIMES PENSION PLAN 2018 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2018-12-31 | $0 |
| Total transfer of assets from this plan | 2018-12-31 | $318,507,590 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $140,805 |
| Total income from all sources (including contributions) | 2018-12-31 | $-16,985,743 |
| Total loss/gain on sale of assets | 2018-12-31 | $0 |
| Total of all expenses incurred | 2018-12-31 | $20,930,183 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $19,457,566 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $0 |
| Value of total assets at end of year | 2018-12-31 | $0 |
| Value of total assets at beginning of year | 2018-12-31 | $356,564,321 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $1,472,617 |
| Total interest from all sources | 2018-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $25,447 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2018-12-31 | $25,447 |
| Administrative expenses professional fees incurred | 2018-12-31 | $495,995 |
| Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
| Value of fidelity bond cover | 2018-12-31 | $15,000,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
| Assets. Other investments not covered elsewhere at end of year | 2018-12-31 | $0 |
| Assets. Other investments not covered elsewhere at beginning of year | 2018-12-31 | $1,567,419 |
| Other income not declared elsewhere | 2018-12-31 | $1,492 |
| Administrative expenses (other) incurred | 2018-12-31 | $17,270 |
| Liabilities. Value of operating payables at end of year | 2018-12-31 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2018-12-31 | $140,805 |
| Total non interest bearing cash at end of year | 2018-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2018-12-31 | $120,934 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Value of net income/loss | 2018-12-31 | $-37,915,926 |
| Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $0 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $356,423,516 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
| Investment advisory and management fees | 2018-12-31 | $661,808 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $0 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $1,191,103 |
| Value of interest in master investment trust accounts at end of year | 2018-12-31 | $0 |
| Value of interest in master investment trust accounts at beginning of year | 2018-12-31 | $353,684,865 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-9,247 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $19,457,566 |
| Contract administrator fees | 2018-12-31 | $297,544 |
| Did the plan have assets held for investment | 2018-12-31 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | Yes |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
| Accountancy firm name | 2018-12-31 | BDO USA LLP |
| Accountancy firm EIN | 2018-12-31 | 135381590 |
| 2017 : NEWSPAPER GUILD OF NEW YORK - THE NEW YORK TIMES PENSION PLAN 2017 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2017-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $140,805 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $46,383 |
| Total income from all sources (including contributions) | 2017-12-31 | $69,722,038 |
| Total loss/gain on sale of assets | 2017-12-31 | $0 |
| Total of all expenses incurred | 2017-12-31 | $25,140,340 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $20,863,900 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $20,000,000 |
| Value of total assets at end of year | 2017-12-31 | $356,564,321 |
| Value of total assets at beginning of year | 2017-12-31 | $311,888,201 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $4,276,440 |
| Total interest from all sources | 2017-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $15,501 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2017-12-31 | $15,501 |
| Administrative expenses professional fees incurred | 2017-12-31 | $745,583 |
| Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
| Value of fidelity bond cover | 2017-12-31 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
| Assets. Other investments not covered elsewhere at end of year | 2017-12-31 | $1,567,419 |
| Assets. Other investments not covered elsewhere at beginning of year | 2017-12-31 | $1,530,732 |
| Other income not declared elsewhere | 2017-12-31 | $78,605 |
| Administrative expenses (other) incurred | 2017-12-31 | $2,087,257 |
| Liabilities. Value of operating payables at end of year | 2017-12-31 | $140,805 |
| Liabilities. Value of operating payables at beginning of year | 2017-12-31 | $46,383 |
| Total non interest bearing cash at end of year | 2017-12-31 | $120,934 |
| Total non interest bearing cash at beginning of year | 2017-12-31 | $110,213 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Value of net income/loss | 2017-12-31 | $44,581,698 |
| Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $356,423,516 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $311,841,818 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
| Investment advisory and management fees | 2017-12-31 | $1,093,029 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $1,191,103 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $1,338,931 |
| Value of interest in master investment trust accounts at end of year | 2017-12-31 | $353,684,865 |
| Value of interest in master investment trust accounts at beginning of year | 2017-12-31 | $308,908,325 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $-10,048 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
| Contributions received in cash from employer | 2017-12-31 | $20,000,000 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $20,863,900 |
| Contract administrator fees | 2017-12-31 | $350,571 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2017-12-31 | No |
| Did the plan have assets held for investment | 2017-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
| Accountancy firm name | 2017-12-31 | BDO USA LLP |
| Accountancy firm EIN | 2017-12-31 | 135381590 |
