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NEWSPAPER GUILD OF NEW YORK-LOCAL REPRESENTATIVES GUILD PENSION PLAN 401k Plan overview

Plan NameNEWSPAPER GUILD OF NEW YORK-LOCAL REPRESENTATIVES GUILD PENSION PLAN
Plan identification number 002

NEWSPAPER GUILD OF NEW YORK-LOCAL REPRESENTATIVES GUILD PENSION PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Code section 414(k) arrangement - Benefits are based partly on the balance of the separate account of the participant (also include appropriate defined contribution pension feature codes).
  • Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).

401k Sponsoring company profile

NEWSPAPER GUILD OF NEW YORK has sponsored the creation of one or more 401k plans.

Company Name:NEWSPAPER GUILD OF NEW YORK
Employer identification number (EIN):131105115
NAIC Classification:561110
NAIC Description:Office Administrative Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NEWSPAPER GUILD OF NEW YORK-LOCAL REPRESENTATIVES GUILD PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022021-11-01ROBERT COSTELLO2023-08-10
0022020-11-01ROBERT COSTELLO2022-08-10
0022019-11-01ROBERT COSTELLO2021-07-08
0022018-11-01ROBERT COSTELLO2020-08-11
0022017-11-01ROBERT COSTELLO2019-09-18
0022017-11-01ROBERT COSTELLO2019-08-06
0022016-11-01ROBERT COSTELLO2018-08-09
0022015-11-01ROBERT COSTELLO2017-08-09
0022014-11-01ROBERT COSTELLO2016-08-10
0022014-11-01ROBERT COSTELLO2016-08-12
0022013-11-01ROBERT COSTELLO2015-08-14
0022012-11-01ROBERT COSTELLO2014-08-13
0022011-11-01ROBERT COSTELLO2013-08-13
0022010-11-01ROBERT COSTELLO2012-07-26
0022009-11-01ROBERT COSTELLO
0022008-11-01

Plan Statistics for NEWSPAPER GUILD OF NEW YORK-LOCAL REPRESENTATIVES GUILD PENSION PLAN

401k plan membership statisitcs for NEWSPAPER GUILD OF NEW YORK-LOCAL REPRESENTATIVES GUILD PENSION PLAN

Measure Date Value
2022: NEWSPAPER GUILD OF NEW YORK-LOCAL REPRESENTATIVES GUILD PENSION PLAN 2022 401k membership
Market value of plan assets2022-10-315,151,362
Acturial value of plan assets2022-10-315,151,362
Funding target for retired participants and beneficiaries receiving payment2022-10-313,659,923
Number of terminated vested participants2022-10-315
Fundng target for terminated vested participants2022-10-31392,257
Active participant vested funding target2022-10-311,202,819
Number of active participants2022-10-3126
Total funding liabilities for active participants2022-10-311,391,434
Total participant count2022-10-3148
Total funding target for all participants2022-10-315,443,614
Prefunding balance at beginning of prior year after applicable adjustments2022-10-31144,155
Amount remaining of prefunding balance2022-10-31144,155
Present value of excess contributions2022-10-31195,219
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-10-31206,503
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-10-31206,503
Balance of prefunding at beginning of current year2022-10-31375,640
Total employer contributions2022-10-31566,000
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2022-10-31549,767
Minimum required contributions for current year target normal cost2022-10-31257,093
Net shortfall amortization installment of oustanding balance2022-10-31667,892
Total funding amount beforereflecting carryover/prefunding balances2022-10-31329,072
Prefunding balance elected to use to offset funding requirement2022-10-31329,072
Additional cash requirement2022-10-310
Contributions allocatedtoward minimum required contributions for current year2022-10-31549,767
Unpaid minimum required contributions for all years2022-10-310
2021: NEWSPAPER GUILD OF NEW YORK-LOCAL REPRESENTATIVES GUILD PENSION PLAN 2021 401k membership
Market value of plan assets2021-10-314,238,175
Acturial value of plan assets2021-10-314,238,175
Funding target for retired participants and beneficiaries receiving payment2021-10-313,713,520
Number of terminated vested participants2021-10-314
Fundng target for terminated vested participants2021-10-31275,158
Active participant vested funding target2021-10-311,020,741
Number of active participants2021-10-3119
Total funding liabilities for active participants2021-10-311,196,154
Total participant count2021-10-3140
Total funding target for all participants2021-10-315,184,832
Prefunding balance at beginning of prior year after applicable adjustments2021-10-3133,448
Amount remaining of prefunding balance2021-10-3133,448
Present value of excess contributions2021-10-31103,403
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-10-31109,152
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-10-31109,152
Balance of prefunding at beginning of current year2021-10-31144,155
Total employer contributions2021-10-31540,000
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2021-10-31524,180
Minimum required contributions for current year target normal cost2021-10-31221,952
Net shortfall amortization installment of oustanding balance2021-10-311,090,812
Total funding amount beforereflecting carryover/prefunding balances2021-10-31328,961
Additional cash requirement2021-10-31328,961
Contributions allocatedtoward minimum required contributions for current year2021-10-31524,180
Unpaid minimum required contributions for all years2021-10-310
2020: NEWSPAPER GUILD OF NEW YORK-LOCAL REPRESENTATIVES GUILD PENSION PLAN 2020 401k membership
Market value of plan assets2020-10-313,980,698
Acturial value of plan assets2020-10-313,980,698
Funding target for retired participants and beneficiaries receiving payment2020-10-313,879,663
Number of terminated vested participants2020-10-312
Fundng target for terminated vested participants2020-10-31138,687
Active participant vested funding target2020-10-31711,557
Number of active participants2020-10-3116
Total funding liabilities for active participants2020-10-311,049,456
Total participant count2020-10-3135
Total funding target for all participants2020-10-315,067,806
Prefunding balance at beginning of prior year after applicable adjustments2020-10-3131,451
Amount remaining of prefunding balance2020-10-3131,451
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-10-311,997
Balance of prefunding at beginning of current year2020-10-3133,448
Total employer contributions2020-10-31446,471
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-10-31432,943
Minimum required contributions for current year target normal cost2020-10-31225,936
Net shortfall amortization installment of oustanding balance2020-10-311,120,556
Total funding amount beforereflecting carryover/prefunding balances2020-10-31329,540
Additional cash requirement2020-10-31329,540
Contributions allocatedtoward minimum required contributions for current year2020-10-31432,943
Unpaid minimum required contributions for all years2020-10-310
2019: NEWSPAPER GUILD OF NEW YORK-LOCAL REPRESENTATIVES GUILD PENSION PLAN 2019 401k membership
Market value of plan assets2019-10-313,540,248
Acturial value of plan assets2019-10-313,540,248
Funding target for retired participants and beneficiaries receiving payment2019-10-314,023,241
Number of terminated vested participants2019-10-312
Fundng target for terminated vested participants2019-10-31125,582
Active participant vested funding target2019-10-31544,847
Number of active participants2019-10-3112
Total funding liabilities for active participants2019-10-31727,991
Total participant count2019-10-3132
Total funding target for all participants2019-10-314,876,814
Prefunding balance at beginning of prior year after applicable adjustments2019-10-3130,382
Amount remaining of prefunding balance2019-10-3130,382
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-10-311,069
Balance of prefunding at beginning of current year2019-10-3131,451
Total employer contributions2019-10-31551,023
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-10-31530,403
Minimum required contributions for current year target normal cost2019-10-31174,607
Net shortfall amortization installment of oustanding balance2019-10-311,368,017
Total funding amount beforereflecting carryover/prefunding balances2019-10-31530,403
Additional cash requirement2019-10-31530,403
Contributions allocatedtoward minimum required contributions for current year2019-10-31530,403
Unpaid minimum required contributions for all years2019-10-310
2018: NEWSPAPER GUILD OF NEW YORK-LOCAL REPRESENTATIVES GUILD PENSION PLAN 2018 401k membership
Market value of plan assets2018-10-313,339,791
Acturial value of plan assets2018-10-313,336,408
Funding target for retired participants and beneficiaries receiving payment2018-10-313,724,172
Number of terminated vested participants2018-10-311
Fundng target for terminated vested participants2018-10-3155,232
Active participant vested funding target2018-10-31633,530
Number of active participants2018-10-3113
Total funding liabilities for active participants2018-10-31715,425
Total participant count2018-10-3131
Total funding target for all participants2018-10-314,494,829
Prefunding balance at beginning of prior year after applicable adjustments2018-10-3114,945
Amount remaining of prefunding balance2018-10-3114,945
Present value of excess contributions2018-10-3113,476
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-10-3114,289
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-10-3114,289
Balance of prefunding at beginning of current year2018-10-3130,382
Total employer contributions2018-10-31482,506
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-10-31459,718
Minimum required contributions for current year target normal cost2018-10-31172,628
Net shortfall amortization installment of oustanding balance2018-10-311,188,803
Total funding amount beforereflecting carryover/prefunding balances2018-10-31459,718
Additional cash requirement2018-10-31459,718
Contributions allocatedtoward minimum required contributions for current year2018-10-31459,718
Unpaid minimum required contributions for all years2018-10-310
2017: NEWSPAPER GUILD OF NEW YORK-LOCAL REPRESENTATIVES GUILD PENSION PLAN 2017 401k membership
Market value of plan assets2017-10-313,061,687
Acturial value of plan assets2017-10-313,061,687
Funding target for retired participants and beneficiaries receiving payment2017-10-313,297,918
Number of terminated vested participants2017-10-311
Fundng target for terminated vested participants2017-10-3150,536
Active participant vested funding target2017-10-31962,002
Number of active participants2017-10-319
Total funding liabilities for active participants2017-10-31982,348
Total participant count2017-10-3127
Total funding target for all participants2017-10-314,330,802
Prefunding balance at beginning of prior year after applicable adjustments2017-10-31169,703
Prefunding balanced used to offset prior years funding requirement2017-10-31155,329
Amount remaining of prefunding balance2017-10-3114,374
Balance of prefunding at beginning of current year2017-10-3114,945
Total employer contributions2017-10-31422,064
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-10-31403,850
Minimum required contributions for current year target normal cost2017-10-31122,137
Net shortfall amortization installment of oustanding balance2017-10-311,284,060
Total funding amount beforereflecting carryover/prefunding balances2017-10-31390,374
Additional cash requirement2017-10-31390,374
Contributions allocatedtoward minimum required contributions for current year2017-10-31403,850
Unpaid minimum required contributions for all years2017-10-310
2009: NEWSPAPER GUILD OF NEW YORK-LOCAL REPRESENTATIVES GUILD PENSION PLAN 2009 401k membership
Total participants, beginning-of-year2009-11-0126
Total number of active participants reported on line 7a of the Form 55002009-11-018
Number of retired or separated participants receiving benefits2009-11-0111
Number of other retired or separated participants entitled to future benefits2009-11-012
Total of all active and inactive participants2009-11-0121
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-11-013
Total participants2009-11-0124
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-11-011

Form 5500 Responses for NEWSPAPER GUILD OF NEW YORK-LOCAL REPRESENTATIVES GUILD PENSION PLAN

2009: NEWSPAPER GUILD OF NEW YORK-LOCAL REPRESENTATIVES GUILD PENSION PLAN 2009 form 5500 responses
2009-11-01Type of plan entitySingle employer plan
2009-11-01Submission has been amendedNo
2009-11-01This submission is the final filingNo
2009-11-01This return/report is a short plan year return/report (less than 12 months)No
2009-11-01Plan is a collectively bargained planYes
2009-11-01Plan funding arrangement – TrustYes
2009-11-01Plan benefit arrangement - TrustYes
2008: NEWSPAPER GUILD OF NEW YORK-LOCAL REPRESENTATIVES GUILD PENSION PLAN 2008 form 5500 responses
2008-11-01Type of plan entitySingle employer plan
2008-11-01Submission has been amendedNo
2008-11-01This submission is the final filingNo
2008-11-01This return/report is a short plan year return/report (less than 12 months)No
2008-11-01Plan is a collectively bargained planNo

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