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THE SAVINGS PLAN FOR REPRESENTED EMPLOYEES OF TBC MEDIA MEDIA 401k Plan overview

Plan NameTHE SAVINGS PLAN FOR REPRESENTED EMPLOYEES OF TBC MEDIA MEDIA
Plan identification number 004

THE SAVINGS PLAN FOR REPRESENTED EMPLOYEES OF TBC MEDIA MEDIA Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

TBC MEDIA has sponsored the creation of one or more 401k plans.

Company Name:TBC MEDIA
Employer identification number (EIN):821490283
NAIC Classification:511110
NAIC Description:Newspaper Publishers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE SAVINGS PLAN FOR REPRESENTED EMPLOYEES OF TBC MEDIA MEDIA

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0042021-01-01
0042020-01-01
0042019-01-01PETER COWENHOVEN2020-10-07 PETER COWENHOVEN2020-10-07
0042018-01-01

Plan Statistics for THE SAVINGS PLAN FOR REPRESENTED EMPLOYEES OF TBC MEDIA MEDIA

401k plan membership statisitcs for THE SAVINGS PLAN FOR REPRESENTED EMPLOYEES OF TBC MEDIA MEDIA

Measure Date Value
2018: THE SAVINGS PLAN FOR REPRESENTED EMPLOYEES OF TBC MEDIA MEDIA 2018 401k membership
Total participants, beginning-of-year2018-01-01105
Total number of active participants reported on line 7a of the Form 55002018-01-0162
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-0137
Total of all active and inactive participants2018-01-0199
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-0199
Number of participants with account balances2018-01-0162
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010

Financial Data on THE SAVINGS PLAN FOR REPRESENTED EMPLOYEES OF TBC MEDIA MEDIA

Measure Date Value
2018 : THE SAVINGS PLAN FOR REPRESENTED EMPLOYEES OF TBC MEDIA MEDIA 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
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$0
Total income from all sources (including contributions)2018-12-31$-203,362
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$914,315
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$908,841
Expenses. Certain deemed distributions of participant loans2018-12-31$4,339
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$35,655
Value of total assets at end of year2018-12-31$4,951,995
Value of total assets at beginning of year2018-12-31$6,069,672
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$1,135
Total interest from all sources2018-12-31$5,931
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$500,000
If this is an individual account plan, was there a blackout period2018-12-31No
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$34,541
Participant contributions at end of year2018-12-31$12,206
Participant contributions at beginning of year2018-12-31$17,856
Other income not declared elsewhere2018-12-31$89
Administrative expenses (other) incurred2018-12-31$1,135
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-1,117,677
Value of net assets at end of year (total assets less liabilities)2018-12-31$4,951,995
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$6,069,672
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$4,405,848
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$5,534,362
Interest on participant loans2018-12-31$811
Interest earned on other investments2018-12-31$5,120
Value of interest in common/collective trusts at end of year2018-12-31$0
Value of interest in common/collective trusts at beginning of year2018-12-31$59,652
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2018-12-31$533,941
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2018-12-31$457,802
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-245,055
Net investment gain or loss from common/collective trusts2018-12-31$18
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$1,114
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$908,841
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31BARBICH HOOPER KING DILL HOFFMAN
Accountancy firm EIN2018-12-31953705481

Form 5500 Responses for THE SAVINGS PLAN FOR REPRESENTED EMPLOYEES OF TBC MEDIA MEDIA

2018: THE SAVINGS PLAN FOR REPRESENTED EMPLOYEES OF TBC MEDIA MEDIA 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – InsuranceYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement – InsuranceYes
2018-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract numberYH5102
Policy instance 1
Insurance contract or identification numberYH5102
Number of Individuals Covered99
Insurance policy start date2018-01-01
Insurance policy end date2018-12-31
Total amount of commissions paid to insurance brokerUSD $25,588
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $25,588
Insurance broker organization code?3

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