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NEW YORK DAILY NEWS 401(K) PLAN 401k Plan overview

Plan NameNEW YORK DAILY NEWS 401(K) PLAN
Plan identification number 001

NEW YORK DAILY NEWS 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
    SELECT distinct(Description) AS Description FROM 401k_benefit_codes LEFT JOIN 401k_benefit_code_description ON BenefitCode=Code COLLATE utf8_unicode_ci WHERE EIN='863584090' AND PlanID='001'

401k Sponsoring company profile

NY DAILY NEWS ENTERPRISES, LLC has sponsored the creation of one or more 401k plans.

Company Name:NY DAILY NEWS ENTERPRISES, LLC
Employer identification number (EIN):863584090
NAIC Classification:511110
NAIC Description:Newspaper Publishers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NEW YORK DAILY NEWS 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012024-01-01ANDREW BRACH
0012023-01-01ANDREW BRACH2024-10-07
0012022-01-01
0012022-01-01ANDREW BRACH
0012021-05-25
0012021-05-25TONI MARTINEZ

Financial Data on NEW YORK DAILY NEWS 401(K) PLAN

Measure Date Value
2024 : NEW YORK DAILY NEWS 401(K) PLAN 2024 401k financial data
Total liabilities as of the beginning of the plan year2024-10-070
Total expenses incurred by plan in this plan year2024-10-07235388
Net assets as of the end of the plan year2024-10-075804931
Total assets as of the beginning of the plan year2024-10-074304309
Value of plan covered by a fidelity bond2024-10-072000000
Participant contributions to plan in this plan year2024-10-07578369
Value of participant loans at end of plan year2024-10-07128572
Other contributions to plan in this plan year2024-10-0751032
Other income to plan in this plan year2024-10-07810405
Plan net income in this plan year2024-10-071500622
Net assets as of the end of the plan year2024-10-075804931
Net assets as of the beginning of the plan year2024-10-074304309
Employer contributions to plan in this plan year2024-10-07296204
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-0711933
2022 : NEW YORK DAILY NEWS 401(K) PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total income from all sources (including contributions)2022-12-31$1,849,088
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$215,969
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$206,844
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$2,368,045
Value of total assets at end of year2022-12-31$4,304,309
Value of total assets at beginning of year2022-12-31$2,671,190
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$9,125
Total interest from all sources2022-12-31$3,358
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$82,187
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$82,187
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$2,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$528,932
Participant contributions at end of year2022-12-31$78,350
Participant contributions at beginning of year2022-12-31$27,611
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$1,596,040
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$1,633,119
Value of net assets at end of year (total assets less liabilities)2022-12-31$4,304,309
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$2,671,190
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$4,201,982
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$2,643,579
Interest on participant loans2022-12-31$3,039
Income. Interest from loans (other than to participants)2022-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-12-31$23,977
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-12-31$319
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-604,502
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$243,073
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$206,844
Contract administrator fees2022-12-31$9,125
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31MAZARS USA LLP
Accountancy firm EIN2022-12-31131459550
Total unrealized appreciation/depreciation of assets2022-01-01$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-01-01$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-01-01$0
Total income from all sources (including contributions)2022-01-01$1,849,088
Total loss/gain on sale of assets2022-01-01$0
Total of all expenses incurred2022-01-01$215,969
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-01-01$206,844
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-01-01$2,368,045
Value of total assets at end of year2022-01-01$4,304,309
Value of total assets at beginning of year2022-01-01$2,671,190
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-01-01$9,125
Total interest from all sources2022-01-01$3,358
Total dividends received (eg from common stock, registered investment company shares)2022-01-01$82,187
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-01-01No
Total dividends received from registered investment company shares (eg mutual funds)2022-01-01$82,187
Was this plan covered by a fidelity bond2022-01-01Yes
Value of fidelity bond cover2022-01-01$2,000,000
If this is an individual account plan, was there a blackout period2022-01-01No
Were there any nonexempt tranactions with any party-in-interest2022-01-01No
Contributions received from participants2022-01-01$528,932
Participant contributions at end of year2022-01-01$78,350
Participant contributions at beginning of year2022-01-01$27,611
Income. Received or receivable in cash from other sources (including rollovers)2022-01-01$1,596,040
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-01-01No
Value of net income/loss2022-01-01$1,633,119
Value of net assets at end of year (total assets less liabilities)2022-01-01$4,304,309
Value of net assets at beginning of year (total assets less liabilities)2022-01-01$2,671,190
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-01-01No
Were any loans by the plan or fixed income obligations due to the plan in default2022-01-01No
Were any leases to which the plan was party in default or uncollectible2022-01-01No
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-01-01$4,201,982
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-01-01$2,643,579
Interest on participant loans2022-01-01$3,039
Income. Interest from loans (other than to participants)2022-01-01$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-01-01$23,977
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-01-01$319
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-01-01$-604,502
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-01-01No
Was there a failure to transmit to the plan any participant contributions2022-01-01No
Has the plan failed to provide any benefit when due under the plan2022-01-01No
Contributions received in cash from employer2022-01-01$243,073
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-01-01$206,844
Contract administrator fees2022-01-01$9,125
Did the plan have assets held for investment2022-01-01Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-01-01No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-01-01No
Opinion of an independent qualified public accountant for this plan2022-01-011
Accountancy firm name2022-01-01MAZARS USA LLP
Accountancy firm EIN2022-01-01131459550
2021 : NEW YORK DAILY NEWS 401(K) PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total income from all sources (including contributions)2021-12-31$2,671,340
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$150
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$2,613,897
Value of total assets at end of year2021-12-31$2,671,190
Value of total assets at beginning of year2021-12-31$0
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$150
Total interest from all sources2021-12-31$237
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$41,907
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$41,907
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$2,000,000
If this is an individual account plan, was there a blackout period2021-12-31No
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$244,981
Participant contributions at end of year2021-12-31$27,611
Participant contributions at beginning of year2021-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$2,266,692
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$2,671,190
Value of net assets at end of year (total assets less liabilities)2021-12-31$2,671,190
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$0
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$2,643,579
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$0
Interest on participant loans2021-12-31$237
Income. Interest from loans (other than to participants)2021-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$15,299
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$102,224
Contract administrator fees2021-12-31$150
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31MAZARS USA LLP
Accountancy firm EIN2021-12-31131459550

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