MEDIANEWS GROUP, INC. has sponsored the creation of one or more 401k plans.
Additional information about MEDIANEWS GROUP, INC.
Measure | Date | Value |
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2019: MNG MERGED GUILD PLAN 2019 401k membership |
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Market value of plan assets | 2019-09-30 | 19,735,813 |
Acturial value of plan assets | 2019-09-30 | 19,239,467 |
Funding target for retired participants and beneficiaries receiving payment | 2019-09-30 | 14,223,438 |
Number of terminated vested participants | 2019-09-30 | 65 |
Fundng target for terminated vested participants | 2019-09-30 | 2,936,713 |
Active participant vested funding target | 2019-09-30 | 791,426 |
Number of active participants | 2019-09-30 | 11 |
Total funding liabilities for active participants | 2019-09-30 | 844,572 |
Total participant count | 2019-09-30 | 281 |
Total funding target for all participants | 2019-09-30 | 18,004,723 |
Balance at beginning of prior year after applicable adjustments | 2019-09-30 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2019-09-30 | 3,018,824 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2019-09-30 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2019-09-30 | 300,000 |
Amount remaining of carryover balance | 2019-09-30 | 0 |
Amount remaining of prefunding balance | 2019-09-30 | 2,718,824 |
Present value of excess contributions | 2019-09-30 | 2,205,554 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2019-09-30 | 2,333,575 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2019-09-30 | 25,000 |
Reductions in prefunding balances due to elections or deemed elections | 2019-09-30 | 0 |
Balance of carryovers at beginning of current year | 2019-09-30 | 0 |
Balance of prefunding at beginning of current year | 2019-09-30 | 2,905,866 |
Total employer contributions | 2019-09-30 | 8,700,000 |
Total employee contributions | 2019-09-30 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2019-09-30 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2019-09-30 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2019-09-30 | 8,366,619 |
Liquidity shortfalls end of Q1 | 2019-09-30 | 0 |
Liquidity shortfalls end of Q2 | 2019-09-30 | 0 |
Liquidity shortfalls end of Q3 | 2019-09-30 | 0 |
Liquidity shortfalls end of Q4 | 2019-09-30 | 0 |
Unpaid minimum required contributions for all prior years | 2019-09-30 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2019-09-30 | 0 |
Remaining amount of unpaid minimum required contributions | 2019-09-30 | 0 |
Minimum required contributions for current year target normal cost | 2019-09-30 | 1,243,750 |
Net shortfall amortization installment of oustanding balance | 2019-09-30 | 39,343,643 |
Total funding amount beforereflecting carryover/prefunding balances | 2019-09-30 | 6,533,789 |
Carryover balance elected to use to offset funding requirement | 2019-09-30 | 0 |
Prefunding balance elected to use to offset funding requirement | 2019-09-30 | 2,100,000 |
Additional cash requirement | 2019-09-30 | 4,433,789 |
Contributions allocatedtoward minimum required contributions for current year | 2019-09-30 | 8,366,619 |
Unpaid minimum required contributions for current year | 2019-09-30 | 0 |
Unpaid minimum required contributions for all years | 2019-09-30 | 0 |
2018: MNG MERGED GUILD PLAN 2018 401k membership |
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Total participants, beginning-of-year | 2018-10-01 | 281 |
Total number of active participants reported on line 7a of the Form 5500 | 2018-10-01 | 0 |
Number of retired or separated participants receiving benefits | 2018-10-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2018-10-01 | 0 |
Total of all active and inactive participants | 2018-10-01 | 0 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2018-10-01 | 0 |
Total participants | 2018-10-01 | 0 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2018-10-01 | 0 |
Measure | Date | Value |
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2019 : MNG MERGED GUILD PLAN 2019 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2019-09-30 | $0 |
Total transfer of assets to this plan | 2019-09-30 | $178,426,313 |
Total transfer of assets from this plan | 2019-09-30 | $213,333,111 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-09-30 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-09-30 | $0 |
Total income from all sources (including contributions) | 2019-09-30 | $27,874,862 |
Total loss/gain on sale of assets | 2019-09-30 | $0 |
Total of all expenses incurred | 2019-09-30 | $12,796,623 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-09-30 | $11,723,244 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-09-30 | $8,700,000 |
Value of total assets at end of year | 2019-09-30 | $0 |
Value of total assets at beginning of year | 2019-09-30 | $19,828,559 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-09-30 | $1,073,379 |
Total interest from all sources | 2019-09-30 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-09-30 | $2,582,899 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-09-30 | Yes |
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2019-09-30 | $0 |
Total dividends received from registered investment company shares (eg mutual funds) | 2019-09-30 | $2,582,899 |
Was this plan covered by a fidelity bond | 2019-09-30 | Yes |
Value of fidelity bond cover | 2019-09-30 | $500,000 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-09-30 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2019-09-30 | No |
Administrative expenses (other) incurred | 2019-09-30 | $1,073,379 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-09-30 | No |
Value of net income/loss | 2019-09-30 | $15,078,239 |
Value of net assets at end of year (total assets less liabilities) | 2019-09-30 | $0 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-09-30 | $19,828,559 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-09-30 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2019-09-30 | No |
Were any leases to which the plan was party in default or uncollectible | 2019-09-30 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-09-30 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-09-30 | $7,582,215 |
Value of interest in pooled separate accounts at end of year | 2019-09-30 | $0 |
Value of interest in pooled separate accounts at beginning of year | 2019-09-30 | $8,034,663 |
Value of interest in master investment trust accounts at end of year | 2019-09-30 | $0 |
Value of interest in master investment trust accounts at beginning of year | 2019-09-30 | $1,811,681 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-09-30 | $15,741,578 |
Net investment gain/loss from pooled separate accounts | 2019-09-30 | $762,410 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-09-30 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2019-09-30 | No |
Has the plan failed to provide any benefit when due under the plan | 2019-09-30 | No |
Contributions received in cash from employer | 2019-09-30 | $8,700,000 |
Employer contributions (assets) at end of year | 2019-09-30 | $0 |
Employer contributions (assets) at beginning of year | 2019-09-30 | $2,400,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-09-30 | $11,723,244 |
Did the plan have assets held for investment | 2019-09-30 | 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 | 2019-09-30 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-09-30 | Yes |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-09-30 | Yes |
Opinion of an independent qualified public accountant for this plan | 2019-09-30 | Disclaimer |
Accountancy firm name | 2019-09-30 | PLANTE & MORAN, PLLC |
Accountancy firm EIN | 2019-09-30 | 381357951 |