Business Wire, Inc. 401(k) Plan: Login, Facts & Contact Information

Business Wire, Inc. 401(k) Plan Facts

Plan name
BUSINESS WIRE 401K SAVINGS TRUST
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
BUSINESS WIRE, INC.
Participants
583 (322 active employees)
Former employees with a balance
253
Plan assets
$124,905,298 at Dec 31, 2024
Average account balance
$217,227 across 575 accounts
Employer contributions
$1,745,090 in plan year 2024 (35% of all contributions)
Recordkeeper
Newport Group, Inc.
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Feb 20, 1969
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 14, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $5.02 million went into the plan in contributions, $1.75 million of it from the employer (35%).
  • $13.6 million was paid out to participants.
  • Investment and other income added $16.4 million.
  • Administrative expenses were $93,937, about $163 per account.

How the Business Wire, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019588$94.0 million$1.83 million$7.19 million
2020649$104.7 million$2.79 million$8.67 million
2021655$117.6 million$2.01 million$9.25 million
2022601$99.5 million$2.20 million$5.00 million
2023613$117.2 million$2.07 million$7.18 million
2024583$124.9 million$1.75 million$13.6 million

Business Wire, Inc. 401(k) Contact Information

Phone
415-986-4422
Mailing address
101 CALIFORNIA STREET 20TH FLOOR, SAN FRANCISCO CA 94111
Plan sponsor
BUSINESS WIRE, INC.
Employer identification number (EIN)
20-4146409
Plan number
002

Questions about the Business Wire, Inc. 401(k)

Does Business Wire, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.75 million, 35% of all contributions.

Does the Business Wire, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Business Wire, Inc 401(k) plan?

583 participants at the start of plan year 2024, 322 of them active employees, and 253 former employees who still had money in the plan.

What is the average 401(k) balance at Business Wire, Inc?

About $217,227 per account: $124.9 million in plan assets across 575 accounts with a balance at the end of plan year 2024.

Who manages the Business Wire, Inc 401(k) accounts?

Newport (an Ascensus company) (listed on the filing as NEWPORT GROUP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Business Wire, Inc. How do I access my 401(k)?

Your account stays with Newport (an Ascensus company) after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

Related Companies
Headquarter: 28315 KENSINGTON LANE, PERRYSBURG, OH, 43551
Headquarter: 12409 QUAKER AVENUE, LUBBOCK, TX, 79424
Headquarter: 100 MORRIS STREET, MORRISTOWN, NJ, 07960
Headquarter: 1000 EATON BOULEVARD, CLEVELAND, OH, 44122
Headquarter: 539 SOUTH MAIN STREET, FINDLAY, OH, 45840