Capitol News Company 401(k) Plan: Login, Facts & Contact Information

Capitol News Company 401(k) Plan Facts

Plan name
CNC PERPETUAL 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
CAPITOL NEWS COMPANY
Participants
1,375 (2,569 active employees)
Former employees with a balance
956
Plan assets
$55,050,246 at Dec 31, 2023
Average account balance
$16,331 across 3,371 accounts
Recordkeeper
The Vanguard Group, Inc.
Plan year
Jan 1, 2023 – Dec 31, 2023
Plan established
Jun 1, 1992
✓ 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 2023 (Jan 1, 2023 – Dec 31, 2023), filed Oct 8, 2024. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2023

  • $6.97 million went into the plan in contributions.
  • $3.83 million was paid out to participants.
  • Investment and other income added $7.65 million.
  • Administrative expenses were $368,547, about $109 per account.

How the Capitol News Company 401(k) changed, 2018–2023

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20182,342$51.8 million$1.18 million$4.20 million
20192,342$69.5 million$1.53 million$3.77 million
20202,458$85.4 million$1.55 million$4.30 million
20212,028$108.4 million$1.76 million$6.49 million
20221,970$44.5 million$14,130$4.06 million
20231,375$55.1 million$-28,809$3.83 million

Capitol News Company 401(k) Contact Information

Phone
703-647-8700
Mailing address
1000 WILSON BLVD. SUITE 2700, ARLINGTON VA 22209
Plan sponsor
CAPITOL NEWS COMPANY
Employer identification number (EIN)
20-5354799
Plan number
003

Questions about the Capitol News Company 401(k)

Does Capitol News Company contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2023 the employer contributed $-28,809, 0% of all contributions.

Does the Capitol News Company 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Capitol News Company 401(k) plan?

1,375 participants at the start of plan year 2023, 2,569 of them active employees, and 956 former employees who still had money in the plan.

What is the average 401(k) balance at Capitol News Company?

About $16,331 per account: $55.1 million in plan assets across 3,371 accounts with a balance at the end of plan year 2023.

Who manages the Capitol News Company 401(k) accounts?

Vanguard (listed on the filing as THE VANGUARD GROUP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Capitol News Company. How do I access my 401(k)?

Your account stays with Vanguard 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.

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