Media General, Inc. 401(k) Plan (terminated 2017): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2017, when $425.5 million was transferred out of the plan. Assets moved to the NEXSTAR MEDIA GROUP, INC. 401(K) PLAN (sponsored by NEXSTAR MEDIA GROUP, INC.). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

See the NEXSTAR MEDIA GROUP, INC. 401(K) PLAN →

Media General, Inc. 401(k) Plan Facts (plan year 2017)

Plan name
MG ADVANTAGE 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
MEDIA GENERAL, INC.
Participants
7,980
Former employees with a balance
0
Employer contributions
$3,330,219 in plan year 2017 (18% of all contributions)
Plan year
Jan 1, 2017 – Sep 22, 2017
Plan established
Jan 1, 2001
✓ 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 2017 (Jan 1, 2017 – Sep 22, 2017), filed Aug 28, 2018. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2017

  • $18.6 million went into the plan in contributions, $3.33 million of it from the employer (18%).
  • $44.2 million was paid out to participants.
  • Investment and other income added $49.1 million.

How the Media General, Inc. 401(k) changed, 2012–2017

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20126,277$184.1 million$2.53 million$29.0 million
20135,148$194.6 million$1.28 million$67.7 million
20143,487$240.0 million$3.15 million$33.8 million
20154,377$377.8 million$2.88 million$37.5 million
20165,549$402.2 million$7.21 million$38.4 million
2017 (final)7,980$0$3.33 million$44.2 million

Media General, Inc. 401(k) Contact Information

Phone
972-373-8800
Mailing address
545 E. JOHN CARPENTER FREEWAY SUITE 700, IRVING TX 75062
Plan sponsor
MEDIA GENERAL, INC.
Employer identification number (EIN)
54-0850433
Plan number
001

Questions about the Media General, Inc. 401(k)

Is the Media General, Inc 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2017. Its assets were transferred to the NEXSTAR MEDIA GROUP, INC. 401(K) PLAN.

Does Media General, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2017 the employer contributed $3.33 million, 18% of all contributions.

Does the Media General, Inc 401(k) have automatic enrollment?

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

How many people are in the Media General, Inc 401(k) plan?

7,980 participants at the start of plan year 2017.

Who manages the Media General, Inc 401(k) accounts?

Fidelity NetBenefits is the plan's recordkeeper, which is where participants log in to see their balance.

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