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

Newsela, Inc. 401(k) Plan Facts

Plan name
NEWSELA, INC. 401(K) RETIREMENT SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
NEWSELA, INC.
Participants
764 (324 active employees)
Former employees with a balance
293
Plan assets
$27,723,713 at Dec 31, 2024
Average account balance
$45,824 across 605 accounts
Employer contributions
$387,675 in plan year 2024 (9% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 2016
✓ 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 13, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $4.56 million went into the plan in contributions, $387,675 of it from the employer (9%).
  • $7.19 million was paid out to participants.
  • Investment and other income added $4.14 million.
  • Administrative expenses were $54,199, about $90 per account.

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

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019254$5.09 million—$219,407
2020337$9.58 million$0$445,555
2021449$17.2 million$315,944$947,108
2022725$19.4 million$469,274$1.89 million
2023836$26.3 million$493,541$4.24 million
2024764$27.7 million$387,675$7.19 million

Newsela, Inc. 401(k) Contact Information

Phone
401-213-9287
Mailing address
169 MADISON AVE STE 2770, NEW YORK NY 10016
Plan sponsor
NEWSELA, INC.
Employer identification number (EIN)
47-1882828
Plan number
001

Questions about the Newsela, Inc. 401(k)

Does Newsela, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $387,675, 9% of all contributions.

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

Yes. The plan reports automatic enrollment of eligible employees.

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

764 participants at the start of plan year 2024, 324 of them active employees, and 293 former employees who still had money in the plan.

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

About $45,824 per account: $27.7 million in plan assets across 605 accounts with a balance at the end of plan year 2024.

Who manages the Newsela, Inc 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

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

Your account stays with Fidelity NetBenefits 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: 1300 SE STARK STREET SUITE 401, PORTLAND, OR, 97214
Headquarter: 47-50 33RD STREET, LONG ISLAND CITY, NY, 11101
Headquarter: 7820 CRESCENT EXECUTIVE DRIVE, CHARLOTTE, NC, 28217
Headquarter: 3000 SCHWAB WAY, WESTLAKE, TX, 76262
Headquarter: 15407 MCGINTY RD. W. MS 85, WAYZATA, MN, 55391