Sinclair Broadcast Group, Inc. 401(k) Plan: Login, Facts & Contact Information
Sinclair Broadcast Group, Inc. 401(k) Login
2,804 former Sinclair Broadcast Group, Inc. employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2022 filing.
Sinclair Broadcast Group, Inc. 401(k) Plan Facts
Source: Form 5500 for plan year 2022 (Jan 1, 2022 – Dec 31, 2022), filed Aug 15, 2023. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2022
- $63.9 million went into the plan in contributions, $20.0 million of it from the employer (31%).
- $58.7 million was paid out to participants.
- Administrative expenses were $128,504, about $15 per account.
How the Sinclair Broadcast Group, Inc. 401(k) changed, 2017–2022
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2017 | 9,596 | $414.1 million | $7.02 million | $31.7 million |
| 2018 | 10,037 | $402.1 million | $7.32 million | $25.3 million |
| 2019 | 10,283 | $527.3 million | $17.3 million | $33.0 million |
| 2020 | 11,369 | $620.4 million | $17.3 million | $43.6 million |
| 2021 | 11,410 | $690.2 million | $20.4 million | $58.8 million |
| 2022 | 10,761 | $566.8 million | $20.0 million | $58.7 million |
Sinclair Broadcast Group, Inc. 401(k) Contact Information
Questions about the Sinclair Broadcast Group, Inc. 401(k)
Does Sinclair Broadcast Group, Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2022 the employer contributed $20.0 million, 31% of all contributions.
Does the Sinclair Broadcast Group, Inc 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Sinclair Broadcast Group, Inc 401(k) plan?
10,761 participants at the start of plan year 2022, 8,337 of them active employees, and 2,804 former employees who still had money in the plan.
What is the average 401(k) balance at Sinclair Broadcast Group, Inc?
About $65,777 per account: $566.8 million in plan assets across 8,617 accounts with a balance at the end of plan year 2022.
Who manages the Sinclair Broadcast Group, Inc 401(k) accounts?
Empower (listed on the filing as MASS MUTUAL LIFE INS COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Sinclair Broadcast Group, Inc. How do I access my 401(k)?
Your account stays with Empower 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.