The Buffalo News, Inc. 401(k) Plan (terminated 2022): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2022, when $25.3 million was transferred out of the plan. Assets moved to the LEE ENTERPRISES, INC. EMPLOYEES RETIREMENT ACCOUNT PLAN (sponsored by LEE ENTERPRISES, INC.). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

See the LEE ENTERPRISES, INC. EMPLOYEES RETIREMENT ACCOUNT PLAN

The Buffalo News, Inc. 401(k) Plan Facts (plan year 2022)

Plan name
THE BUFFALO NEWS 401K PLAN
Plan type
401(k) and profit sharing
Plan sponsor
THE BUFFALO NEWS, INC.
Participants
494
Employer contributions
$488,693 in plan year 2022 (43% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2022 – Dec 31, 2022
Plan established
Dec 15, 1986
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 2022 (Jan 1, 2022 – Dec 31, 2022), filed Oct 15, 2023. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2022

  • $1.13 million went into the plan in contributions, $488,693 of it from the employer (43%).
  • $12.3 million was paid out to participants.

How the The Buffalo News, Inc. 401(k) changed, 20172022

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2017810$37.7 million$2.72 million
2018783$33.5 million$3.59 million
2019734$37.5 million$3.93 million
2020460$39.4 million$15,086$3.91 million
2021500$42.6 million$393,382$4.39 million
2022 (final)494$0$488,693$12.3 million

The Buffalo News, Inc. 401(k) Contact Information

Phone
716-849-4154
Mailing address
ONE NEWS PLAZA, BUFFALO NY 142409998
Plan sponsor
THE BUFFALO NEWS, INC.
Employer identification number (EIN)
27-1529305
Plan number
006

Questions about the The Buffalo News, Inc. 401(k)

Is the The Buffalo News, Inc 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2022. Its assets were transferred to the LEE ENTERPRISES, INC. EMPLOYEES RETIREMENT ACCOUNT PLAN.

Does The Buffalo News, Inc contribute to the 401(k)?

The plan does not report an employer matching arrangement on its Form 5500. It did report $488,693 in employer contributions for plan year 2022.

Does the The Buffalo News, Inc 401(k) have automatic enrollment?

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

How many people are in the The Buffalo News, Inc 401(k) plan?

494 participants at the start of plan year 2022.

Who manages the The Buffalo News, Inc 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

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