The Hearst Corporation Broadcast Retirement Plan — Form 5500 plan (The Hearst Corporation)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, The Hearst Corporation Broadcast Retirement Plan is a benefit plan reported by The Hearst Corporation under EIN 13-0433120 and plan number 049. The latest loaded filing year is 2023. The filing reports 5,054 participants and $413,995,436 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
The Hearst Corporation
EIN
13-0433120
Plan number
049
Plan type
2
Location
Charlotte, NC
Latest filing year
2023
Participants
5,054
End-of-year plan assets
$413,995,436

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20235,054H, C20241011170536NAL0022398609001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$413,995,436
Total liabilities (EOY)
$140,523
Net assets (EOY)
$413,854,913
Net assets (BOY)
$374,547,873

Income & contributions

Employer contributions
$131,271
Participant contributions
$123
Total contributions
$131,394
Total income / additions
$62,273,393

Expenses & distributions

Benefits paid
$20,695,994
Administrative expenses
$2,270,359
Total expenses
$22,966,353
Net increase / (decrease)
$39,307,040

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
MercerACTUARY$231,800not reported in the loaded dataset2023
Alight SolutionsNONE$215,163$1,5662023
Truist BankCONTRACT ADMINISTRATOR$73,600not reported in the loaded dataset2023
Deloitte & Touche LlpAUDITOR$71,523not reported in the loaded dataset2023

Related Form 5500 pages