Employers › Lee Enterprises
Recordkeeping fees per participant · Lee Enterprises, Inc. Employees Retirement Account Plan · plan year 2024
$4.25
Higher than 5% of the 1,697 plans $250M to 1B that report it.
= $24,258 / 5,714
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251015155014NAL0010466978001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015155014NAL0010466978001, received 2025-10-15
Percentiles compare this plan with the Schedule H plans $250M to 1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-15.
Administrative expenses excluding investment management, per participant
$9.00
Higher than 5% of the 2,324 plans $250M to 1B that report it.
= $51,429 / 5,714
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015155014NAL0010466978001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015155014NAL0010466978001, received 2025-10-15
Administrative expenses per participant
$15.55
Higher than 6% of the 2,405 plans $250M to 1B that report it.
= $88,859 / 5,714
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015155014NAL0010466978001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015155014NAL0010466978001, received 2025-10-15
Administrative expenses as a share of assets
0.020%
Higher than 11% of the 2,407 plans $250M to 1B that report it.
= $88,859 / $441,557,799
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015155014NAL0010466978001, received 2025-10-15
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015155014NAL0010466978001, received 2025-10-15
Employer contributions per participant
$578
Higher than 4% of the 2,457 plans $250M to 1B that report it.
= $3,302,606 / 5,714
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015155014NAL0010466978001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015155014NAL0010466978001, received 2025-10-15
Employer share of total contributions
16.4%
Higher than 8% of the 2,459 plans $250M to 1B that report it.
= $3,302,606 / $20,168,485
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015155014NAL0010466978001, received 2025-10-15
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015155014NAL0010466978001, received 2025-10-15
Plan terms are described in Lee Enterprises, Incorporated's SEC filings: Form 10-K filed 2025-11-26. No term could be quoted from them with the required precision.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251015155014NAL0010466978001, received 2025-10-15
| Field | Value | Source |
|---|---|---|
| Plan sponsor | LEE ENTERPRISES, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251015155014NAL0010466978001, received 2025-10-15 |
| Plan name | LEE ENTERPRISES, INC. EMPLOYEES RETIREMENT ACCOUNT PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251015155014NAL0010466978001, received 2025-10-15 |
| Sponsor EIN / plan number | 42-0823980 / 018 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251015155014NAL0010466978001, received 2025-10-15 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251015155014NAL0010466978001, received 2025-10-15 |
| Sponsor location | DAVENPORT, IA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251015155014NAL0010466978001, received 2025-10-15 |
| Industry (business code) | 511110, Information | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251015155014NAL0010466978001, received 2025-10-15 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251015155014NAL0010466978001, received 2025-10-15 |
| Filing received | 2025-10-15 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251015155014NAL0010466978001, received 2025-10-15 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251015155014NAL0010466978001, received 2025-10-15 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251015155014NAL0010466978001, received 2025-10-15 |
| Participants, beginning of year | 6,388 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251015155014NAL0010466978001, received 2025-10-15 |
| Active participants | 3,158 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251015155014NAL0010466978001, received 2025-10-15 |
| Participants, end of year | 5,939 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251015155014NAL0010466978001, received 2025-10-15 |
| Participants with an account balance | 5,714 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015155014NAL0010466978001, received 2025-10-15 |
| Total assets, beginning of year | $447,276,243 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251015155014NAL0010466978001, received 2025-10-15 |
| Total assets, end of year | $441,557,799 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015155014NAL0010466978001, received 2025-10-15 |
| Net assets, end of year | $441,557,799 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251015155014NAL0010466978001, received 2025-10-15 |
| Total income | $68,957,387 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251015155014NAL0010466978001, received 2025-10-15 |
| Net income | $-5,718,444 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251015155014NAL0010466978001, received 2025-10-15 |
| Employer contributions | $3,302,606 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015155014NAL0010466978001, received 2025-10-15 |
| Participant contributions | $13,256,262 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251015155014NAL0010466978001, received 2025-10-15 |
| Other contributions (incl. rollovers) | $3,609,617 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251015155014NAL0010466978001, received 2025-10-15 |
| Total contributions | $20,168,485 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015155014NAL0010466978001, received 2025-10-15 |
| Benefit payments | $74,586,656 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251015155014NAL0010466978001, received 2025-10-15 |
| Total expenses (incl. benefit payments) | $74,675,831 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251015155014NAL0010466978001, received 2025-10-15 |
| Total administrative expenses | $88,859 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015155014NAL0010466978001, received 2025-10-15 |
| Contract administrator fees | $0 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251015155014NAL0010466978001, received 2025-10-15 |
| Recordkeeping fees | $24,258 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251015155014NAL0010466978001, received 2025-10-15 |
| IQPA audit fees | $34,433 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251015155014NAL0010466978001, received 2025-10-15 |
| Investment advisory and management fees | $37,430 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251015155014NAL0010466978001, received 2025-10-15 |
| Administrative expenses excluding investment management | $51,429 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015155014NAL0010466978001, received 2025-10-15 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251015155014NAL0010466978001, received 2025-10-15 |
| Held in common/collective trusts | $336,304,464 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251015155014NAL0010466978001, received 2025-10-15 |
| Held in mutual funds | $102,156,626 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251015155014NAL0010466978001, received 2025-10-15 |
| Independent auditor | COHNREZNICK, LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251015155014NAL0010466978001, received 2025-10-15 |
Position = column in the DOL layout for form year 2024. Filing 20251015155014NAL0010466978001, received 2025-10-15.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| GROOM LAW GROUP CHARTERED | NONE | 29 Legal | $51,855 | no |
| COHNREZNICK LLP | NONE | 10 Accounting (including auditing) | $34,433 | no |
| MERCER (US) INC | NONE | 27 Investment advisory (plan) | $25,680 | no |
| EMPOWER ANNUITY INSURANCE COMPANY Orecordkeeper | NONE | 64 Recordkeeping fees; 15 Recordkeeping and information management; 37 Participant loan processing; 50 Direct payment from the plan | $24,258 | yes |
| MARSH & MCLENNAN COMPANIES INC | NONE | 99 Other fees | $11,750 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251015155014NAL0010466978001, received 2025-10-15.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $447,276,243 | $441,557,799 | -1.3% |
| Participants with a balance | 6,110 | 5,714 | -6.5% |
| Administrative expenses | $194,768 | $88,859 | -54.4% |
| Recordkeeping fees per participant | $0.57 | $4.25 | 645.6% |
| Employer contributions | $3,880,523 | $3,302,606 | -14.9% |
Prior filing 20241015093905NAL0016072723001, received 2024-10-15; the plan years are contiguous.
Sponsor name as filed: LEE ENTERPRISES, INC.; SEC registrant: LEE ENTERPRISES, Inc (CIK 58361, matched by EIN; display name from the Form 10-K cover).