Media General, Inc.
60
Plan:
MG Advantage 401k Plan
37
63
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 27 point difference between this plan's BrightScope Rating (60) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
11 additional years of work Up to $72,100 in lost retirement savings.The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.
Retirement Plan Description
MG Advantage 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 60. This plan is in the top 15% of plans for Total Plan Cost. MG Advantage 401k Plan currently has over 6,300 active participants and over $190.0M in plan assets.
Retirement Plan Details
| Address |
333 E. Franklin Street
Po Box 85333 Richmond, VA 23219 |
| Industry | Newspaper Publishers |
| Administrator | Laura Bondurant |
| Net Plan Assets | $190,000,000 |
| Total Participants | 6,400 |
| Avg Account Balance | $30,000 |
Compare Other Companies in Peer Group
| Meredith | 74.9 |
| John Wiley & Sons | 69.9 |
| Dow Jones & Company | 67.6 |
| EBSCO Industries | 66.4 |
| MediaNews Group | 57.8 |
| Morris Communications Company, LLC | 53.5 |
Comments