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Company:
Gannett Co., Inc.
Plan:
The Gannett 401k Plan
 

Gannett Co., Inc.

69 Plan: The Gannett 401k Plan

 
 
69
50
75
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 21 point difference between this plan's BrightScope Rating (69) and the top rated plan (90) could equate to:
[How is this calculated?]
13 additional years of work
Up to $141,900 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

The Gannett 401k Plan is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 69. This plan is in the top 15% of plans for Total Plan Cost. The Gannett 401k Plan currently has over 25,400 active participants and over $1.6B in plan assets.


 Investment Menu Statistics

No. of Investment Options
36
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Gannett Co., Inc. Common Stock 21%
2. AllianceBernstein Retirement Strategies 16%
3. Vanguard 500 Index 9%

 Retirement Plan Details

Address 7950 Jones Branch Drive
Mclean, VA 22107 
Industry Newspaper Publishers
Administrator Jeffery Newman
Net Plan Assets $1,610,000,000
Total Participants 25,000
Avg Account Balance $84,000

 Compare Other Companies in Peer Group

Dow Jones & Company 82.0
Reed Elsevier 79.1
Bertelsmann 78.3
Wolters Kluwer United States 72.8
The Hearst 72.7
Advance Publications 70.5

 
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Recordkeeper Xerox HR Solutions, LLC
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Corporate Trustee AllianceBernstein
Corporate Trustee BlackRock, Inc.
Legal Counsel Nixon Peabody Financial Advisors LLC
Auditor Ernst & Young