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FORM 5500 DATA

21st Century Fox America Consolidated Savings Plan

Overview

Plan Information

  • Plan Year01/01/2016 — 12/31/2016
  • Date of Plan02/01/2004
  • Net Assets as of 12/31/2016 $2,090,962,078
  • Plan Number6
  • Plan Type Single Employer
  • Is the plan collectively bargained? No
  • Did the plan file for an extension of time or the DFVC Program?Yes
  • Plan Funding Arrangement Trust
  • Plan Benefit Arrangement Trust

Participant Information as of 12/31/2016

  • Active (Eligible) Participants12,416
  • Retired or separated participants receiving benefits109
  • Other retired or separated participants entitled to future benefits6,933
  • Subtotal19,458
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits27
  • Total19,485
  • Total number of participants as of 01/01/201619,232
  • Number of participants with account balances19,325
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested740

Expenses

  • Total Benefit Payments$0
  • Corrective Distributions$0
  • Administrative Service Providers$0
  • Other Expenses$0
  • Total Expenses$0
  • Total Transfers$0

Sponsor Information

  • Address1211 Avenue of The Americas 15th Floor
  • CityNew York
  • StateNY
  • Zip10036-8701
  • Telephone(212) 852-7000
  • EIN13-3249610
  • Industry Code519100
  • Named AdministratorTheodore Exarhakos

Audit Information

  • Audit StatusAudited
  • AuditorErnst & Young LLP
  • Auditor EIN34-6565596
  • Audit Opinion Disclaimer
  • Audit TypeLimited Scope Audit

Benefits Provided Under the Plan

Code Benefit Description
2A Age/Service Weighted or New Comparability or Similar Plan Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New Comparability or Similar Plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the threshold or additional rate allowed under the permitted disparity rules of section 401(l)
2E Profit-sharing A defined contribution plan that allows employer discretionary contributions. These plans often contain a 401(k) feature.
2G Total participant-directed account plan Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J Code section 401(k) feature A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
2K Code section 401(m) arrangement Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contributions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
2R Brokerage Window Participant-directed brokerage accounts provided as an investment option under the plan.
2S Automatic Enrollment Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
2T Participant-directed Account Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
3H Controlled Group Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

Questions and Answers

Question Answer Amount
During the plan year did the employer fail to transmit to the plan any participant contributions within the time period described in 29 CFT 2510.3-102? Yes $17,043
Were any loans by the plan or fixed income obligations due the plan in default as of the close of plan year or classified during the year as uncollectible? Disregard participant loans secured by participant's account balance. No
Were any leases to which the plan was a party in default or classified during the year as uncollectible? No
Were there any nonexempt transactions with any party-in-interest? No
Was this plan covered by a fidelity bond? Yes $25,000,000
Did the plan have a loss, whether or not reimbursed by the plan's fidelity bond, that was caused by fraud or dishonesty? No
Did the plan hold any assets whose current value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Did the plan receive any noncash contributions whose value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Did the plan have assets held for investment? Yes
Were any plan transactions or series of transactions in excess of 5% of the current value of plan assets? No
Were all the plan assets either distributed to participants or beneficiaries, transferred to another plan, or brought under the control of the PBGC? No
Has the plan failed to provide any benefit when due under the plan? No
If this is an individual account plan, was there a blackout period? No
If there was a blackout period, have you either provided the required notice or one of the exceptions to providing the notice applied under 29 CFR 2520.101-3? No

Financials

Income and Expense Statement

Income $336,139,394
Contributions $186,713,687
Cash Contributions $186,713,687
Cash from Employers $59,423,915
Cash from Participants $104,242,828
Others (including rollovers) $23,046,944
Noncash Contributions $0
Total Earnings on Investments $149,361,189
Total Interest $1,235,984
Interest-Bearing Cash $19,771
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $1,216,213
Interest from Other Investments $0
Total Dividends $50,292,453
Preferred Stock $0
Common Stock $0
Rents $0
Net gain (loss) on sale of assets $0
Aggregate Proceeds $0
Aggregate Carrying Amount $0
Total Unrealized Appreciation (depreciation) of assets $0
Real Estate $0
Other $0
Net investment gain (loss) from common/collective trusts $48,646,517
Net investment gain (loss) from pooled separate accounts $0
Net investment gain (loss) from master trust investment accounts $0
Net investment gain (loss) from 103-12 investment entities $0
Net investment gain (loss) from registered investment companies $49,186,235
Other Income $64,518
Expenses $192,415,372
Total Benefit Payments $191,625,715
Directly to participants or beneficiaries, including direct rollovers $191,625,715
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $6,226
Certain deemed distributions of participant loans $56,068
Interest expense $0
Total Administrative Expenses $727,363
Professional Fees $291,833
Contract Administrator Fees $0
Investment Advisory and management fees $67,179
Other Administrative Fees $368,351
Net Income $143,724,022
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2016 12/31/2015 Change YOY
Total Assets $2,091,066,481 $1,946,680,192 7.42%
Total noninterest-bearing cash $67,684 $15,007 351.02%
Receivables $2,182,803 $3,256,114 -32.96%
Employer Contributions $1,031,548 $1,445,903 -28.66%
Participant Contributions $1,151,255 $1,810,211 -36.40%
Other Contributions $0 $0 0.0%
General Investments $5,765,964 $8,316,167 -30.67%
Interest-bearing cash $5,765,964 $8,316,167 -30.67%
U.S. Government Securities $0 $0 0.0%
Corporate Debt Instruments $0 $0 0.0%
Preferred $0 $0 0.0%
All Other $0 $0 0.0%
Corporate Stocks $0 $0 0.0%
Preferred $0 $0 0.0%
Common $0 $0 0.0%
Partnership/joint venture interests $0 $0 0.0%
Real estate (other than employer real property) $0 $0 0.0%
Loans (other than to participants) $0 $0 0.0%
Participants Loans $28,527,556 $29,015,284 -1.68%
Value of interest in common/collective trusts $134,525,656 $123,843,045 8.63%
Value of interest in pooled separate accounts $0 $0 0.0%
Value of interest in master trust investment accounts $0 $0 0.0%
Value of interest in 103-12 investment entities $0 $0 0.0%
Value of interest in registered investment companies $1,894,234,089 $1,760,457,034 7.60%
Value of funds held in insurance co. general account $0 $0 0.0%
Other Investments $25,762,729 $21,777,541 18.30%
Employer-related Investments $0 $0 0.0%
Employer Securities $0 $0 0.0%
Employer Real Property $0 $0 0.0%
Buildings and other property used in plan operation $0 $0 0.0%
Total Liabilities $104,403 $46,133 126.31%
Benefit Claims Payable (1) $0 $0 0.0%
Operating Payables (1) $104,403 $46,133 126.31%
Acquisition Indebtedness (1) $0 $0 0.0%
Other liabilities (1) $0 $0 0.0%
Net Assets $2,090,962,078 $1,946,634,059 7.41%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

  • Fidelity Inv. Inst. Ops. Co., Inc.

Other Service Providers Receiving Direct or Indirect Compensation

Name Nature of Service Relationship to Plan Sponsor Direct Compensation Paid by Plan Indirect Compensation Paid by Plan Total Compensation
Fidelity Inv. Inst. Ops. Co., Inc. Participant loan processing, Direct payment from the plan, Sub-transfer agency fees, Recordkeeping fees, Account maintenance fees, Securities brokerage commissions and fees Trustee $389,886 $0 $389,886
Hogan Lovells Us LLP Legal, Direct payment from the plan NONE $198,033 $0 $198,033
Ernst & Young LLP Accounting (including auditing), Direct payment from the plan NONE $71,800 $0 $71,800
Fiduciary Investment Advisors Investment advisory (plan), Direct payment from the plan NONE $67,179 $0 $67,179
Moss Adams LLP Accounting (including auditing), Direct payment from the plan NONE $22,000 $0 $22,000
Total $748,898 $0 $748,898

Indirect Compensation

There are no service providers with indirect compensation listed for this plan.

Service Providers Who Fail or Refuse to Provide Information

There are no service providers who failed or refused to provide information.

Termination Information on Accountants and Enrolled Actuaries

There is no termination information for this plan.

Investments

Investments

Name of Investment Investment Manager Type of Investment Dollar Value
Pru Core Conserv Int Bd Fd Prudential Trust Co DFE: Common/Collective Trust $41,812,047
Intermediate Term Credit Bond Fund Blackrock Institutional Trust Company DFE: Common/Collective Trust $22,977,659
Mortgage-Backed Security Index Fund Blackrock Institutional Trust Company DFE: Common/Collective Trust $18,602,828
Asset-Backed Security Index Fund Blackrock Institutional Trust Company DFE: Common/Collective Trust $14,463,526
Voya Dedicated Multi-Sector Sv Tf Voya Investment Trust Co DFE: Common/Collective Trust $12,123,771
Intermediate Government Bond I Blackrock Institutional Trust Company DFE: Common/Collective Trust $8,874,973
1-3 Year Government Bond Index Fund Blackrock Institutional Trust Company DFE: Common/Collective Trust $8,833,658
1-3 Year Credit Bond Index Fund Blackrock Institutional Trust Company DFE: Common/Collective Trust $4,819,252
Commercial Mortgage-Backed Sec Fd Blackrock Institutional Trust Company DFE: Common/Collective Trust $2,017,942
Long Term Government Bond Index Fd Blackrock Institutional Trust Company DFE: Common/Collective Trust $0
Total $134,525,656

Insurance Information

Insurance Information

There are no insurance carriers listed for this plan.