Defined Benefit (Pension)
2022 plan-year Defined Benefit (Pension) DOL Form 5500

NEWS CORP PENSION PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

NC TRANSACTION, INC.

This Defined Benefit (Pension) plan holds $198M in total assets and serves 230 participants as of 2022. It is sponsored by NC TRANSACTION, INC. in New York. The plan reported a net loss of $89M for the year.

Total Assets (2023)
$198M
Participants
230
State
Industry
Information & Media

What the Filing Says About NEWS CORP PENSION PLAN

NEWS CORP PENSION PLAN is a Defined Benefit (Pension) retirement plan sponsored by NC TRANSACTION, INC., headquartered in New York. As of the 2022 Form 5500 filing, the plan reports $198M in total end-of-year assets and covers 230 participants across the Information & Media industry. The sponsor's EIN on file with the U.S. Department of Labor is 461138762, and the plan has been effective since 2013-06-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $287M at the beginning of 2022 to $198M at year-end — a decline of 31.0%. Net assets (after liabilities) closed the year at $198M, with reported net income of $-89,225,846 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$287M
Total Assets (End of Year)$198M
Net Assets (End of Year)$198M
Net Income$-89,225,846
Plan TypeDefined Benefit (Pension)
Employer EIN461138762
Plan Effective Date2013-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (NC TRANSACTION, INC.)

Year Plans Participants Total Assets
2022 2 8,460 $3.0B
2023 2 9,120 $3.4B
2024 2 8,449 $3.9B

Nearby Defined Benefit (Pension) Plans in New York

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Frequently Asked Questions

How much money is in the NEWS CORP PENSION PLAN?
As of the 2022 Form 5500 filing, NEWS CORP PENSION PLAN holds $198M in total assets with 230 participants. It is sponsored by NC TRANSACTION, INC..
What type of plan is NEWS CORP PENSION PLAN?
NEWS CORP PENSION PLAN is a Defined Benefit (Pension) plan. It has been effective since 2013-06-01. The plan is filed with the U.S. Department of Labor under EIN 461138762.
Who sponsors the NEWS CORP PENSION PLAN?
NEWS CORP PENSION PLAN is sponsored by NC TRANSACTION, INC., located in New York. The sponsor's EIN is 461138762 and the plan operates in the Information & Media industry.
How did NEWS CORP PENSION PLAN perform in 2022?
NEWS CORP PENSION PLAN declined by 31.0% during 2022, moving from $287M to $198M in total assets. Net income was $-89,225,846.
Where can I find official filings for NEWS CORP PENSION PLAN?
Official Form 5500 filings for NEWS CORP PENSION PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 461138762 or plan name at efast.dol.gov.
How does NEWS CORP PENSION PLAN compare to other plans?
You can compare NEWS CORP PENSION PLAN against other Defined Benefit (Pension) plans on the plan type page, or view plans in New York on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 461138762.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.