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

DETROIT FREE PRESS, INC. NEWSPAPER GUILD OF DETROIT PENSION PLAN

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

JOINT BOARD OF ADMINISTRATION C/O BENESYS

This Defined Benefit (Pension) plan holds $93M in total assets and serves 81 participants as of 2022. It is sponsored by JOINT BOARD OF ADMINISTRATION C/O BENESYS in Michigan. The plan reported a net loss of $26M for the year.

Total Assets (2023)
$93M
Participants
81
State
Industry
Manufacturing

What the Filing Says About DETROIT FREE PRESS, INC. NEWSPAPER GUILD OF DETROIT PENSION PLAN

DETROIT FREE PRESS, INC. NEWSPAPER GUILD OF DETROIT PENSION PLAN is a Defined Benefit (Pension) retirement plan sponsored by JOINT BOARD OF ADMINISTRATION C/O BENESYS, headquartered in Michigan. As of the 2022 Form 5500 filing, the plan reports $93M in total end-of-year assets and covers 81 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 454395876, and the plan has been effective since 1966-12-29. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $119M at the beginning of 2022 to $93M at year-end — a decline of 21.5%. Net assets (after liabilities) closed the year at $93M, with reported net income of $-25,576,239 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)$119M
Total Assets (End of Year)$93M
Net Assets (End of Year)$93M
Net Income$-25,576,239
Plan TypeDefined Benefit (Pension)
Employer EIN454395876
Plan Effective Date1966-12-29
Filing StatusFILING RECEIVED

Sponsor Plan History (JOINT BOARD OF ADMINISTRATION C/O BENESYS)

Year Plans Participants Total Assets
2022 1 81 $93M
2023 1 91 $97M
2024 1 81 $97M

Nearby Defined Benefit (Pension) Plans in Michigan

Peer Defined Benefit (Pension) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the DETROIT FREE PRESS, INC. NEWSPAPER GUILD OF DETROIT PENSION PLAN?
As of the 2022 Form 5500 filing, DETROIT FREE PRESS, INC. NEWSPAPER GUILD OF DETROIT PENSION PLAN holds $93M in total assets with 81 participants. It is sponsored by JOINT BOARD OF ADMINISTRATION C/O BENESYS.
What type of plan is DETROIT FREE PRESS, INC. NEWSPAPER GUILD OF DETROIT PENSION PLAN?
DETROIT FREE PRESS, INC. NEWSPAPER GUILD OF DETROIT PENSION PLAN is a Defined Benefit (Pension) plan. It has been effective since 1966-12-29. The plan is filed with the U.S. Department of Labor under EIN 454395876.
Who sponsors the DETROIT FREE PRESS, INC. NEWSPAPER GUILD OF DETROIT PENSION PLAN?
DETROIT FREE PRESS, INC. NEWSPAPER GUILD OF DETROIT PENSION PLAN is sponsored by JOINT BOARD OF ADMINISTRATION C/O BENESYS, located in Michigan. The sponsor's EIN is 454395876 and the plan operates in the Manufacturing industry.
How did DETROIT FREE PRESS, INC. NEWSPAPER GUILD OF DETROIT PENSION PLAN perform in 2022?
DETROIT FREE PRESS, INC. NEWSPAPER GUILD OF DETROIT PENSION PLAN declined by 21.5% during 2022, moving from $119M to $93M in total assets. Net income was $-25,576,239.
Where can I find official filings for DETROIT FREE PRESS, INC. NEWSPAPER GUILD OF DETROIT PENSION PLAN?
Official Form 5500 filings for DETROIT FREE PRESS, INC. NEWSPAPER GUILD OF DETROIT PENSION PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 454395876 or plan name at efast.dol.gov.
How does DETROIT FREE PRESS, INC. NEWSPAPER GUILD OF DETROIT PENSION PLAN compare to other plans?
You can compare DETROIT FREE PRESS, INC. NEWSPAPER GUILD OF DETROIT PENSION PLAN against other Defined Benefit (Pension) plans on the plan type page, or view plans in Michigan 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 454395876.

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.