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

The Hearst Corporation Broadcast Retirement Plan

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

Sponsored by The Hearst Corporation Β· North Carolina Β· Information & Media

What the 2023 filing shows

The Hearst Corporation Broadcast Retirement Plan holds $375M for 623 participants - about $601,311 per participant, down 24.3% over the 2022 plan year.

$375M
total plan assets (2022 EOY)
623
covered participants
$601,311
avg assets per participant
-24.3%
assets change YoY

The plan reported a net loss of $120M for the year β€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$375M
Participants
623
Industry
Information & Media

What the Filing Says About The Hearst Corporation Broadcast Retirement Plan

The Hearst Corporation Broadcast Retirement Plan is a Defined Benefit (Pension) retirement plan sponsored by The Hearst Corporation, headquartered in North Carolina. As of the 2022 Form 5500 filing, the plan reports $375M in total end-of-year assets and covers 623 participants across the Information & Media industry. The sponsor's EIN on file with the U.S. Department of Labor is 130433120, and the plan has been effective since 1968-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $495M at the beginning of 2022 to $375M at year-end β€” a decline of 24.3%. Net assets (after liabilities) closed the year at $375M, with reported net income of $-120,054,934 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 β€” 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)$495M
Total Assets (End of Year)$375M
Net Assets (End of Year)$375M
Net Income$-120,054,934
Plan TypeDefined Benefit (Pension)
Employer EIN130433120
Plan Effective Date1968-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Hearst Corporation)

Year Plans Participants Total Assets
2022 8 13,694 $4.8B
2023 9 16,844 $5.6B
2024 9 17,329 $6.1B

Nearby Defined Benefit (Pension) Plans in North Carolina

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

Frequently Asked Questions

How much money is in the The Hearst Corporation Broadcast Retirement Plan?
As of the 2022 Form 5500 filing, The Hearst Corporation Broadcast Retirement Plan holds $375M in total assets with 623 participants. It is sponsored by The Hearst Corporation.
What type of plan is The Hearst Corporation Broadcast Retirement Plan?
The Hearst Corporation Broadcast Retirement Plan is a Defined Benefit (Pension) plan. It has been effective since 1968-01-01. The plan is filed with the U.S. Department of Labor under EIN 130433120.
Who sponsors the The Hearst Corporation Broadcast Retirement Plan?
The Hearst Corporation Broadcast Retirement Plan is sponsored by The Hearst Corporation, located in North Carolina. The sponsor's EIN is 130433120 and the plan operates in the Information & Media industry.
How did The Hearst Corporation Broadcast Retirement Plan perform in 2022?
The Hearst Corporation Broadcast Retirement Plan declined by 24.3% during 2022, moving from $495M to $375M in total assets. Net income was $-120,054,934.
Where can I find official filings for The Hearst Corporation Broadcast Retirement Plan?
Official Form 5500 filings for The Hearst Corporation Broadcast Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 130433120 or plan name at efast.dol.gov.
How does The Hearst Corporation Broadcast Retirement Plan compare to other plans?
You can compare The Hearst Corporation Broadcast Retirement Plan against other Defined Benefit (Pension) plans on the plan type page, or view plans in North Carolina 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) β€” original filing retrieval by EIN 130433120.

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

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

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.