401(k) · DOL Form 5500 · 2023

The Hearst Corporation 401(k) Plan

Data updated 2026-08-11

$2.7B
Total assets
13,955
Participants
99th
Percentile by assets
$194,081
Avg per participant
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Official DOL plan name: Hearst Retirement Savings Plan · Sponsored by The Hearst Corporation · North Carolina · Information & Media

$2.7B in assets, 13,955 participants

The Hearst Corporation's Hearst Retirement Savings Plan reported $2.7B in total assets and 13,955 participants in its 2023 DOL Form 5500 filing, ranking in the 99th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 99th percentile by assets (of 127,072 plans)
  • #2,782 in Information & Media (2,818 peers)

Coverage in North Carolina

Hearst Retirement Savings Plan covers 13,955 participants in North Carolina, 17x the typical North Carolina plan (state average ~819 per filing). Assets: $2.7B.

$2.7B
total plan assets (2023 EOY)
13,955
covered participants
99th
percentile by assets (of 127,072 plans)
$194,081
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hearst Retirement Savings Plan reported net income rose from -$356M in the plan year 2022 filing to $459M in the plan year 2023 filing.
  • Hearst Retirement Savings Plan reported participants rose from 10,500 in the plan year 2022 filing to 13,955 in the plan year 2023 filing.
  • Hearst Retirement Savings Plan end-of-year assets rose from $2.2B in the plan year 2022 filing to $2.7B in the plan year 2023 filing.

See the national 2023→2024 release diff →

Participants vs North Carolina filers

In North Carolina, the average filing covers about 819 participants across 3,515 plans. Hearst Retirement Savings Plan reports 13,955 participants - 17x that state average ($2.7B EOY assets).

North Carolina filing particulars

Total Assets (Beginning of Year)$2.2B
Net Assets (End of Year)$2.7B
Net Income$459M
Employer EIN130433120
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Hearst Corporation)

$4.5B$5B$5.5B$6B$6.5B 202220232024 $4.83B $6.06B ▲ +25.5%
Total plan assets by year, all The Hearst Corporation plans on file
Year Plans Participants Total Assets
2022 8 13,694 $4.8B
2023 9 16,844 $5.6B
2024 9 17,329 $6.1B

Nearby 401(k) Plans in North Carolina

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Hearst Retirement Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Hearst Retirement Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. 050000100000150000200000 0204060 Total assets ($B) Participants Hearst Retirement Sa…The Bank of America …Honeywell 401(k) PlanDuke Energy Retireme…Truist Financial Cor…Nucor Corporation Pr…
Hearst Retirement Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Scale composition for Hearst Retirement Savings Plan

Hearst Retirement Savings Plan reports $2.7B in end-of-year assets across 13,955 participants (0.022% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.015% of 93,925,755 covered participants) - about $194,081 per participant (1.4x the national average assets-per-participant) . Net income for plan year 2023 was $459M.

This plan identity (EIN 130433120, plan #071) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.2B to $3.1B (+39.4%) while covered participants moved from 10,500 to 14,150 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 10,500 $2.2B Open filing
2023 13,955 $2.7B This page
2024 · index core 14,150 $3.1B Open filing

The same sponsor also keeps 3 other index-core plans on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Hearst Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Hearst Retirement Savings Plan assets move in 2023?
Hearst Retirement Savings Plan grew sharply - up 20.4% during 2023, from $2.2B to $2.7B. Reported net income was $459M.
How have The Hearst Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), The Hearst Corporation's sponsor-wide assets grew 25.5%, from $4.8B to $6.1B.
Where does Hearst Retirement Savings Plan rank by assets among Form 5500 filers?
Hearst Retirement Savings Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Hearst Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Aramco U.S. Savings Plan in TX ($2.7B, 1,734 participants).

Filing takeaways

Ways to act on Hearst Retirement Savings Plan's numbers.