401(k)
2023 plan-year 401(k) DOL Form 5500

SAGA COMMUNICATIONS, INC. EMPLOYEES' 401 (K) SAVINGS & INVESTMENT PLAN

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

SAGA COMMUNICATIONS INC.

This 401(k) plan holds $44M in total assets and serves 778 participants as of 2023. It is sponsored by SAGA COMMUNICATIONS INC. in Michigan. The plan reported positive net income of $5M for the year.

Total Assets (2023)
$44M
Participants
778
State
Industry
Information & Media

What the Filing Says About SAGA COMMUNICATIONS, INC. EMPLOYEES' 401 (K) SAVINGS & INVESTMENT PLAN

SAGA COMMUNICATIONS, INC. EMPLOYEES' 401 (K) SAVINGS & INVESTMENT PLAN is a 401(k) retirement plan sponsored by SAGA COMMUNICATIONS INC., headquartered in Michigan. As of the 2023 Form 5500 filing, the plan reports $44M in total end-of-year assets and covers 778 participants across the Information & Media industry. The sponsor's EIN on file with the U.S. Department of Labor is 383042953, and the plan has been effective since 1988-04-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $39M at the beginning of 2023 to $44M at year-end — a gain of 13.3%. Net assets (after liabilities) closed the year at $44M, with reported net income of $5M 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)$39M
Total Assets (End of Year)$44M
Net Assets (End of Year)$44M
Net Income$5M
Plan Type401(k)
Employer EIN383042953
Plan Effective Date1988-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (SAGA COMMUNICATIONS INC.)

Year Plans Participants Total Assets
2022 1 792 $39M
2023 1 778 $44M
2024 1 802 $46M

Nearby 401(k) Plans in Michigan

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Frequently Asked Questions

How much money is in the SAGA COMMUNICATIONS, INC. EMPLOYEES' 401 (K) SAVINGS & INVESTMENT PLAN?
As of the 2023 Form 5500 filing, SAGA COMMUNICATIONS, INC. EMPLOYEES' 401 (K) SAVINGS & INVESTMENT PLAN holds $44M in total assets with 778 participants. It is sponsored by SAGA COMMUNICATIONS INC..
What type of plan is SAGA COMMUNICATIONS, INC. EMPLOYEES' 401 (K) SAVINGS & INVESTMENT PLAN?
SAGA COMMUNICATIONS, INC. EMPLOYEES' 401 (K) SAVINGS & INVESTMENT PLAN is a 401(k) plan. It has been effective since 1988-04-01. The plan is filed with the U.S. Department of Labor under EIN 383042953.
Who sponsors the SAGA COMMUNICATIONS, INC. EMPLOYEES' 401 (K) SAVINGS & INVESTMENT PLAN?
SAGA COMMUNICATIONS, INC. EMPLOYEES' 401 (K) SAVINGS & INVESTMENT PLAN is sponsored by SAGA COMMUNICATIONS INC., located in Michigan. The sponsor's EIN is 383042953 and the plan operates in the Information & Media industry.
How did SAGA COMMUNICATIONS, INC. EMPLOYEES' 401 (K) SAVINGS & INVESTMENT PLAN perform in 2023?
SAGA COMMUNICATIONS, INC. EMPLOYEES' 401 (K) SAVINGS & INVESTMENT PLAN grew by 13.3% during 2023, moving from $39M to $44M in total assets. Net income was $5M.
Where can I find official filings for SAGA COMMUNICATIONS, INC. EMPLOYEES' 401 (K) SAVINGS & INVESTMENT PLAN?
Official Form 5500 filings for SAGA COMMUNICATIONS, INC. EMPLOYEES' 401 (K) SAVINGS & INVESTMENT PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 383042953 or plan name at efast.dol.gov.
How does SAGA COMMUNICATIONS, INC. EMPLOYEES' 401 (K) SAVINGS & INVESTMENT PLAN compare to other plans?
You can compare SAGA COMMUNICATIONS, INC. EMPLOYEES' 401 (K) SAVINGS & INVESTMENT PLAN against other 401(k) 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 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 383042953.

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.