401(k) · DOL Form 5500 · 2023
Saga Communications Inc. 401(k) Plan
Data updated 2026-08-25
- $44M
- Total assets Below avg plan size
- 778
- Participants Near avg headcount
- 84th
- Percentile by assets National rank
- $56,175
- Avg per participant Low balance/head
Official DOL plan name: Saga Communications, Inc. Employees' 401 (K) Savings & Investment Plan · Sponsored by Saga Communications Inc. · Michigan · Information & Media
$44M in assets, 778 participants
Saga Communications Inc.'s Saga Communications, Inc. Employees' 401 (K) Savings & Investment Plan reported $44M in total assets and 778 participants in its 2023 DOL Form 5500 filing, ranking in the 84th 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.
- #2,191 in Information & Media (2,818 peers)
Where Saga Communications, Inc. Employees' 401 (K) Savings & Investment Plan sits by assets
Saga Communications, Inc. Employees' 401 (K) Savings & Investment Plan sits in the top quartile of all filed plans by assets, $44M for 778 participants (~$56,175/participant), up 13.3% in 2023.
- #2,191
- in Information & Media (2,818 peers)
- +13.3%
- assets growth YoY
- 0.4×
- vs typical plan assets (national mean)
Saga Communications, Inc. Employees' 401 (K) Savings & Investment Plan's outsized position by total assets
Saga Communications, Inc. Employees' 401 (K) Savings & Investment Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$43,704,261 Top 16% higher than 84% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Saga Communications, Inc. Employees' 401 (K) Savings & Investment Plan among mid-size filed plans by headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Saga Communications, Inc. Employees' 401 (K) Savings & Investment Plan sits mid-pack in the medium band (778 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Saga Communications, Inc. Employees' 401 (K) Savings & Investment Plan reported net income rose from -$11M in the plan year 2022 filing to $5M in the plan year 2023 filing.
- Saga Communications, Inc. Employees' 401 (K) Savings & Investment Plan end-of-year assets rose from $39M in the plan year 2022 filing to $44M in the plan year 2023 filing.
- Saga Communications, Inc. Employees' 401 (K) Savings & Investment Plan reported participants fell from 792 in the plan year 2022 filing to 778 in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 383042953 · Saga Communications Inc. PY 2023 · 401(k)
Saga Communications, Inc. Employees' 401 (K) Savings & Investment Plan · $44M · 778 · 84th
- TYPE $44M
- TYPE 778
- TYPE 84th
- TYPE 401(k)
- TYPE near Usalco, LLC 401(k) Retirement Savings Plan
- TYPE ind #2191
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Information & Media retirement plans → · Plans in Michigan →
Saga Communications, Inc. Employees' 401 (K) Savings & Investment Plan in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $39M |
|---|---|
| Net Assets (End of Year) | $44M |
| Net Income | $5M |
| Employer EIN | 383042953 |
| Plan Effective Date | 1988-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Saga Communications Inc.)
Sponsor-wide plan assets over time
All Saga Communications Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $46M 19.880001236079714% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 792 | $39M |
| 2023 | 1 | 778 | $44M |
| 2024 | 1 | 802 | $46M |
Nearby 401(k) Plans in Michigan
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- General Motors Retirement Savings Plan for Salaried Employees in the United States $20.4B · 47,299
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $15.6B · 30,516
- The Dow Chemical Company Employees' Savings Plan $10.1B · 18,088
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $8.6B · 40,393
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $7.6B · 59,195
Saga Communications, Inc. Employees' 401 (K) Savings & Investment Plan's out-of-state 401(k) peers by assets and headcount
Outside Michigan, the nearest 401(k) by assets is Usalco, LLC 401(k) Retirement Savings Plan in MD ($44M); by covered participants it is Joerns Healthcare LLC Retirement Plan in NC (778 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($44M here).
- Usalco, LLC 401(k) Retirement Savings Plan (MD) $44M · 395
- US Information Systems 401(k) Plan (NY) $44M · 462
- Pip 401(k) Retirement Plan (NY) $44M · 895
- A Place for Mom, Inc. 401(k) Plan (KS) $44M · 1,000
Similar participant headcount
Nearest other-state filings by covered participants (778 participants); asset peers above are excluded.
- Joerns Healthcare LLC Retirement Plan (NC) 778 · 0 off
- City Ventures 401(k) Plan (NE) 778 · 0 off
- America's Healthcare Employee Retirement Pep (NJ) 778 · 0 off
- Credit One Bank, N. a. 401(k) Plan and Trust (NV) 778 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.