Defined Benefit (Pension) · DOL Form 5500 · 2023

Lee Enterprises, Inc. Pension Plan

Data updated 2026-08-11

$182M
Total assets
291
Participants
94th
Percentile by assets
$624,181
Avg per participant
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Official DOL plan name: Lee Enterprises, Incorporated Pension Plan · Sponsored by Lee Enterprises, Inc. · Iowa · Information & Media

$182M in assets, 291 participants

Lee Enterprises, Inc.'s Lee Enterprises, Incorporated Pension Plan reported $182M in total assets and 291 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 127,072 plans)
  • #2,579 in Information & Media (2,818 peers)

Coverage in Iowa

Lee Enterprises, Incorporated Pension Plan covers 291 participants in Iowa, about 48% of the average Iowa filer (state average ~609 per filing). Assets: $182M.

$182M
total plan assets (2023 EOY)
291
covered participants
94th
percentile by assets (of 127,072 plans)
$624,181
avg assets per participant

The plan reported a net loss of $11M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Lee Enterprises, Incorporated Pension Plan reported net income rose from -$20M in the plan year 2022 filing to -$11M in the plan year 2023 filing.
  • Lee Enterprises, Incorporated Pension Plan reported participants fell from 440 in the plan year 2022 filing to 291 in the plan year 2023 filing.
  • Lee Enterprises, Incorporated Pension Plan end-of-year assets fell from $193M in the plan year 2022 filing to $182M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Participants vs Iowa filers

In Iowa, the average filing covers about 609 participants across 1,246 plans. Lee Enterprises, Incorporated Pension Plan reports 291 participants - about 48% of that state average ($182M EOY assets).

Iowa filing particulars

Total Assets (Beginning of Year)$193M
Net Assets (End of Year)$182M
Net Income-$11M
Employer EIN420823980
Plan Effective Date1954-12-29
Filing StatusFILING RECEIVED

Sponsor Plan History (Lee Enterprises, Inc.)

$400M$500M$600M$700M 202220232024 $642M $442M ▼ -31.2%
Total plan assets by year, all Lee Enterprises, Inc. plans on file
Year Plans Participants Total Assets
2022 3 5,241 $642M
2023 2 4,418 $629M
2024 1 3,415 $442M

Nearby Defined Benefit (Pension) Plans in Iowa

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

Lee Enterprises, Incorporated Pension Plan vs. nearby Defined Benefit (Pension) plans in Iowa, assets vs. participants

Lee Enterprises, Incorporated Pension Plan vs. nearby Defined Benefit (Pension) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 00.511.522.5 Total assets ($B) Participants Lee Enterprises, Inc…Transamerica Pension…Principal Cash Balan…Midamerican Energy C…Employers Mutual Cas…Non-Contributory Ret…
Lee Enterprises, Incorporated Pension Plan vs. nearby Defined Benefit (Pension) plans in Iowa, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Lee Enterprises, Incorporated Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Lee Enterprises, Incorporated Pension Plan assets move in 2023?
Lee Enterprises, Incorporated Pension Plan pulled back noticeably - down 5.7% during 2023, from $193M to $182M. Reported net income was -$11M.
How have Lee Enterprises, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Lee Enterprises, Inc.'s sponsor-wide assets declined 31.2%, from $642M to $442M.
Where does Lee Enterprises, Incorporated Pension Plan rank by assets among Form 5500 filers?
Lee Enterprises, Incorporated Pension Plan ranks in the 94th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Lee Enterprises, Incorporated Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Bricklayers' Pension Trust Fund-Metropolitan Area in MI ($182M, 484 participants).

Next read for Lee Enterprises, Incorporated Pension Pl…

Filing takeaways

Ways to act on Lee Enterprises, Incorporated Pension Plan's numbers.