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Original filing (PDF)20251020092505NAL0000764179001
ASSOCIATED PRESS
Form 5500
FILING_RECEIVED
THE ASSOCIATED PRESS CONSOLIDATED RETIREMENT PLAN
Defined-benefit pension plan
Signals · 3
38% in single holdingNo recordkeeper disclosed7 service providers
Active participants
562
Accounts w/ balance
—
Plan assets (EOY)
$430.1M
Net assets (EOY)
$430.0M
How this plan invests
This plan
9 pooled trusts
Schedule D
13 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
83
/ 100
Grade B
Above-average plan
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
81
Total plan cost
65
Vendor stack
55
Participation health
100
Knocking points off
- Top holding "s Mercer Long Duration Invt Grade Fixed Income 7,200,870 Shares $" is 38% of plan.
- 19 bps in Schedule C fees — 93% above peer band of 10 bps.
- No recordkeeper disclosed on Schedule C.
- Plan is frozen (1I) — no new benefit accrual.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for ASSOCIATED PRESS.
Plan sponsor
Name
ASSOCIATED PRESS
EIN
13-0452880
Address
200 LIBERTY ST. · NEW YORK, NY · 10281
Phone
(212) 621-7059
Industry
Information / Tech / Mediasee all
Plan administrator
Name
ASSOCIATED PRESS INVESTMENT AND MANAGEMENT COMMITTEE
EIN
13-0452880
City
NEW YORK, NY
Phone
(212) 621-7059
Plan characteristics
Plan number
003
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-20
Pension benefit codes
1A · Pay-related DB formula
1I · Frozen plan — no new benefit accrual
3H · Sponsor in controlled / affiliated group
3J · U.S. plan covering Puerto Rico residents
Audit & trust (Schedule H)
Auditor
ERNST & YOUNG LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
7 rowsOther
7| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| MERCER INVESTMENTS LLC | 30-0282430 | — | FIDUCIARY | $526K | — |
| THE NORTHEN TRUST COMPANY | 36-1561860 | — | NONE | $131K | — |
| MERCER (US) INC. | 13-2834414 | — | NONE | $91K | — |
| ERNST & YOUNG LLP | 34-6565596 | — | NONE | $61K | — |
| WALLACH & ASSOCIATES INC | 22-3348744 | — | NONE | $8K | — |
| STATE STREET RESEARCH & MANAGEMENT | 13-3142135 | — | NONE | $8K | — |
| PENSION BENEFIT INFORMATION, LLC | 82-4722389 | — | NONE | $7K | — |
Investments
5 direct securities · 9 pooled funds· $432.9M(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Common Collective Trust
$423.9M
8 holdings
Uncategorized
$5.8M
4 holdings
Pooled Separate Account
$2.8M
1 holding
Pooled Separate Accounts
$451K
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| MERCER PASSIVE LONG CREDIT FIXED MERCER TRUST COMPANY LLC · EIN 26-6700496 / PN 016 | Common Collective Trust | — | $167.2M | $162.2M | 37.7% | |
| MERCER PASSIVE LONG GOVT FIXED MERCER TRUST COMPANY LLC · EIN 51-0560117 / PN 010 | Common Collective Trust | — | $169.7M | $139.8M | 32.5% | |
| SSGA INTL INDX NL SF CL A STATE STREET BANK AND TRUST · EIN 90-0337987 / PN 157 | Common Collective Trust | — | $25.4M | $39.9M | 9.3% | |
| MERCER US LARGE CAP PASSIVE EQUITY MERCER TRUST COMPANY · EIN 03-0566613 / PN 005 | Common Collective Trust | — | $13.2M | $39.2M | 9.1% | |
| MERCER LONG STRIPS FIXED INCOME MERCER TRUST COMPANY LLC · EIN 80-6243236 / PN 019 | Common Collective Trust | — | $24.1M | $15.2M | 3.5% | |
| RUSSELL SMALL CAP (R) INDX NL SF CL STATE STREET BANK AND TRUST · EIN 04-0025081 / PN 096 | Common Collective Trust | — | $7.4M | $13.2M | 3.1% | |
| SSGA EMG MKTS INDX NL SF CL A STATE STREET BANK AND TRUST · EIN 04-0025081 / PN 496 | Common Collective Trust | — | $10.0M | $11.9M | 2.8% | |
| AETNA LIFE INSURANCE COMPANY AETNA LIFE INSURANCE COMPANY · EIN 06-6033492 / PN 012 | Pooled Separate Account | — | — | $2.8M | 0.6% | |
| NORTHERN TRUST SHORT TERM INVT FD NORTHERN TRUST COMPANY · EIN 45-6138589 / PN 084 | Common Collective Trust | — | $2.5M | $2.5M | 0.6% | |
| Aetna Disbursement Payment – Contract 826/Pooled Separate Account | — | — | $2.3M | $2.3M | 0.5% | |
| Unallocated Insurance Contracts * Aetna Life Insurance Company – Contract 826/Unallocated Interest rate of 4.31% | — | — | $2.3M | $2.3M | 0.5% | |
| Aetna Life Insurance Company – Contract 827/Unallocated Interest rate of 4.31% | — | — | $1.1M | $1.1M | 0.3% | |
| s * Aetna Disbursement Payment – Contract 827/Pooled Separate Account | Pooled Separate Accounts | — | $451K | $451K | 0.1% | |
| Aetna Life Insurance Company – Contract 186/Unallocated Interest rate of 4.23% | — | — | $13K | $13K | <0.1% |