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Sinclair 401(k) retirement plan: the investment options
Does your 401(k) vote the way you would? $706m of the $748m in the Sinclair plan votes in secret. Fidelity 500 Index Fund, the most common fund in the plans we track, publishes every vote: answer 3 of its ballots, then see your result.
The question on the ballot
As filed
Sinclair 401(k) match and balances, from the filing
- Company money in
- about $2,810 per active participant
- $20m in plan year 2024
- Employees saved
- about $5,510 each
- $39m in plan year 2024
- Average balance
- $92,300
- 7,282 people with a balance
- In the plan
- $672m
- at the end of plan year 2024
Company money is the match plus any other employer contributions, averaged over all 7,072 active participants, including anyone who did not contribute. The filing reports dollars, not the match formula; the plan’s summary plan description states the formula.
SourceThe plan’s annual report to the Department of Labor — Form 5500, Schedule H, plan year 2024 · filed by SINCLAIR, INC. as “SINCLAIR, INC. 401(K) RETIREMENT SAVINGS PLAN” · EIN 921076143, plan number 001 · search the filings
The Sinclair 401(k) holds $748m. Of the $706m we could identify from the plan’s own filing, every dollar sits in a fund that publishes no record of how it voted your shares — collective trusts, which unlike a mutual fund file no Form N-PX and leave no public trace of a single vote.
SourceSinclair’s own annual retirement-plan filing with the SEC (Form 11-K, Schedule of Assets) · open the filing
| What the plan holds | Vehicle | Voting record | Value |
|---|---|---|---|
| Vanguard 500 Index Admirallisted as “143,532 units” | Collective trust or separate account | NONE | $91m |
| Sinclair Broadcast Group, Inc. Common Stock Fundlisted as “2,181,179 units” | Collective trust or separate account | NONE | $71m |
| T.Rowe Price Blue Chip Growth Fundlisted as “184,085 units” | Collective trust or separate account | NONE | $64m |
| Capital Group 2030 Targetlisted as “3,557,395 units” | Collective trust or separate account | NONE | $64m |
| Capital Group 2040 Targetlisted as “2,953,657 units” | Collective trust or separate account | NONE | $62m |
| Capital Group 2050 Targetlisted as “2,437,085 units” | Collective trust or separate account | NONE | $53m |
| American Funds Washington Mut.listed as “692,846 units” | Collective trust or separate account | NONE | $45m |
| Guaranteed Interest Account (contract value)listed as “Interest at 2.35 %” | Not identified from the filing | Not counted either way | $34m |
| MSF Value R6listed as “493,387 units” | Collective trust or separate account | NONE | $25m |
| Vanguard Small Cap Indexlisted as “146,095 units” | Collective trust or separate account | NONE | $18m |
| Vanguard Total Bond Market Index Admirallisted as “1,623,739 units” | Collective trust or separate account | NONE | $16m |
| Premier Core Bond (Barings)listed as “99,070 units” | Collective trust or separate account | NONE | $15m |
The 12 largest holdings in the plan. “Vehicle” is the description the filing itself gives each investment.
Why there is nothing to show
A mutual fund has to file Form N-PX every year listing every vote it cast on your behalf. A collective investment trust does not. It is a bank-run vehicle sold only inside retirement plans, it is cheaper, and it is now where most 401(k) default money sits — including most target-date funds, which is where savers who never chose anything are put.
So the shares bought with Sinclair employees’ retirement savings are voted every proxy season — on executive pay, on board seats, on climate and workforce proposals — and there is no public document anywhere recording how. This is not an oversight by Sinclair; it is what the disclosure rules currently require, which is to say: nothing.
What you can do
Check whether your plan offers any registered fund as an alternative — those publish their records, and you can read them here. If it does not, the menu itself is the thing that has to change, and that is a decision made by the plan’s fiduciary committee, not by you alone.
See how funds that do publish voted →
CoverageWe classified 95.5% of this plan’s assets from the filing. The figure above is the share of the money we could classify; anything we could not identify is excluded from it rather than assumed either way.
Other employer plans
The largest employer plans on the site, and a few more. Each page shows what the plan’s funds did with the shares its savers paid for.