Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees of the Nba Savings and Retirement Plan401(k)

THE NBA SAVINGS AND RETIREMENT PLAN FOR COACHES, ASSISTANT COACHES AND ATHLETIC TRAINERS · SECAUCUS, NJ · plan year 2024

Reported admin expense ratio · 2024
0.04%

Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works

Board of Trustees of the Nba Savings and Retirement Plan reported $48,310 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $11,958 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.037%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 287th-largest of 2,419 plans among New Jersey employers on file, and the 71st of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.27 for every $1.00 the employer contributed; active participation has grown from 362 to 402 since 2022.

Plan summary
Net assets, end of year$140,204,743
Participants with balances499
Active participants402
Employer contributions$4,807,154
Employee contributions$6,124,204
Employer contribution per active participant$11,958
Average account balance$280,971
Benefits paid to participants$8,578,402
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$140.2M · 499 accts · $4.8M emplr
2023$120.1M · 467 accts · $4.5M emplr
2022$97.4M · 465 accts · $3.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,250
Total administrative$48,310
The Board of Trustees of the Nba Savings and Retirement Plan 401(k) match · 2024
Employer contribution per active participant$11,958
Median for plans this size$3,635
2024$11,958 per active participant
2023$11,777 per active participant
2022$10,826 per active participant

Board of Trustees of the Nba Savings and Retirement Plan's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$28,250
MERCER INVESTMENTS LLC · Consulting$20,060

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$48,310 · 0.04%
2023$38,406 · 0.04%
2022$40,352 · 0.04%
Similar plansArts, Entertainment & Recreation · New Jersey
Broadcast Music, Inc. TN$149.7M · 0.01%
Philadelphia Museum of Art PA$147.0M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 844434281 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.