Plan Ledger DOL Form 5500 · updated monthly

Dallas Basketball Limited D.B.A. Dallas Mavericks401(k)

DALLAS BASKETBALL LIMITED 401(K) PLAN · DALLAS, TX · plan year 2023

Reported admin expense ratio · 2023
0.14%

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

Dallas Basketball Limited D.B.A. Dallas Mavericks reported $52,767 in plan administrative expenses for 2023: 0.14% of average plan assets, below the peer median. Employer contributions averaged $1,208 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 2 years on file its reported administrative ratio rose from 0.00% to 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 1,165th-largest of 5,688 plans among Texas employers on file, and the 230th of 1,311 in arts, entertainment & recreation. In 2023, employees put in $3.18 for every $1.00 the employer contributed; active participation has grown from 333 to 738 since 2022.

Plan summary
Net assets, end of year$43,854,474
Participants with balances335
Active participants738
Employer contributions$891,532
Employee contributions$2,836,628
Employer contribution per active participant$1,208
Average account balance$130,909
Benefits paid to participants$1,999,609
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$40.4M · 454 accts · $1.1M emplr
2023$43.9M · 335 accts · $892K emplr
2022$33.5M · 221 accts · $351K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$1,317
Audit (IQPA)$51,450
Total administrative$52,767
The Dallas Basketball Limited D.B.A. Dallas Mavericks 401(k) match · 2023
Employer contribution per active participant$1,208
Median for plans this size$2,440
2024$2,401 per active participant
2023$1,208 per active participant
2022$1,053 per active participant

Dallas Basketball Limited D.B.A. Dallas Mavericks's 2023 employer contribution ran below the $2,440 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
COHNREZNICK LLP · Accounting / audit$51,450
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,317

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$109,058 · 0.26%
2023$52,767 · 0.14%
2022$1,451 · 0.00%
Same employer
Similar plansArts, Entertainment & Recreation · Texas
Houston Astros, LLC TX$59.2M · 0.11%
San Antonio Spurs, LLC TX$54.5M · 0.08%
Rangers Baseball, LLC TX$49.5M · 0.54%
Drive Shack Inc. TX$35.1M · 0.32%
Cgpm/Wmc Operating, LLC TX$33.8M · 0.40%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 752667844 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.