Plan Ledger DOL Form 5500 · updated monthly

Jazz Basketball Investors LLC401(k)

JAZZ BASKETBALL INVESTORS LLC 401(K) PLAN · SALT LAKE CITY, UT · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Jazz Basketball Investors LLC reported $71,689 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $1,006 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 fell from 0.22% to 0.20%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 165th-largest of 848 plans among Utah employers on file, and the 241st of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.87 for every $1.00 the employer contributed; active participation has grown from 1,388 to 1,534 since 2022.

Plan summary
Net assets, end of year$41,168,916
Participants with balances662
Active participants1,534
Employer contributions$1,543,835
Employee contributions$2,889,689
Employer contribution per active participant$1,006
Average account balance$62,189
Benefits paid to participants$1,205,055
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$41.2M · 662 accts · $1.5M emplr
2023$32.1M · 538 accts · $1.2M emplr
2022$28.1M · 501 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$71,689
Total administrative$71,689
The Jazz Basketball Investors LLC 401(k) match · 2024
Employer contribution per active participant$1,006
Median for plans this size$2,416
2024$1,006 per active participant
2023$987 per active participant
2022$777 per active participant

Jazz Basketball Investors LLC's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
GALLAGHER BENEFIT SERVICES INC DBA · Investment advisory (plan)$37,541

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$71,689 · 0.20%
2023$105,820 · 0.35%
2022$66,938 · 0.22%
Same employer
Similar plansArts, Entertainment & Recreation · Utah
Snowbird Operations LLC UT$43.1M · 0.04%
Powdr Corp. UT$39.4M · 0.53%
Pacific Group Resorts, Inc. UT$16.1M · 0.64%
Backstage Library Works UT$7.7M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870463017 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.