Plan Ledger DOL Form 5500 · updated monthly

Major League Soccer LLC401(k)

MAJOR LEAGUE SOCCER 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Major League Soccer LLC reported $169,246 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $8,675 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 0.04% to 0.11%. 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 521st-largest of 5,648 plans among New York employers on file, and the 60th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$176,738,775
Participants with balances2,347
Active participants1,158
Employer contributions$10,045,919
Employee contributions$10,667,267
Employer contribution per active participant$8,675
Average account balance$75,304
Benefits paid to participants$12,484,002
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$176.7M · 2,347 accts · $10.0M emplr
2023$143.8M · 2,269 accts · $9.6M emplr
2022$108.9M · 2,078 accts · $8.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$115,496
Total administrative$169,246
The Major League Soccer LLC 401(k) match · 2024
Employer contribution per active participant$8,675
Median for plans this size$3,635
2024$8,675 per active participant
2023$7,404 per active participant
2022$7,471 per active participant

Major League Soccer LLC'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$115,496
RAYMOND JAMES · Consulting$53,750

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$169,246 · 0.11%
2023$27,460 · 0.02%
2022$41,930 · 0.04%
Same employer
Similar plansArts, Entertainment & Recreation · New York
Equinox Holdings, Inc. NY$181.8M · 0.28%
Resorts World Las Vegas, LLC NY$123.7M · 0.69%
Seneca Gaming Corporation NY$123.2M · 0.21%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 954541325 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.