Plan Ledger DOL Form 5500 · updated monthly

Msg Entertainment Holdings, LLC401(k)

MADISON SQUARE GARDEN 401(K) SAVINGS PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Msg Entertainment Holdings, LLC reported $235,112 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $3,923 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 1 year on file its reported administrative ratio rose from 0.06% to 0.07%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 305th-largest of 5,648 plans among New York employers on file, and the 32nd of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.46 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$352,027,359
Participants with balances4,373
Active participants4,179
Employer contributions$16,395,655
Employee contributions$23,863,128
Employer contribution per active participant$3,923
Average account balance$80,500
Benefits paid to participants$32,858,059
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$352.0M · 4,373 accts · $16.4M emplr
2023$298.6M · 3,895 accts · $14.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$79,913
Investment management$155,199
Total administrative$235,112
The Msg Entertainment Holdings, LLC 401(k) match · 2024
Employer contribution per active participant$3,923
Median for plans this size$4,294
2024$3,923 per active participant
2023$5,358 per active participant

Msg Entertainment Holdings, LLC's 2024 employer contribution ran below the $4,294 median for plans its size. 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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$155,199
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$79,913

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

Administrative cost history2
2024$235,112 · 0.07%
2023$154,634 · 0.06%
All plans at this employer2
MADISON SQUARE GARDEN 401(K) UNION PLAN401(k)
MADISON SQUARE GARDEN 401(K) SAVINGS PLAN401(k)
Same employer
Similar plansArts, Entertainment & Recreation · New York
Warner Music Group NY$446.3M · 0.10%
Msg Entertainment Group, LLC NY$251.3M · 0.08%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 320467994 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.