Plan Ledger DOL Form 5500 · updated monthly

National Basketball Association401(k)

NBA RETIREMENT PLAN · 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

National Basketball Association reported $248,533 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $14,481 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 0.035%. 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 91st-largest of 2,419 plans among New Jersey employers on file, and the 11th of 1,311 in arts, entertainment & recreation. In 2024, the employer put in $1.21 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$760,215,457
Participants with balances2,233
Active participants1,834
Employer contributions$26,557,399
Employee contributions$22,037,744
Employer contribution per active participant$14,481
Average account balance$340,446
Benefits paid to participants$43,943,042
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$760.2M · 2,233 accts · $26.6M emplr
2023$651.2M · 2,240 accts · $23.4M emplr
2022$524.8M · 2,164 accts · $20.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$140,573
Investment management$42,710
Audit (IQPA)$45,250
Total administrative$248,533
The National Basketball Association 401(k) match · 2024
Employer contribution per active participant$14,481
Median for plans this size$4,294
2024$14,481 per active participant
2023$12,795 per active participant
2022$11,301 per active participant

National Basketball Association's 2024 employer contribution ran above the $4,294 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$160,573
EISNERAMPER LLP · Accounting / audit$45,250
SEGAL ADVISORS, INC. · Investment advisory (plan)$42,710

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$248,533 · 0.04%
2023$216,943 · 0.04%
2022$206,588 · 0.04%
All plans at this employer2
NATIONAL BASKETBALL ASSOCIATION PLAYERS' 401(K) SAVINGS PLAN401(k)
NBA RETIREMENT PLAN401(k)
Same employer
Similar plansArts, Entertainment & Recreation · New Jersey
Penn Entertainment, Inc. PA$694.0M · 0.17%
Endeavor Parent, LLC CA$638.0M · 0.08%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 135582586 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.