Plan Ledger DOL Form 5500 · updated monthly

New Orleans Pelicans, Nba, LLC401(k)

NEW ORLEANS PELICANS, NBA, LLC 401(K) PLAN · NEW ORLEANS, LA · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

New Orleans Pelicans, Nba, LLC reported $33,053 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $3,618 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 0.53% to 0.19%. 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 276th-largest of 884 plans among Louisiana employers on file, and the 446th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $2.12 for every $1.00 the employer contributed; active participation has grown from 208 to 244 since 2022.

Plan summary
Net assets, end of year$18,386,045
Participants with balances269
Active participants244
Employer contributions$882,770
Employee contributions$1,873,689
Employer contribution per active participant$3,618
Average account balance$68,350
Benefits paid to participants$2,814,787
Plan auditUnmodified (clean) audit opinion
AuditorEISNER AMPER, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$18.4M · 269 accts · $883K emplr
2023$16.2M · 261 accts · $798K emplr
2022$13.3M · 269 accts · $796K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,238
Investment management$8,815
Total administrative$33,053
The New Orleans Pelicans, Nba, LLC 401(k) match · 2024
Employer contribution per active participant$3,618
Median for plans this size$2,416
2024$3,618 per active participant
2023$3,748 per active participant
2022$3,827 per active participant

New Orleans Pelicans, Nba, LLC's 2024 employer contribution ran above the $2,416 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 · 20243
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$24,238
GALLAGHER FIDUCIARY ADVISORS · Pension consulting$8,815
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$33,053 · 0.19%
2023$75,236 · 0.51%
2022$77,255 · 0.53%
Same employer
Similar plansArts, Entertainment & Recreation · Louisiana

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Source: U.S. Department of Labor, Form 5500 series, EIN 561951282 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.