Plan Ledger DOL Form 5500 · updated monthly

Pension Committee of Mlb Players Benefit PlanProfit-sharing plan

MAJOR LEAGUE BASEBALL PLAYERS INVESTMENT PLAN · SPARKS, MD · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Pension Committee of Mlb Players Benefit Plan reported $918,813 in plan administrative expenses for 2024: 0.08% of average plan assets, higher than ~75% of peers. Employer contributions averaged $15,061 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 0.09% to 0.08%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 18th-largest of 1,671 plans among Maryland employers on file, and the 7th of 1,311 in arts, entertainment & recreation. In 2024, the employer put in $7.14 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$1,156,434,910
Participants with balances4,429
Active participants4,452
Employer contributions$67,050,750
Employee contributions$9,394,930
Employer contribution per active participant$15,061
Average account balance$261,105
Benefits paid to participants$62,906,228
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.2B · 4,429 accts · $67.1M emplr
2023$1.1B · 4,353 accts · $39.2M emplr
2022$927.9M · 4,267 accts · $17.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$440,389
Investment management$61,085
Audit (IQPA)$62,000
Total administrative$918,813
Employer contributions to the Pension Committee of Mlb Players Benefit Plan plan · 2024
Employer contribution per active participant$15,061
Median for plans this size$5,259
2024$15,061 per active participant
2023$8,957 per active participant
2022$4,018 per active participant

Pension Committee of Mlb Players Benefit Plan's 2024 employer contribution ran above the $5,259 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 · 20248
THE VANGUARD GROUP INC. · Recordkeeping · Investment advisory (participants)$266,274
ASSOCIATED ADMINISTRATORS LLC · Accounting / audit · Claims processing$181,068
MORGAN LEWIS & BOCKIUS LLP · Legal$117,417
SCHULTHEIS & PANETTIERI LLP · Accounting / audit$62,000
BREDHOFF & KAISER PLLC · Legal$59,673
GALLAGHER FIDUCIARY ADVISORS LLC · Investment advisory (plan)$49,656
HORIZON ACTUARIAL SERVICES LLC · Actuarial$29,368
SEGAL SELECT INSURANCE SERVICES INC · Insurance brokerindirect 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
2024ASSOCIATED ADMINISTRATORS LLC, Vanguard
2023ASSOCIATED ADMINISTRATORS LLC

This plan has changed recordkeepers within these filings. If you left Pension Committee of Mlb Players Benefit Plan before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$918,813 · 0.08%
2023$947,560 · 0.09%
2022$875,449 · 0.09%
Similar plansArts, Entertainment & Recreation · Maryland

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Source: U.S. Department of Labor, Form 5500 series, EIN 510185287 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.