Plan Ledger DOL Form 5500 · updated monthly

San Antonio Spurs, LLC401(k)

SPURS SPORTS & ENTERTAINMENT 401(K) PLAN · SAN ANTONIO, TX · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

San Antonio Spurs, LLC reported $42,119 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $936 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 0.15% to 0.08%. 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 994th-largest of 5,688 plans among Texas employers on file, and the 183rd of 1,311 in arts, entertainment & recreation. In 2024, employees put in $3.11 for every $1.00 the employer contributed; active participation has grown from 849 to 1,231 since 2022.

Plan summary
Net assets, end of year$54,549,473
Participants with balances1,327
Active participants1,231
Employer contributions$1,152,015
Employee contributions$3,588,064
Employer contribution per active participant$936
Average account balance$41,107
Benefits paid to participants$3,452,293
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$54.5M · 1,327 accts · $1.2M emplr
2023$46.0M · 1,170 accts · $1.1M emplr
2022$37.1M · 1,072 accts · $728K emplr
Administrative expenses, itemized · 2024
Investment management$57,274
Total administrative$42,119
The San Antonio Spurs, LLC 401(k) match · 2024
Employer contribution per active participant$936
Median for plans this size$3,635
2024$936 per active participant
2023$980 per active participant
2022$857 per active participant

San Antonio Spurs, LLC's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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
CAPFINANCIAL PARTNERS LLC · Investment advisory (plan)$57,274
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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$42,119 · 0.08%
2023$9,104 · 0.02%
2022$60,280 · 0.15%
Same employer
Similar plansArts, Entertainment & Recreation · Texas
Houston Astros, LLC TX$59.2M · 0.11%
Rangers Baseball, LLC TX$49.5M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742664244 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.