Plan Ledger DOL Form 5500 · updated monthly

The Minor League Baseball Players 401(K) Plan Committee401(k)

MINOR LEAGUE BASEBALL PLAYERS 401(K) PLAN · PITTSBURGH, PA · plan year 2024

Reported admin expense ratio · 2024
4.89%

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

The Minor League Baseball Players 401(K) Plan Committee reported $555,534 in plan administrative expenses for 2024: 4.89% of average plan assets, higher than ~90% of peers. Employer contributions averaged $404 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.

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 among the smaller plans on file in Pennsylvania (2,165th of 3,651), and the 637th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $3.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,365,138
Participants with balances5,474
Active participants6,190
Employer contributions$2,500,000
Employee contributions$8,593,798
Employer contribution per active participant$404
Average account balance$2,076
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$351,046
Investment management$27,500
Total administrative$555,534
The The Minor League Baseball Players 401(K) Plan Committee 401(k) match · 2024
Employer contribution per active participant$404
Median for plans this size$2,416

The Minor League Baseball Players 401(K) Plan Committee's 2024 employer contribution ran below the $2,416 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 · 20246
THE VANGUARD GROUP INC · Recordkeeping · Investment advisory (participants)$226,213
CENTRAL DATA SERVICES, INC. · Accounting / audit · Claims processing$124,833
MORGAN LEWIS & BOCKIUS LLP · Legal$139,141
GALLAGHER FIDUCIARY ADVISORS LLC · Investment advisory (plan)$27,500
BREDHOFF & KAISER PLLC · Legal$11,132
PNC BANK · Other services$6,280

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

Administrative cost history1
2024$555,534 · 4.89%
Similar plansArts, Entertainment & Recreation · Pennsylvania
Mount Airy #1, LLC PA$16.0M · 0.90%
Highlands Ventures, LLC PA$12.8M · 0.39%
The Merion Cricket Club PA$11.8M · 0.45%
Kimmel Center, Inc. PA$9.2M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 991620531 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.