Plan Ledger DOL Form 5500 · updated monthly

The Professional Basketball Club, LLC401(k)

THE PROFESSIONAL BASKETBALL CLUB, LLC 401(K) PLAN · OKLAHOMA CITY, OK · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

The Professional Basketball Club, LLC reported $400 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,094 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 0.001%. 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 164th-largest of 724 plans among Oklahoma employers on file, and the 287th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,009,547
Participants with balances271
Active participants196
Employer contributions$802,365
Employee contributions$1,482,782
Employer contribution per active participant$4,094
Average account balance$125,496
Benefits paid to participants$1,164,376
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$34.0M · 271 accts · $802K emplr
2023$28.2M · 263 accts · $690K emplr
2022$22.5M · 247 accts · $626K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$400
Total administrative$400
The The Professional Basketball Club, LLC 401(k) match · 2024
Employer contribution per active participant$4,094
Median for plans this size$2,416
2024$4,094 per active participant
2023$3,136 per active participant
2022$3,193 per active participant

The Professional Basketball Club, 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 · 20242
CHARLES SCHWAB TRUST BANK · Custodial · Custodial (securities)indirect comp
CHARLES SCHWAB & CO., INC. · Custodial · Custodial (securities)indirect 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$400 · 0.00%
2023$100 · 0.00%
2022$300 · 0.00%
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Source: U.S. Department of Labor, Form 5500 series, EIN 760832883 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.