Plan Snapshot
- Plan Sponsor: Banner Seventeen, LLC Dba The Boston Celtics
- Sponsor EIN: 300136909
- Sponsor Address: 100 CAUSEWAY STREET, SUITE 1210, BOSTON, MA, 02114
- Plan Type: 401(k)
- Total Participants: 211
- Total Assets: $57.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 211 | $57.8M | $1.9M | $2.2M |
| 2023 | 200 | $48.4M | $1.5M | $1.9M |
| 2022 | 162 | $39.5M | $1.4M | $1.6M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| GALLAGHER BENEFIT SERVICES INC DBA | INVESTMENT ADVISOR | $57,257 | — | $57,257 |
| PETER TAWNEY DBA TAWNEY PLLC | AUDITOR | $10,546 | — | $10,546 |
| TAWNEY, PLLC | Auditor | $10,546 | — | $10,546 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $5,647 | — | $5,647 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TAWNEY, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $83,996
- Estimated Expense Ratio: 0.145% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $73,450 | $62,904 | — | $10,546 | — |
| 2023 | $68,806 | $58,616 | — | $10,190 | — |
| 2022 | $127,216 | $69,100 | $58,116 | — | — |