Plan Snapshot
- Plan Sponsor: Former Player Benefits Trust
- Sponsor EIN: 463459332
- Sponsor Address: 1133 20TH STREET, NW, WASHINGTON, DC, 20036
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 7,489
- Total Assets: $41.1M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 7,489 | $41.1M | $0 | $0 |
| 2023 | 6,802 | $32.9M | $0 | $0 |
| 2022 | 6,181 | $34.0M | $0 | $0 |
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 |
|---|---|---|---|---|
| CLEVELAND CLINIC FOUNDATION | Other Service Provider | $2,526,483 | — | $2,526,483 |
| TULANE EDUCATIONAL FUND | Other Service Provider | $2,337,983 | — | $2,337,983 |
| ATHLETES PERFORMANCE | Other Service Provider | $1,574,052 | — | $1,574,052 |
| YMCA OF THE USA | Other Service Provider | $1,210,143 | — | $1,210,143 |
| MANPOWER US INC. | Other Service Provider | $587,803 | — | $587,803 |
| HOUSE OF ATHLETE HOLDINGS, LLC | Other Service Provider | $583,333 | — | $583,333 |
| THE CENTER FOR THE STUDY OF RETIRED | Other Service Provider | $571,483 | — | $571,483 |
| ATHLIFE, INC | Other Service Provider | $480,000 | — | $480,000 |
| MASSACHUSETTS GENERAL PHYSICIANS OR | Other Service Provider | $275,079 | — | $275,079 |
| FINANCIAL FINESSE | Other Service Provider | $160,000 | — | $160,000 |
| CIGNA HEALTH AND LIFE INSURANCE CO | Other Service Provider | $114,204 | — | $114,204 |
| CENTRAL DATA SERVICES INC. | Other Service Provider | $36,000 | — | $36,000 |
| NB INVESTIGATIVE GROUP | Other Service Provider | $32,980 | — | $32,980 |
| SCORE FOUNDATION | Other Service Provider | $16,667 | — | $16,667 |
| NEWPORT TRUST COMPANY | Other Service Provider | $10,000 | — | $10,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $10,516,210
- Estimated Expense Ratio: 25.586% 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 | $3,216,731 | — | $3,026,822 | — | — |
| 2023 | $2,521,290 | — | $2,426,091 | $1,898 | — |
| 2022 | $2,147,374 | — | $2,104,773 | — | — |