Plan Snapshot
- Plan Sponsor: National Basketball Association
- Sponsor EIN: 135582586
- Sponsor Address: 100 PLAZA DRIVE, SECAUCUS, NJ, 070943766
- Plan Type: DB
- Plan Number: 004
- Total Participants: 41
- Total Assets: $86.6M
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 | 41 | $86.6M | $0 | $0 |
| 2023 | 49 | $86.5M | $125,000 | $0 |
| 2022 | 53 | $87.5M | $8.8M | $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 |
|---|---|---|---|---|
| THE SEGAL COMPANY | Other Service Provider | $437,445 | — | $437,445 |
| ROBERTS & HOLLAND | Other Service Provider | $122,972 | — | $122,972 |
| SEGAL MARCO ADVISORS | Other Service Provider | $53,844 | — | $53,844 |
| LOOMIS SAYLES TRUST COMPANY | Other Service Provider | $38,657 | — | $38,657 |
| MERCER | Other Service Provider | $19,000 | — | $19,000 |
| WELLINGTON MANAGEMENT COMPANY, LLP | Other Service Provider | $15,430 | — | $15,430 |
| U.S BANK | Other Service Provider | $14,388 | — | $14,388 |
| RHUMBLINE ADVISERS | Other Service Provider | $5,279 | — | $5,279 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $707,015
- Estimated Expense Ratio: 0.817% 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 | $711,489 | $116,307 | — | -$830 | — |
| 2023 | $774,780 | $215,145 | — | $9,025 | — |
| 2022 | $889,499 | $231,788 | $13,713 | — | $643,998 |