Plan Snapshot
- Plan Sponsor: National Basketball Association
- Sponsor EIN: 135582586
- Sponsor Address: 100 PLAZA DRIVE, SECAUCUS, NJ, 07094
- Plan Type: 401(k)
- Total Participants: 1,834
- Total Assets: $760.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 1,834 | $760.2M | $26.6M | $22.0M |
| 2023 | 1,831 | $651.2M | $23.4M | $20.3M |
| 2022 | 1,785 | $524.8M | $20.2M | $16.9M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $160,573 | — | $160,573 |
| EISNERAMPER LLP | ACCOUNTANT/AUDITOR | $45,250 | — | $45,250 |
| SEGAL ADVISORS, INC. | INVESTMENT ADVISOR | $42,710 | — | $42,710 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- EISNERAMPER LLP — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $248,533
- Estimated Expense Ratio: 0.033% 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 | $248,533 | $42,710 | — | $45,250 | — |
| 2023 | $216,943 | $36,347 | — | $42,300 | — |
| 2022 | $206,588 | — | — | — | — |