Plan Snapshot
- Plan Sponsor: New Orleans Pelicans, Nba, LLC
- Sponsor EIN: 561951282
- Sponsor Address: 5800 AIRLINE DRIVE, NEW ORLEANS, LA, 700033876
- Plan Type: 401(k)
- Total Participants: 244
- Total Assets: $18.4M
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 | 244 | $18.4M | $882,770 | $1.9M |
| 2023 | 213 | $16.2M | $798,390 | $1.8M |
| 2022 | 208 | $13.3M | $795,995 | $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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS | Recordkeeper | $24,238 | — | $24,238 |
| GALLAGHER FIDUCIARY ADVISORS | Other Service Provider | $8,815 | — | $8,815 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $33,053
- Estimated Expense Ratio: 0.180% 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 | $33,053 | $8,815 | — | — | — |
| 2023 | $75,236 | — | — | — | — |
| 2022 | $77,255 | — | $77,255 | — | — |