Plan Snapshot
- Plan Sponsor: Pension Committee Of Mlb Players Benefit Plan
- Sponsor EIN: 510185287
- Sponsor Address: 911 RIDGEBROOK ROAD, SPARKS, MD, 21152
- Plan Type: DB
- Plan Number: 001
- Total Participants: 1,098
- Total Assets: $4.8B
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 | 1,098 | $4.8B | $142.8M | $0 |
| 2023 | 1,091 | $4.6B | $142.8M | $0 |
| 2022 | 1,087 | $4.2B | $142.8M | $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 |
|---|---|---|---|---|
| BARON CAPITAL | Other Service Provider | $1,254,139 | — | $1,254,139 |
| LSV ASSET MANAGEMENT | Other Service Provider | $1,122,983 | — | $1,122,983 |
| JP MORGAN INVESTMENT MANAGEMENT INC | Recordkeeper | $1,107,298 | — | $1,107,298 |
| BNY MELLON | Other Service Provider | $1,081,508 | — | $1,081,508 |
| WILLIAM BLAIR | Other Service Provider | $909,081 | — | $909,081 |
| ASSOCIATED ADMINISTRATORS LLC | Other Service Provider | $773,547 | — | $773,547 |
| STATE STREET BANK AND TRUST COMPANY | Other Service Provider | $745,047 | — | $745,047 |
| PACIFIC INVESTMENT MANAGEMENT CO | Other Service Provider | $706,947 | — | $706,947 |
| BREDHOFF & KAISER | ERISA Attorney | $358,694 | — | $358,694 |
| GALLAGHER FIDUCIARY ADVISORS LLC | Investment Advisor | $356,685 | — | $356,685 |
| POLEN CAPITAL MANAGEMENT LLC | Other Service Provider | $306,381 | — | $306,381 |
| SCHULTHEIS & PANETTIERI, LLP | Auditor | $295,700 | — | $295,700 |
| HORIZON ACTUARIAL SERVICES LLC | Other Service Provider | $282,945 | — | $282,945 |
| WESTERN ASSET MANAGEMENT CO | Other Service Provider | $261,247 | — | $261,247 |
| MORGAN LEWIS & BOCKIUS LLP | ERISA Attorney | $199,059 | — | $199,059 |
| BLACKROCK INSTITUTIONAL | Other Service Provider | $131,031 | — | $131,031 |
| STATE STREET GLOBAL ADVISORS | Other Service Provider | $102,102 | — | $102,102 |
| SEGAL SELECT INSURANCE SERVICES INC | Other Service Provider | — | $57,723 | $57,723 |
| SCHAEFER PRINTING COMPANY | Other Service Provider | $11,805 | — | $11,805 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JP MORGAN INVESTMENT MANAGEMENT INC — Recordkeeper
- BREDHOFF & KAISER — ERISA Attorney
- GALLAGHER FIDUCIARY ADVISORS LLC — Investment Advisor
- SCHULTHEIS & PANETTIERI, LLP — Auditor
- MORGAN LEWIS & BOCKIUS LLP — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $10,063,922
- Estimated Expense Ratio: 0.211% 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 | $11,051,268 | $7,319,127 | $772,872 | $295,700 | — |
| 2023 | $11,703,897 | $8,387,696 | $729,120 | $93,800 | — |
| 2022 | $11,326,166 | $8,370,304 | $701,076 | — | $1,090,229 |