Plan Snapshot
- Plan Sponsor: Pension Committee Of Mlb Players Benefit Plan
- Sponsor EIN: 510185287
- Sponsor Address: 911 RIDGEBROOK ROAD, SPARKS, MD, 21152
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 4,452
- Total Assets: $1.2B
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 4,452 | $1.2B | $67.1M | $9.4M |
| 2023 | 4,380 | $1.1B | $39.2M | $29.2M |
| 2022 | 4,293 | $928.0M | $17.3M | $33.7M |
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 VANGUARD GROUP INC. | Other Service Provider | $266,274 | — | $266,274 |
| ASSOCIATED ADMINISTRATORS LLC | Other Service Provider | $181,068 | — | $181,068 |
| MORGAN LEWIS & BOCKIUS LLP | ERISA Attorney | $117,417 | — | $117,417 |
| SCHULTHEIS & PANETTIERI LLP | Auditor | $62,000 | — | $62,000 |
| BREDHOFF & KAISER PLLC | ERISA Attorney | $59,673 | — | $59,673 |
| GALLAGHER FIDUCIARY ADVISORS LLC | Investment Advisor | $49,656 | — | $49,656 |
| HORIZON ACTUARIAL SERVICES LLC | Other Service Provider | $29,368 | — | $29,368 |
| SEGAL SELECT INSURANCE SERVICES INC | Other Service Provider | — | $13,883 | $13,883 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN LEWIS & BOCKIUS LLP — ERISA Attorney
- SCHULTHEIS & PANETTIERI LLP — Auditor
- BREDHOFF & KAISER PLLC — ERISA Attorney
- GALLAGHER FIDUCIARY ADVISORS LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $779,339
- Estimated Expense Ratio: 0.067% 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 | $918,813 | $61,085 | $181,068 | $62,000 | — |
| 2023 | $947,560 | $48,014 | $170,820 | $126,560 | — |
| 2022 | $875,449 | $334,982 | $167,082 | — | $242,257 |