Plan Snapshot
- Plan Sponsor: The Minor League Baseball Players 401(K) Plan Committee
- Sponsor EIN: 991620531
- Sponsor Address: 5 HOT METAL STREET, PITTSBURGH, PA, 152032352
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 6,190
- Total Assets: $11.7M
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 | 6,190 | $11.7M | $2.5M | $8.6M |
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 |
|---|---|---|---|---|
| THE VANGUARD GROUP INC | Other Service Provider | $226,213 | — | $226,213 |
| MORGAN LEWIS & BOCKIUS LLP | ERISA Attorney | $139,141 | — | $139,141 |
| CENTRAL DATA SERVICES, INC. | Other Service Provider | $124,833 | — | $124,833 |
| GALLAGHER FIDUCIARY ADVISORS LLC | Investment Advisor | $27,500 | — | $27,500 |
| BREDHOFF & KAISER PLLC | ERISA Attorney | $11,132 | — | $11,132 |
| PNC BANK | Other Service Provider | $6,280 | — | $6,280 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN LEWIS & BOCKIUS LLP — ERISA Attorney
- GALLAGHER FIDUCIARY ADVISORS LLC — Investment Advisor
- BREDHOFF & KAISER PLLC — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $535,099
- Estimated Expense Ratio: 4.569% 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 | $555,534 | $27,500 | $124,833 | — | — |