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Retirement plan

MAJOR LEAGUE BASEBALL PLAYERS PENSION PLAN

PENSION COMMITTEE OF MLB PLAYERS BENEFIT PLANEIN 51-0185287Plan #001PY 2024
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911 RIDGEBROOK ROAD - SPARKS, MD 21152410-683-6500
Other plans on this EIN
1 filing
#002Retirement-$1.08B assets
Prospect flagsHigh retiree %

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(410) 683-6500
How to read this page

Summary metrics

Total assets (EOY)
$4648.7M
-4.6% from 2017
Total participants
9,866
-2.8% from 2017
Average account balance
$0
No prior year
Annual return
11.98%
-5.26 pp from 2017

Benchmarks

See 782 peers
Peer group
Industryany (size+type match)
Plan typeDefined benefit
Participants1,000-4,999
Cohort782 peers
Snapshot2024
Participant deferral / active EE
$0
median $197
Employer contribution / active EE
$130,926
median $9,844
Participation rate
0.0%
median 0.0%
Avg account balance
$0
Admin fee / account holder
$0
Annual return
11.98%
median 7.40%
Overall peer rank
76th percentileavg across 6 metrics

Analytics

2016 - 2025
Total assets (EOY)
Plan-year ending balance
$4.76B
Average account balance
Total assets / participants with a balance (line 6g)
$474K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
8,953
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
0.0%
Contributions (total)
Employer and participant dollars contributed each year
$142.84M
Contributions per participant
Average employer and participant contribution per enrolled participant
$130K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+5.11%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$0
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
  • Mutual / pooled
  • Stocks
  • Bonds
  • Cash
  • Real estate
  • Loans

Service providers

Top 10 of 22 by compensation
ProviderService typeCompensation
BARON CAPITAL8 years
Service code 28 ยท EIN 13-3122938
Investment Management
$1,843,685
WILLIAM BLAIR5 years
Service code 28 ยท EIN 47-2614791
Investment Management
$1,447,808
BNY MELLON1 year
Service code 28 ยท EIN 13-5673135
Investment Management
$1,223,403
LSV ASSET MANAGEMENT9+ years
Service code 28 ยท EIN 23-2772200
Investment Management
$1,177,272
PACIFIC INVESTMENT MANAGEMENT CO5 years
Service code 28 ยท EIN 33-0629048
Investment Management
$742,139
ASSOCIATED ADMINISTRATORS LLC5 years
Service code 10 ยท EIN 65-1205077
Accounting
$730,077
WESTERN ASSET MANAGEMENT CO5 years
Service code 28 ยท EIN 92-2705767
Investment Management
$648,650
JP MORGAN INVESTMENT MANAGEMENT INC3 years
Service code 27 ยท EIN 13-3200244
Advisory (Plan)
$602,489
POLEN CAPITAL MANAGEMENT LLC1 year
Service code 28 ยท EIN 26-0319356
Investment Management
$520,254
GALLAGHER FIDUCIARY ADVISORS LLC9+ years
Service code 17 ยท EIN 36-4291971
Pension Consulting
$492,791

Enrolled actuary

1 attachment
MB

THOMAS C. CLIFFEL, FSA

HORIZON ACTUARIAL SERVICES, LLC
Enrollment #2306012
17515 NORTHWOOD AVE
LAKEWOOD, OH 44107
(678) 317-4162
Signed 2024-12-17

Plan features & details

Pension benefit codes1B
Plan features
  • 1B
    Benefits are primarily flat dollar
    Benefits are primarily a flat dollar amount (including a dollar amount per year of service).

Opportunity flags

1 tripped
  • InformationalHigh retiree %

    Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II
Admin total
$11.7M
$10728 / participant
  • Trustee / custodial$593K5.1%
  • Investment mgmt$8M71.7%
  • Legal$439K3.7%
  • Actuarial$284K2.4%
  • Other trustee fees$13K0.1%
  • Contract admin$729K6.2%
  • Other / not subdivided$1M10.8%
% of EOY assets
0.252%
all-in expense ratio
Categories reported
6 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm
SCHULTHEIS & PANETTIERI, LLP
Auditor EIN
131577780
Audit fees
$93,800
Opinion code
Unqualified