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Retirement plan

MAJOR LEAGUE BASEBALL PLAYERS INVESTMENT PLAN

PENSION COMMITTEE OF MLB PLAYERS BENEFIT PLANEIN 51-0185287Plan #002PY 2025
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911 RIDGEBROOK ROAD - SPARKS, MD 21152410-683-6500
Other plans on this EIN
1 filing
#001Retirement-$4.76B assets
Prospect flagsLow returnsHigh assets / participant

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)
$1156.8M
-13.6% from 2017
Total participants
4,675
-2.7% from 2017
Average account balance
$261,180
-11.0% from 2017
Annual return
5.63%
-13.49 pp from 2017

Benchmarks

See 356 peers
Peer group
Industryany (size+type match)
Plan typeDefined contribution
Participants1,000-4,999
Cohort356 peers
Snapshot2025
Participant deferral / active EE
$2,110
median $2,036
Employer contribution / active EE
$15,061
median $2,382
Participation rate
94.5%
median 92.5%
Avg account balance
$261,180
median $54,658
Admin fee / account holder
$207
median $120
Annual return
5.63%
median 11.09%
Overall peer rank
51st percentileavg across 6 metrics

Analytics

2016 - 2025
Total assets (EOY)
Plan-year ending balance
$1.16B
Average account balance
Total assets / participants with a balance (line 6g)
$261K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
4,429
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
94.5%
Contributions (total)
Employer and participant dollars contributed each year
$76.45M
Contributions per participant
Average employer and participant contribution per enrolled participant
$17K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+5.63%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$207
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
  • Mutual / pooled
  • Stocks
  • Bonds
  • Cash
  • Real estate
  • Loans

Service providers

Top 10 by compensation
ProviderService typeCompensation
THE VANGUARD GROUP INC.1 year
Service code 15 · EIN 23-1945930
Recordkeeping
$266,274
ASSOCIATED ADMINISTRATORS LLC2 years
Service code 10 · EIN 65-1205077
Accounting
$181,068
MORGAN LEWIS & BOCKIUS LLP2 years
Service code 29 · EIN 23-0891050
Legal
$117,417
SCHULTHEIS & PANETTIERI LLP2 years
Service code 10 · EIN 13-1577780
Accounting
$62,000
BREDHOFF & KAISER PLLC1 year
Service code 29 · EIN 52-0969534
Legal
$59,673
GALLAGHER FIDUCIARY ADVISORS LLC2 years
Service code 27 · EIN 36-4291971
Advisory (Plan)
$49,656
HORIZON ACTUARIAL SERVICES LLC2 years
Service code 11 · EIN 26-1370698
Actuarial
$29,368
SEGAL SELECT INSURANCE SERVICES9 years
Service code 22
Insurance Broker
$12,512
SEGAL SELECT INSURANCE SERVICES INC2 years
Service code 22 · EIN 46-0619194
Insurance Broker
$0
THE VANGUARD GROUP, INC1 year
Service code 72
Other investment fees and expenses
$0

Plan features & details

Pension benefit codes2E2F2G2J2T
Plan features
  • 2E
    Profit-sharing
    Profit-sharing plan.
  • 2F
    ERISA section 404(c) plan
    This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
  • 2G
    Total participant-directed account plan
    Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • 2J
    Code section 401(k) feature
    Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
  • 2T
    Default investment account
    Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.

Opportunity flags

2 tripped
  • OpportunityLow returns

    Annual investment return is in the bottom quintile of the peer cohort.

  • InformationalHigh assets / participant

    Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II
Admin total
$919K
$206 / participant
  • Recordkeeping$259K28.2%
  • Investment mgmt$61K6.6%
  • Legal$177K19.3%
  • Actuarial$29K3.2%
  • Contract admin$181K19.7%
  • Other / not subdivided$211K23.0%
% of EOY assets
0.079%
all-in expense ratio
Categories reported
5 / 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
$62,000
Opinion code
Unqualified