Retirement plan
NFL PLAYER SECOND CAREER SAVINGS PLAN
SAVINGS BOARD OF THE NFL PLAYER SECOND CAREER SAVINGS PLANEIN 52-1852902Plan #001PY 2024
Prospect flagsHigh feesHigh assets / participant
Filing contacts
From the Form 5500, federal recordPlan administrator signer
KATHERINE BLACKBURN
Signed 12/24/2024
Summary metrics
Total assets (EOY)
$3951.6M
-13.4% from 2017
Total participants
11,102
-4.3% from 2017
Average account balance
$357,188
-9.5% from 2017
Annual return
21.47%
-16.33 pp from 2017
Benchmarks
Peer group
Industry71 - Arts, Entertainment, and Recreation
Plan typeDefined contribution
Participants1,000-4,999
Cohort161 peers
Snapshot2024
96
Participant deferral / active EE
$22,472
median $2,351
92
Employer contribution / active EE
$23,200
median $1,009
96
Participation rate
98.6%
median 58.6%
100
Avg account balance
$357,188
median $47,586
6
Admin fee / account holder
$395
median $97
93
Annual return
21.47%
median 14.53%
Overall peer rank
80of 100
80th percentileavg across 6 metrics
Analytics
2016 - 2025
Total assets (EOY)
Plan-year ending balance
$4.08B
Average account balance
Total assets / participants with a balance (line 6g)
$353K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
11,584
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
98.4%
Contributions (total)
Employer and participant dollars contributed each year
$137.46M
Contributions per participant
Average employer and participant contribution per enrolled participant
$49K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+4.81%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$397
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 11 by compensation
| Provider | Service type | Compensation |
|---|---|---|
B BELL/P ROZELLE NFL PLAYER RET PL9+ years Service code 49 · EIN 13-6043636 | Other Services | $1,172,890 |
ALIGHT HOLDING COMPANY, LLC4 years Service code 15 · EIN 82-1061233 | Recordkeeping | $910,431 |
PFM ASSET MANAGEMENT, LLC6 years Service code 27 · EIN 23-3087064 | Advisory (Plan) | $699,126 |
AON CONSULTING, INC.2 years Service code 11 · EIN 22-2232264 | Actuarial | $650,725 |
THE BANK OF NEW YORK MELLON9+ years Service code 21 · EIN 13-5160382 | Bank Trustee | $354,437 |
CONSOLIDATED GRAPHICS, INC.2 years Service code 36 · EIN 76-0190827 | Direct payment from the plan; Copying... | $275,337 |
GROOM LAW GROUP, CHARTERED3 years Service code 29 · EIN 52-1219029 | Legal | $220,991 |
MITCHELL & TITUS, LLP3 years Service code 10 · EIN 13-2781641 | Accounting | $29,892 |
CAPFINANCIAL PARTNERS, LLC2 years Service code 27 · EIN 26-0058143 | Advisory (Plan) | $26,041 |
CLOUDBERRY CREATIVE, INC.7 years Service code 38 · EIN 27-1271032 | Participant Communication | $16,026 |
Plan features & details
Pension benefit codes2E2F2G2J2K2S2T
Plan features
- 2EProfit-sharingProfit-sharing plan.
- 2FERISA section 404(c) planThis plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
- 2GTotal participant-directed account planParticipants 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.
- 2JCode section 401(k) featureCash 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.
- 2KCode section 401(m) arrangementEmployee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
- 2SAutomatic enrollmentPlan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
- 2TDefault investment accountTotal 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
- OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
- InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.
Expense breakdown
Schedule H Part II
Admin total
$4.4M
$1577 / participant
- Recordkeeping$910K20.8%
- Trustee / custodial$354K8.1%
- Investment mgmt$725K16.6%
- Legal$221K5.1%
- Other / not subdivided$2M49.4%
% of EOY assets
0.111%
all-in expense ratio
Categories reported
4 / 9
subdivided buckets used
Audit opinion
Schedule H Part III
Unqualified opinion
Auditor signed off without reservation - the cleanest possible opinion.
- Auditor firm
- MITCHELL & TITUS, LLP
- Auditor EIN
- 132781641
- Audit fees
- $29,892
- Opinion code
- Unqualified