Retirement plan

NFL PLAYER SECOND CAREER SAVINGS PLAN

Name: SAVINGS BOARD OF THE NFL PLAYER SECOND CAREER SAVINGS PLAN - NFL PLAYER SECOND CAREER SAVINGS PLAN (2020) Form 5500
Creator: SAVINGS BOARD OF THE NFL PLAYER SECOND CAREER SAVINGS PLAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NFL PLAYER SECOND CAREER SAVINGS PLAN, SAVINGS BOARD OF THE NFL PLAYER SECOND CAREER SAVINGS PLAN

SAVINGS BOARD OF THE NFL PLAYER SECOND CAREER SAVINGS PLANEIN 52-1852902Plan #001PY 2020

200 ST. PAUL STREET, SUITE 2420 - BALTIMORE, MD 21202800-638-3186LinkedIn5001-10000 employeessports

Prospect flagsLow returnsHigh feesFailed to transmit contributions

How to read this page

Total assets (EOY)

$2190.1M

-9.7% from 2019

Total participants

9,828

+2.9% from 2019

Average account balance

$222,845

-12.3% from 2019

Annual return

-10.63%

-14.90 pp from 2019

Benchmarks

See 120 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants1,000-4,999

Cohort120 peers

Snapshot2020

See peer percentile detail. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Analytics

Total assets (EOY)

Plan-year ending balance

$4.08B

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$353K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

11,584

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

98.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$137.46M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$49K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+4.81%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$397

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Service providers

Top 10 of 11 by compensation

Provider	Service type	Compensation
AON CONSULTING5+ years Filed as: AON Service code 11 · EIN 22-2232264	Actuarial	$950,545
TEMPO HOLDING COMPANY, LLC3 years Service code 15 · EIN 82-1061233	Recordkeeping	$874,488
B BELL/P ROZELLE NFL PLAYER RET PL5+ years Service code 49 · EIN 13-6043636	Other Services	$722,599
PFM ADVISORS2 years Filed as: PFM ASSET MANAGEMENT, LLC Service code 27 · EIN 23-3087064	Advisory (Plan)	$452,564
GROOM LAW GROUP5+ years Service code 29 · EIN 52-1219029	Legal	$436,730
THE BANK OF NEW YORK MELLON5+ years Service code 21 · EIN 13-5160382	Bank Trustee	$332,363
RR DONNELLEY5+ years Filed as: RR DONNELLEY RECEIVABLES, INC. Service code 36 · EIN 52-2125127	Direct payment from the plan; Copying...	$251,685
CLOUDBERRY CREATIVE, INC.3 years Service code 38 · EIN 27-1271032	Participant Communication	$80,764
ABRAMS, FOSTER, NOLE & WILLIAMS, PA5+ years Service code 10 · EIN 52-1854049	Accounting	$28,500
PORTFOLIO EVALUATIONS, INC.3 years Service code 27 · EIN 22-3189064	Advisory (Plan)	$22,130

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T

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.
2K
Code section 401(m) arrangement
Employee 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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$4.2M

$1723 / participant

Investment mgmt$475K11.4%
Other / not subdivided$4M88.6%

% of EOY assets

0.190%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: ABRAMS,FOSTER,NOLE & WILLIAMS, PA
Auditor EIN: 521854049
Audit fees: (not subdivided)
Opinion code: Unqualified

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$222,845

$53,932+313.2%

$134,143+66.1%

$90,288+146.8%

Participation rate

100.0%

60.4%+39.6pp

72.2%+27.8pp

73.4%+26.6pp

Annual return

-10.63%

23.16%-33.8pp

36.33%-47.0pp

53.97%-64.6pp

Employer contribution / active EE

$22,084

$1,611+1270.8%

$3,704+496.2%

$2,524+774.9%

Participant deferral / active EE

$19,045

$2,432+683.0%

$3,499+444.3%

$4,232+350.0%

Admin fee / account holder

$424

$104+309.5%

$6,684-93.7%

$114+271.9%

Provider

Service type

Compensation

AON CONSULTING5+ years

Filed as: AON

Service code 11 · EIN 22-2232264

Actuarial

$950,545

TEMPO HOLDING COMPANY, LLC3 years

Service code 15 · EIN 82-1061233

Recordkeeping

$874,488

B BELL/P ROZELLE NFL PLAYER RET PL5+ years

Service code 49 · EIN 13-6043636

Other Services

$722,599

PFM ADVISORS2 years

Filed as: PFM ASSET MANAGEMENT, LLC

Service code 27 · EIN 23-3087064

Advisory (Plan)

$452,564

GROOM LAW GROUP5+ years

Service code 29 · EIN 52-1219029

Legal

$436,730

THE BANK OF NEW YORK MELLON5+ years

Service code 21 · EIN 13-5160382

Bank Trustee

$332,363

RR DONNELLEY5+ years

Filed as: RR DONNELLEY RECEIVABLES, INC.

Service code 36 · EIN 52-2125127

Direct payment from the plan; Copying...

$251,685

CLOUDBERRY CREATIVE, INC.3 years

Service code 38 · EIN 27-1271032

Participant Communication

$80,764

ABRAMS, FOSTER, NOLE & WILLIAMS, PA5+ years

Service code 10 · EIN 52-1854049

Accounting

$28,500

PORTFOLIO EVALUATIONS, INC.3 years

Service code 27 · EIN 22-3189064

Advisory (Plan)

$22,130

NFL PLAYER SECOND CAREER SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NFL PLAYER SECOND CAREER SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion