Memphis Basketball LLC 401(K) Plan — Form 5500 plan (Memphis Basketball LLC)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Memphis Basketball LLC 401(K) Plan is a benefit plan reported by Memphis Basketball LLC under EIN 46-1332968 and plan number 001. The latest loaded filing year is 2023. The filing reports 439 participants and $14,542,729 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Memphis Basketball LLC
EIN
46-1332968
Plan number
001
Plan type
2
Location
Memphis, TN
Latest filing year
2023
Participants
439
End-of-year plan assets
$14,542,729

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023439H, C20241014133639NAL0026276481001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$14,542,729
Total liabilities (EOY)
$0
Net assets (EOY)
$14,542,729
Net assets (BOY)
$10,973,789

Income & contributions

Employer contributions
$458,872
Participant contributions
$1,375,660
Total contributions
$2,127,065
Total income / additions
$4,406,928

Expenses & distributions

Benefits paid
$778,087
Administrative expenses
$59,901
Total expenses
$837,988
Net increase / (decrease)
$3,568,940

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance Company ORECORDKEEPER$28,569$02023
First Horizon Advisors IncINVESTMENT ADVISOR$23,695not reported in the loaded dataset2023
Empower Advisory Group, LLCINVESTMENT MGMT$7,635not reported in the loaded dataset2023

Related Form 5500 pages