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NATIONAL BASKETBALL ASSOCIATION PLAYERS' PENSION PLAN 401k Plan overview

Plan NameNATIONAL BASKETBALL ASSOCIATION PLAYERS' PENSION PLAN
Plan identification number 001

NATIONAL BASKETBALL ASSOCIATION PLAYERS' PENSION PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily flat dollar (includes dollars per year of service)
  • Code section 414(k) arrangement - Benefits are based partly on the balance of the separate account of the participant (also include appropriate defined contribution pension feature codes).

401k Sponsoring company profile

BOARD OF TRUSTEES OF NBA PLAYERS' PENSION PLAN has sponsored the creation of one or more 401k plans.

Company Name:BOARD OF TRUSTEES OF NBA PLAYERS' PENSION PLAN
Employer identification number (EIN):832172122
NAIC Classification:711210
NAIC Description: Spectator Sports

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NATIONAL BASKETBALL ASSOCIATION PLAYERS' PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-02-02
0012021-02-02
0012020-02-02
0012019-02-02
0012018-02-02
0012017-02-02RON KLEMPNER NEIL AARON2018-11-14

Plan Statistics for NATIONAL BASKETBALL ASSOCIATION PLAYERS' PENSION PLAN

401k plan membership statisitcs for NATIONAL BASKETBALL ASSOCIATION PLAYERS' PENSION PLAN

Measure Date Value
2023: NATIONAL BASKETBALL ASSOCIATION PLAYERS' PENSION PLAN 2023 401k membership
Current value of assets2023-02-01604,523,639
Acturial value of assets for funding standard account2023-02-01586,996,564
Accrued liability for plan using immediate gains methods2023-02-011,048,045,889
Accrued liability under unit credit cost method2023-02-011,048,045,889
RPA 94 current liability2023-02-012,317,815,295
Expected increase in current liability due to benefits accruing during the plan year2023-02-0146,859,818
Expected release from RPA 94 current liability for plan year2023-02-0152,588,974
Expected plan disbursements for the plan year2023-02-0155,304,974
Current value of assets2023-02-01595,404,484
Number of retired participants and beneficiaries receiving payment2023-02-01616
Current liability for retired participants and beneficiaries receiving payment2023-02-01542,215,778
Number of terminated vested participants2023-02-01889
Current liability for terminated vested participants2023-02-011,408,518,629
Current liability for active participants non vested benefits2023-02-0118,290,164
Current liability for active participants vested benefits2023-02-01348,790,724
Total number of active articipats2023-02-01438
Current liability for active participants2023-02-01367,080,888
Total participant count with liabilities2023-02-011,943
Total current liabilitoes for participants with libailities2023-02-012,317,815,295
Total employer contributions in plan year2023-02-0120,646,762
Total employee contributions in plan year2023-02-010
Prior year funding deficiency2023-02-010
Employer’s normal cost for plan year as of valuation date2023-02-0112,403,440
Prior year credit balance2023-02-0159,926,114
Amortization credits as of valuation date2023-02-017,776,799
2022: NATIONAL BASKETBALL ASSOCIATION PLAYERS' PENSION PLAN 2022 401k membership
Total participants, beginning-of-year2022-02-021,943
Total number of active participants reported on line 7a of the Form 55002022-02-02435
Number of retired or separated participants receiving benefits2022-02-02557
Number of other retired or separated participants entitled to future benefits2022-02-02914
Total of all active and inactive participants2022-02-021,906
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-02-0270
Total participants2022-02-021,976
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-02-0217
Number of employers contributing to the scheme2022-02-0230
Current value of assets2022-02-01624,280,509
Acturial value of assets for funding standard account2022-02-01591,851,787
Accrued liability for plan using immediate gains methods2022-02-01950,752,710
Accrued liability under unit credit cost method2022-02-01950,752,710
RPA 94 current liability2022-02-012,010,679,464
Expected increase in current liability due to benefits accruing during the plan year2022-02-0141,205,693
Expected release from RPA 94 current liability for plan year2022-02-0145,901,804
Expected plan disbursements for the plan year2022-02-0148,882,804
Current value of assets2022-02-01622,872,244
Number of retired participants and beneficiaries receiving payment2022-02-01595
Current liability for retired participants and beneficiaries receiving payment2022-02-01457,244,435
Number of terminated vested participants2022-02-01879
Current liability for terminated vested participants2022-02-011,251,308,441
Current liability for active participants non vested benefits2022-02-0116,803,942
Current liability for active participants vested benefits2022-02-01285,322,646
Total number of active articipats2022-02-01431
Current liability for active participants2022-02-01302,126,588
Total participant count with liabilities2022-02-011,905
Total current liabilitoes for participants with libailities2022-02-012,010,679,464
Total employer contributions in plan year2022-02-010
Total employee contributions in plan year2022-02-010
Prior year funding deficiency2022-02-010
Employer’s normal cost for plan year as of valuation date2022-02-0112,262,163
Prior year credit balance2022-02-01129,810,416
Amortization credits as of valuation date2022-02-016,703,956
2021: NATIONAL BASKETBALL ASSOCIATION PLAYERS' PENSION PLAN 2021 401k membership
Total participants, beginning-of-year2021-02-021,905
Total number of active participants reported on line 7a of the Form 55002021-02-02438
Number of retired or separated participants receiving benefits2021-02-02550
Number of other retired or separated participants entitled to future benefits2021-02-02888
Total of all active and inactive participants2021-02-021,876
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-02-0267
Total participants2021-02-021,943
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-02-0225
Number of employers contributing to the scheme2021-02-0230
Current value of assets2021-02-01513,484,180
Acturial value of assets for funding standard account2021-02-01509,939,688
Accrued liability for plan using immediate gains methods2021-02-01890,744,195
Accrued liability under unit credit cost method2021-02-01890,744,195
RPA 94 current liability2021-02-011,832,708,000
Expected increase in current liability due to benefits accruing during the plan year2021-02-0136,402,491
Expected release from RPA 94 current liability for plan year2021-02-0141,289,319
Expected plan disbursements for the plan year2021-02-0144,164,319
Current value of assets2021-02-01512,295,236
Number of retired participants and beneficiaries receiving payment2021-02-01573
Current liability for retired participants and beneficiaries receiving payment2021-02-01415,089,370
Number of terminated vested participants2021-02-01862
Current liability for terminated vested participants2021-02-011,155,630,215
Current liability for active participants non vested benefits2021-02-0115,897,257
Current liability for active participants vested benefits2021-02-01246,091,158
Total number of active articipats2021-02-01439
Current liability for active participants2021-02-01261,988,415
Total participant count with liabilities2021-02-011,874
Total current liabilitoes for participants with libailities2021-02-011,832,708,000
Total employer contributions in plan year2021-02-0180,905,998
Total employee contributions in plan year2021-02-010
Prior year funding deficiency2021-02-010
Employer’s normal cost for plan year as of valuation date2021-02-0111,169,805
Prior year credit balance2021-02-01115,759,822
Amortization credits as of valuation date2021-02-015,123,814
2020: NATIONAL BASKETBALL ASSOCIATION PLAYERS' PENSION PLAN 2020 401k membership
Total participants, beginning-of-year2020-02-021,874
Total number of active participants reported on line 7a of the Form 55002020-02-02431
Number of retired or separated participants receiving benefits2020-02-02530
Number of other retired or separated participants entitled to future benefits2020-02-02878
Total of all active and inactive participants2020-02-021,839
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-02-0266
Total participants2020-02-021,905
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-02-0228
Number of employers contributing to the scheme2020-02-0230
Current value of assets2020-02-01420,009,764
Acturial value of assets for funding standard account2020-02-01438,979,859
Accrued liability for plan using immediate gains methods2020-02-01845,671,053
Accrued liability under unit credit cost method2020-02-01845,671,053
RPA 94 current liability2020-02-011,695,249,719
Expected increase in current liability due to benefits accruing during the plan year2020-02-0132,514,898
Expected release from RPA 94 current liability for plan year2020-02-0133,893,734
Expected plan disbursements for the plan year2020-02-0136,620,734
Current value of assets2020-02-01419,063,656
Number of retired participants and beneficiaries receiving payment2020-02-01546
Current liability for retired participants and beneficiaries receiving payment2020-02-01367,729,956
Number of terminated vested participants2020-02-01845
Current liability for terminated vested participants2020-02-011,067,913,872
Current liability for active participants non vested benefits2020-02-0114,114,288
Current liability for active participants vested benefits2020-02-01245,491,603
Total number of active articipats2020-02-01439
Current liability for active participants2020-02-01259,605,891
Total participant count with liabilities2020-02-011,830
Total current liabilitoes for participants with libailities2020-02-011,695,249,719
Total employer contributions in plan year2020-02-0188,745,913
Total employee contributions in plan year2020-02-010
Prior year funding deficiency2020-02-010
Employer’s normal cost for plan year as of valuation date2020-02-0110,620,363
Prior year credit balance2020-02-0192,490,992
Amortization credits as of valuation date2020-02-015,123,814
2019: NATIONAL BASKETBALL ASSOCIATION PLAYERS' PENSION PLAN 2019 401k membership
Total participants, beginning-of-year2019-02-021,830
Total number of active participants reported on line 7a of the Form 55002019-02-02439
Number of retired or separated participants receiving benefits2019-02-02514
Number of other retired or separated participants entitled to future benefits2019-02-02862
Total of all active and inactive participants2019-02-021,815
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-02-0259
Total participants2019-02-021,874
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-02-0223
Number of employers contributing to the scheme2019-02-0230
Current value of assets2019-02-01410,297,183
Acturial value of assets for funding standard account2019-02-01383,853,946
Accrued liability for plan using immediate gains methods2019-02-01796,492,098
Accrued liability under unit credit cost method2019-02-01796,492,098
RPA 94 current liability2019-02-011,649,994,410
Expected increase in current liability due to benefits accruing during the plan year2019-02-0133,055,596
Expected release from RPA 94 current liability for plan year2019-02-0134,765,050
Expected plan disbursements for the plan year2019-02-0137,065,050
Current value of assets2019-02-01408,477,277
Number of retired participants and beneficiaries receiving payment2019-02-01529
Current liability for retired participants and beneficiaries receiving payment2019-02-01339,775,452
Number of terminated vested participants2019-02-01833
Current liability for terminated vested participants2019-02-011,049,188,343
Current liability for active participants non vested benefits2019-02-0113,338,923
Current liability for active participants vested benefits2019-02-01247,691,692
Total number of active articipats2019-02-01434
Current liability for active participants2019-02-01261,030,615
Total participant count with liabilities2019-02-011,796
Total current liabilitoes for participants with libailities2019-02-011,649,994,410
Total employer contributions in plan year2019-02-0172,699,051
Total employee contributions in plan year2019-02-010
Prior year funding deficiency2019-02-010
Employer’s normal cost for plan year as of valuation date2019-02-0110,045,580
Prior year credit balance2019-02-0185,550,015
Amortization credits as of valuation date2019-02-015,123,814
2018: NATIONAL BASKETBALL ASSOCIATION PLAYERS' PENSION PLAN 2018 401k membership
Total participants, beginning-of-year2018-02-021,796
Total number of active participants reported on line 7a of the Form 55002018-02-02439
Number of retired or separated participants receiving benefits2018-02-02480
Number of other retired or separated participants entitled to future benefits2018-02-02845
Total of all active and inactive participants2018-02-021,764
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-02-0266
Total participants2018-02-021,830
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-02-0226
Number of employers contributing to the scheme2018-02-0230
Current value of assets2018-02-01331,265,472
Acturial value of assets for funding standard account2018-02-01335,833,833
Accrued liability for plan using immediate gains methods2018-02-01520,845,777
Accrued liability under unit credit cost method2018-02-01520,845,777
RPA 94 current liability2018-02-011,009,273,172
Expected increase in current liability due to benefits accruing during the plan year2018-02-0121,475,685
Expected release from RPA 94 current liability for plan year2018-02-0128,570,485
Expected plan disbursements for the plan year2018-02-0130,774,485
Current value of assets2018-02-01330,260,736
Number of retired participants and beneficiaries receiving payment2018-02-01524
Current liability for retired participants and beneficiaries receiving payment2018-02-01171,427,163
Number of terminated vested participants2018-02-01794
Current liability for terminated vested participants2018-02-01662,049,634
Current liability for active participants non vested benefits2018-02-018,871,528
Current liability for active participants vested benefits2018-02-01166,924,847
Total number of active articipats2018-02-01445
Current liability for active participants2018-02-01175,796,375
Total participant count with liabilities2018-02-011,763
Total current liabilitoes for participants with libailities2018-02-011,009,273,172
Total employer contributions in plan year2018-02-0140,833,685
Total employee contributions in plan year2018-02-010
Prior year funding deficiency2018-02-010
Employer’s normal cost for plan year as of valuation date2018-02-017,748,613
Prior year credit balance2018-02-0182,082,798
Amortization credits as of valuation date2018-02-014,556,495
2017: NATIONAL BASKETBALL ASSOCIATION PLAYERS' PENSION PLAN 2017 401k membership
Total participants, beginning-of-year2017-02-021,763
Total number of active participants reported on line 7a of the Form 55002017-02-02434
Number of retired or separated participants receiving benefits2017-02-02458
Number of other retired or separated participants entitled to future benefits2017-02-02833
Total of all active and inactive participants2017-02-021,725
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-02-0271
Total participants2017-02-021,796
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-02-0226
Number of employers contributing to the scheme2017-02-0230

Financial Data on NATIONAL BASKETBALL ASSOCIATION PLAYERS' PENSION PLAN

Measure Date Value
2023 : NATIONAL BASKETBALL ASSOCIATION PLAYERS' PENSION PLAN 2023 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2023-02-01$-10,657,221
Total unrealized appreciation/depreciation of assets2023-02-01$-10,657,221
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-02-01$4,038,204
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-02-01$4,532,912
Total income from all sources (including contributions)2023-02-01$-13,659,447
Total loss/gain on sale of assets2023-02-01$4,563,752
Total of all expenses incurred2023-02-01$45,991,425
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-02-01$41,532,843
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-02-01$20,646,762
Value of total assets at end of year2023-02-01$539,791,816
Value of total assets at beginning of year2023-02-01$599,937,396
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-02-01$4,458,582
Total interest from all sources2023-02-01$876,219
Total dividends received (eg from common stock, registered investment company shares)2023-02-01$860,188
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2023-02-01No
Administrative expenses professional fees incurred2023-02-01$1,938,450
Assets. Corporate prefeered stocks other than exployer securities at end of year2023-02-01$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2023-02-01$172,395
Was this plan covered by a fidelity bond2023-02-01Yes
Value of fidelity bond cover2023-02-01$10,000,000
Were there any nonexempt tranactions with any party-in-interest2023-02-01No
Assets. Other investments not covered elsewhere at end of year2023-02-01$33,346
Assets. Other investments not covered elsewhere at beginning of year2023-02-01$230,911
Value of other receiveables (less allowance for doubtful accounts) at end of year2023-02-01$590,050
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2023-02-01$239,692
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2023-02-01$881,996
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2023-02-01$1,038,581
Other income not declared elsewhere2023-02-01$211,471
Administrative expenses (other) incurred2023-02-01$62,177
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2023-02-01No
Value of net income/loss2023-02-01$-59,650,872
Value of net assets at end of year (total assets less liabilities)2023-02-01$535,753,612
Value of net assets at beginning of year (total assets less liabilities)2023-02-01$595,404,484
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2023-02-01No
Were any loans by the plan or fixed income obligations due to the plan in default2023-02-01No
Were any leases to which the plan was party in default or uncollectible2023-02-01No
Assets. partnership/joint venture interests at end of year2023-02-01$85,431,961
Assets. partnership/joint venture interests at beginning of year2023-02-01$94,610,611
Investment advisory and management fees2023-02-01$1,956,277
Value of interest in registered invesment companies (eg mutual funds) at end of year2023-02-01$15,208,943
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2023-02-01$26,303,581
Interest earned on other investments2023-02-01$876,219
Value of interest in common/collective trusts at end of year2023-02-01$211,517,613
Value of interest in common/collective trusts at beginning of year2023-02-01$222,107,442
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2023-02-01$8,646,100
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2023-02-01$8,596,583
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2023-02-01$8,596,583
Assets. Value of investments in 103.12 investment entities at end of year2023-02-01$105,692,635
Assets. Value of investments in 103.12 investment entities at beginning of year2023-02-01$120,251,498
Asset value of US Government securities at end of year2023-02-01$98,326
Asset value of US Government securities at beginning of year2023-02-01$0
Net investment gain or loss from common/collective trusts2023-02-01$-18,328,341
Net gain/loss from 103.12 investment entities2023-02-01$-11,832,277
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2023-02-01Yes
Was there a failure to transmit to the plan any participant contributions2023-02-01No
Has the plan failed to provide any benefit when due under the plan2023-02-01No
Contributions received in cash from employer2023-02-01$20,646,762
Income. Dividends from common stock2023-02-01$860,188
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-02-01$41,532,843
Asset. Corporate debt instrument debt (other) at end of year2023-02-01$23,497,708
Asset. Corporate debt instrument debt (other) at beginning of year2023-02-01$28,960,787
Contract administrator fees2023-02-01$501,678
Assets. Corporate common stocks other than exployer securities at end of year2023-02-01$89,075,134
Assets. Corporate common stocks other than exployer securities at beginning of year2023-02-01$98,463,896
Liabilities. Value of benefit claims payable at end of year2023-02-01$3,156,208
Liabilities. Value of benefit claims payable at beginning of year2023-02-01$3,494,331
Did the plan have assets held for investment2023-02-01Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2023-02-01No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2023-02-01No
Aggregate proceeds on sale of assets2023-02-01$4,563,752
Opinion of an independent qualified public accountant for this plan2023-02-01Unqualified
Accountancy firm name2023-02-01EISNERAMPER LLP
Accountancy firm EIN2023-02-01871363769
2022 : NATIONAL BASKETBALL ASSOCIATION PLAYERS' PENSION PLAN 2022 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2022-02-01$-32,832,645
Total unrealized appreciation/depreciation of assets2022-02-01$-32,832,645
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-02-01$4,532,912
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-02-01$8,775,211
Total income from all sources (including contributions)2022-02-01$27,935,567
Total loss/gain on sale of assets2022-02-01$36,645,805
Total of all expenses incurred2022-02-01$55,403,327
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-02-01$49,838,985
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-02-01$0
Value of total assets at end of year2022-02-01$599,937,396
Value of total assets at beginning of year2022-02-01$631,647,455
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-02-01$5,564,342
Total interest from all sources2022-02-01$18,359
Total dividends received (eg from common stock, registered investment company shares)2022-02-01$2,467,723
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-02-01No
Administrative expenses professional fees incurred2022-02-01$2,131,407
Assets. Corporate prefeered stocks other than exployer securities at end of year2022-02-01$172,395
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2022-02-01$679,705
Was this plan covered by a fidelity bond2022-02-01Yes
Value of fidelity bond cover2022-02-01$10,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2022-02-01$0
Were there any nonexempt tranactions with any party-in-interest2022-02-01No
Assets. Other investments not covered elsewhere at end of year2022-02-01$230,911
Assets. Other investments not covered elsewhere at beginning of year2022-02-01$455,718
Value of other receiveables (less allowance for doubtful accounts) at end of year2022-02-01$239,692
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2022-02-01$6,952,171
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2022-02-01$1,038,581
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2022-02-01$1,408,264
Other income not declared elsewhere2022-02-01$489,116
Administrative expenses (other) incurred2022-02-01$59,055
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-02-01No
Value of net income/loss2022-02-01$-27,467,760
Value of net assets at end of year (total assets less liabilities)2022-02-01$595,404,484
Value of net assets at beginning of year (total assets less liabilities)2022-02-01$622,872,244
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-02-01No
Were any loans by the plan or fixed income obligations due to the plan in default2022-02-01No
Were any leases to which the plan was party in default or uncollectible2022-02-01No
Assets. partnership/joint venture interests at end of year2022-02-01$94,610,611
Assets. partnership/joint venture interests at beginning of year2022-02-01$79,017,421
Investment advisory and management fees2022-02-01$2,856,594
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-02-01$26,303,581
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-02-01$30,024,106
Interest earned on other investments2022-02-01$18,359
Value of interest in common/collective trusts at end of year2022-02-01$222,107,442
Value of interest in common/collective trusts at beginning of year2022-02-01$272,867,264
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-02-01$8,596,583
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-02-01$6,970,827
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-02-01$6,970,827
Assets. Value of investments in 103.12 investment entities at end of year2022-02-01$120,251,498
Assets. Value of investments in 103.12 investment entities at beginning of year2022-02-01$26,920,944
Net investment gain or loss from common/collective trusts2022-02-01$13,973,712
Net gain/loss from 103.12 investment entities2022-02-01$7,173,497
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-02-01Yes
Was there a failure to transmit to the plan any participant contributions2022-02-01No
Has the plan failed to provide any benefit when due under the plan2022-02-01No
Income. Dividends from common stock2022-02-01$2,467,723
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-02-01$49,838,985
Asset. Corporate debt instrument debt (other) at end of year2022-02-01$28,960,787
Asset. Corporate debt instrument debt (other) at beginning of year2022-02-01$0
Contract administrator fees2022-02-01$517,286
Assets. Corporate common stocks other than exployer securities at end of year2022-02-01$98,463,896
Assets. Corporate common stocks other than exployer securities at beginning of year2022-02-01$207,759,299
Liabilities. Value of benefit claims payable at end of year2022-02-01$3,494,331
Liabilities. Value of benefit claims payable at beginning of year2022-02-01$7,366,947
Did the plan have assets held for investment2022-02-01Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-02-01No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-02-01No
Aggregate proceeds on sale of assets2022-02-01$36,645,805
Opinion of an independent qualified public accountant for this plan2022-02-01Unqualified
Accountancy firm name2022-02-01EISNERAMPER LLP
Accountancy firm EIN2022-02-01871363769
2021 : NATIONAL BASKETBALL ASSOCIATION PLAYERS' PENSION PLAN 2021 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2021-02-01$63,859,155
Total unrealized appreciation/depreciation of assets2021-02-01$63,859,155
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-02-01$8,775,211
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-02-01$5,777,154
Total income from all sources (including contributions)2021-02-01$163,313,747
Total loss/gain on sale of assets2021-02-01$9,345,969
Total of all expenses incurred2021-02-01$52,736,739
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-02-01$47,750,818
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-02-01$80,905,998
Value of total assets at end of year2021-02-01$631,647,455
Value of total assets at beginning of year2021-02-01$518,072,390
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-02-01$4,985,921
Total interest from all sources2021-02-01$-25,715
Total dividends received (eg from common stock, registered investment company shares)2021-02-01$2,853,662
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-02-01No
Administrative expenses professional fees incurred2021-02-01$1,978,569
Assets. Corporate prefeered stocks other than exployer securities at end of year2021-02-01$679,705
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2021-02-01$0
Was this plan covered by a fidelity bond2021-02-01Yes
Value of fidelity bond cover2021-02-01$10,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-02-01$0
Were there any nonexempt tranactions with any party-in-interest2021-02-01Yes
Amount of non-exempt transactions with any party-in-interest2021-02-01$1,591
Assets. Other investments not covered elsewhere at end of year2021-02-01$455,718
Assets. Other investments not covered elsewhere at beginning of year2021-02-01$94,259
Value of other receiveables (less allowance for doubtful accounts) at end of year2021-02-01$6,952,171
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2021-02-01$1,845,360
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2021-02-01$1,408,264
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2021-02-01$1,188,943
Other income not declared elsewhere2021-02-01$1,470,179
Administrative expenses (other) incurred2021-02-01$56,220
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-02-01No
Value of net income/loss2021-02-01$110,577,008
Value of net assets at end of year (total assets less liabilities)2021-02-01$622,872,244
Value of net assets at beginning of year (total assets less liabilities)2021-02-01$512,295,236
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-02-01No
Were any loans by the plan or fixed income obligations due to the plan in default2021-02-01No
Were any leases to which the plan was party in default or uncollectible2021-02-01No
Assets. partnership/joint venture interests at end of year2021-02-01$79,017,421
Assets. partnership/joint venture interests at beginning of year2021-02-01$71,791,979
Investment advisory and management fees2021-02-01$2,444,987
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-02-01$30,024,106
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-02-01$22,709,425
Interest earned on other investments2021-02-01$-25,715
Value of interest in common/collective trusts at end of year2021-02-01$272,867,264
Value of interest in common/collective trusts at beginning of year2021-02-01$217,431,565
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-02-01$6,970,827
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-02-01$8,533,451
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-02-01$8,533,451
Assets. Value of investments in 103.12 investment entities at end of year2021-02-01$26,920,944
Assets. Value of investments in 103.12 investment entities at beginning of year2021-02-01$24,168,773
Net investment gain or loss from common/collective trusts2021-02-01$4,888,753
Net gain/loss from 103.12 investment entities2021-02-01$15,746
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-02-01Yes
Was there a failure to transmit to the plan any participant contributions2021-02-01No
Has the plan failed to provide any benefit when due under the plan2021-02-01No
Contributions received in cash from employer2021-02-01$80,905,998
Income. Dividends from common stock2021-02-01$2,853,662
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-02-01$47,750,818
Contract administrator fees2021-02-01$506,145
Assets. Corporate common stocks other than exployer securities at end of year2021-02-01$207,759,299
Assets. Corporate common stocks other than exployer securities at beginning of year2021-02-01$171,497,578
Liabilities. Value of benefit claims payable at end of year2021-02-01$7,366,947
Liabilities. Value of benefit claims payable at beginning of year2021-02-01$4,588,211
Did the plan have assets held for investment2021-02-01Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-02-01No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-02-01No
Aggregate proceeds on sale of assets2021-02-01$9,345,969
Opinion of an independent qualified public accountant for this plan2021-02-01Unqualified
Accountancy firm name2021-02-01EISNERAMPER LLP
Accountancy firm EIN2021-02-01131639826
2020 : NATIONAL BASKETBALL ASSOCIATION PLAYERS' PENSION PLAN 2020 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2020-02-01$31,432,873
Unrealized appreciation/depreciation of other (non real estate) assets2020-02-01$31,432,873
Total unrealized appreciation/depreciation of assets2020-02-01$31,432,873
Total unrealized appreciation/depreciation of assets2020-02-01$31,432,873
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-02-01$5,777,154
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-02-01$5,777,154
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-02-01$3,067,059
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-02-01$3,067,059
Total income from all sources (including contributions)2020-02-01$144,898,770
Total income from all sources (including contributions)2020-02-01$144,898,770
Total loss/gain on sale of assets2020-02-01$15,118,750
Total loss/gain on sale of assets2020-02-01$15,118,750
Total of all expenses incurred2020-02-01$51,667,190
Total of all expenses incurred2020-02-01$51,667,190
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-02-01$46,851,176
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-02-01$46,851,176
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-02-01$88,745,903
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-02-01$88,745,903
Value of total assets at end of year2020-02-01$518,072,390
Value of total assets at beginning of year2020-02-01$422,130,715
Value of total assets at beginning of year2020-02-01$422,130,715
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-02-01$4,816,014
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-02-01$4,816,014
Total interest from all sources2020-02-01$240,462
Total interest from all sources2020-02-01$240,462
Total dividends received (eg from common stock, registered investment company shares)2020-02-01$2,292,770
Total dividends received (eg from common stock, registered investment company shares)2020-02-01$2,292,770
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-02-01No
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-02-01No
Administrative expenses professional fees incurred2020-02-01$2,172,689
Administrative expenses professional fees incurred2020-02-01$2,172,689
Was this plan covered by a fidelity bond2020-02-01Yes
Was this plan covered by a fidelity bond2020-02-01Yes
Value of fidelity bond cover2020-02-01$10,000,000
Value of fidelity bond cover2020-02-01$10,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-02-01$0
Were there any nonexempt tranactions with any party-in-interest2020-02-01No
Were there any nonexempt tranactions with any party-in-interest2020-02-01No
Assets. Other investments not covered elsewhere at end of year2020-02-01$94,259
Assets. Other investments not covered elsewhere at end of year2020-02-01$94,259
Assets. Other investments not covered elsewhere at beginning of year2020-02-01$60,086
Assets. Other investments not covered elsewhere at beginning of year2020-02-01$60,086
Value of other receiveables (less allowance for doubtful accounts) at end of year2020-02-01$1,845,360
Value of other receiveables (less allowance for doubtful accounts) at end of year2020-02-01$1,845,360
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2020-02-01$2,127,432
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2020-02-01$2,127,432
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2020-02-01$1,188,943
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2020-02-01$1,188,943
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2020-02-01$946,108
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2020-02-01$946,108
Other income not declared elsewhere2020-02-01$2,044,990
Other income not declared elsewhere2020-02-01$2,044,990
Administrative expenses (other) incurred2020-02-01$53,408
Administrative expenses (other) incurred2020-02-01$53,408
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-02-01No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-02-01No
Value of net income/loss2020-02-01$93,231,580
Value of net income/loss2020-02-01$93,231,580
Value of net assets at end of year (total assets less liabilities)2020-02-01$512,295,236
Value of net assets at end of year (total assets less liabilities)2020-02-01$512,295,236
Value of net assets at beginning of year (total assets less liabilities)2020-02-01$419,063,656
Value of net assets at beginning of year (total assets less liabilities)2020-02-01$419,063,656
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-02-01No
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-02-01No
Were any loans by the plan or fixed income obligations due to the plan in default2020-02-01No
Were any loans by the plan or fixed income obligations due to the plan in default2020-02-01No
Were any leases to which the plan was party in default or uncollectible2020-02-01No
Were any leases to which the plan was party in default or uncollectible2020-02-01No
Assets. partnership/joint venture interests at end of year2020-02-01$71,791,979
Assets. partnership/joint venture interests at end of year2020-02-01$71,791,979
Assets. partnership/joint venture interests at beginning of year2020-02-01$59,617,446
Assets. partnership/joint venture interests at beginning of year2020-02-01$59,617,446
Investment advisory and management fees2020-02-01$2,089,007
Investment advisory and management fees2020-02-01$2,089,007
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-02-01$22,709,425
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-02-01$22,709,425
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-02-01$16,378,753
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-02-01$16,378,753
Interest earned on other investments2020-02-01$240,462
Interest earned on other investments2020-02-01$240,462
Value of interest in common/collective trusts at end of year2020-02-01$217,431,565
Value of interest in common/collective trusts at end of year2020-02-01$217,431,565
Value of interest in common/collective trusts at beginning of year2020-02-01$174,771,041
Value of interest in common/collective trusts at beginning of year2020-02-01$174,771,041
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-02-01$8,533,451
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-02-01$8,533,451
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-02-01$4,064,464
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-02-01$4,064,464
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-02-01$4,064,464
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-02-01$4,064,464
Assets. Value of investments in 103.12 investment entities at end of year2020-02-01$24,168,773
Assets. Value of investments in 103.12 investment entities at end of year2020-02-01$24,168,773
Assets. Value of investments in 103.12 investment entities at beginning of year2020-02-01$23,338,964
Assets. Value of investments in 103.12 investment entities at beginning of year2020-02-01$23,338,964
Net investment gain or loss from common/collective trusts2020-02-01$5,012,594
Net investment gain or loss from common/collective trusts2020-02-01$5,012,594
Net gain/loss from 103.12 investment entities2020-02-01$10,428
Net gain/loss from 103.12 investment entities2020-02-01$10,428
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-02-01Yes
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-02-01Yes
Was there a failure to transmit to the plan any participant contributions2020-02-01No
Was there a failure to transmit to the plan any participant contributions2020-02-01No
Has the plan failed to provide any benefit when due under the plan2020-02-01No
Has the plan failed to provide any benefit when due under the plan2020-02-01No
Contributions received in cash from employer2020-02-01$88,745,903
Contributions received in cash from employer2020-02-01$88,745,903
Income. Dividends from common stock2020-02-01$2,292,770
Income. Dividends from common stock2020-02-01$2,292,770
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-02-01$46,851,176
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-02-01$46,851,176
Contract administrator fees2020-02-01$500,910
Contract administrator fees2020-02-01$500,910
Assets. Corporate common stocks other than exployer securities at end of year2020-02-01$171,497,578
Assets. Corporate common stocks other than exployer securities at end of year2020-02-01$171,497,578
Assets. Corporate common stocks other than exployer securities at beginning of year2020-02-01$141,772,529
Assets. Corporate common stocks other than exployer securities at beginning of year2020-02-01$141,772,529
Liabilities. Value of benefit claims payable at end of year2020-02-01$4,588,211
Liabilities. Value of benefit claims payable at end of year2020-02-01$4,588,211
Liabilities. Value of benefit claims payable at beginning of year2020-02-01$2,120,951
Liabilities. Value of benefit claims payable at beginning of year2020-02-01$2,120,951
Did the plan have assets held for investment2020-02-01Yes
Did the plan have assets held for investment2020-02-01Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-02-01No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-02-01No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-02-01No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-02-01No
Aggregate proceeds on sale of assets2020-02-01$15,118,750
Aggregate proceeds on sale of assets2020-02-01$15,118,750
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2020-02-01No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2020-02-01No
Opinion of an independent qualified public accountant for this plan2020-02-01Unqualified
Opinion of an independent qualified public accountant for this plan2020-02-01Unqualified
Accountancy firm name2020-02-01EISNERAMPER LLP
Accountancy firm name2020-02-01EISNERAMPER LLP
Accountancy firm EIN2020-02-01131639826
Accountancy firm EIN2020-02-01131639826
2019 : NATIONAL BASKETBALL ASSOCIATION PLAYERS' PENSION PLAN 2019 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2019-02-01$-36,101,744
Total unrealized appreciation/depreciation of assets2019-02-01$-36,101,744
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-02-01$3,067,059
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-02-01$5,005,808
Total income from all sources (including contributions)2019-02-01$52,175,047
Total loss/gain on sale of assets2019-02-01$7,039,045
Total of all expenses incurred2019-02-01$41,588,668
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-02-01$36,742,316
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-02-01$72,699,051
Value of total assets at end of year2019-02-01$422,130,715
Value of total assets at beginning of year2019-02-01$413,483,085
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-02-01$4,846,352
Total interest from all sources2019-02-01$135,363
Total dividends received (eg from common stock, registered investment company shares)2019-02-01$1,883,171
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-02-01No
Administrative expenses professional fees incurred2019-02-01$2,399,122
Was this plan covered by a fidelity bond2019-02-01Yes
Value of fidelity bond cover2019-02-01$10,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-02-01$0
Were there any nonexempt tranactions with any party-in-interest2019-02-01No
Assets. Other investments not covered elsewhere at end of year2019-02-01$60,086
Assets. Other investments not covered elsewhere at beginning of year2019-02-01$265,539
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-02-01$2,127,432
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-02-01$978,661
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2019-02-01$946,108
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2019-02-01$1,819,904
Other income not declared elsewhere2019-02-01$1,970,786
Administrative expenses (other) incurred2019-02-01$50,402
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-02-01No
Value of net income/loss2019-02-01$10,586,379
Value of net assets at end of year (total assets less liabilities)2019-02-01$419,063,656
Value of net assets at beginning of year (total assets less liabilities)2019-02-01$408,477,277
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-02-01No
Were any loans by the plan or fixed income obligations due to the plan in default2019-02-01No
Were any leases to which the plan was party in default or uncollectible2019-02-01No
Assets. partnership/joint venture interests at end of year2019-02-01$59,617,446
Assets. partnership/joint venture interests at beginning of year2019-02-01$50,903,746
Investment advisory and management fees2019-02-01$1,896,390
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-02-01$16,378,753
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-02-01$17,426,397
Interest earned on other investments2019-02-01$135,363
Value of interest in common/collective trusts at end of year2019-02-01$174,771,041
Value of interest in common/collective trusts at beginning of year2019-02-01$177,880,844
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-02-01$4,064,464
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-02-01$4,251,110
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-02-01$4,251,110
Assets. Value of investments in 103.12 investment entities at end of year2019-02-01$23,338,964
Assets. Value of investments in 103.12 investment entities at beginning of year2019-02-01$16,932,959
Net investment gain or loss from common/collective trusts2019-02-01$4,542,636
Net gain/loss from 103.12 investment entities2019-02-01$6,739
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-02-01Yes
Was there a failure to transmit to the plan any participant contributions2019-02-01No
Has the plan failed to provide any benefit when due under the plan2019-02-01No
Contributions received in cash from employer2019-02-01$72,699,051
Income. Dividends from common stock2019-02-01$1,883,171
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-02-01$36,742,316
Contract administrator fees2019-02-01$500,438
Assets. Corporate common stocks other than exployer securities at end of year2019-02-01$141,772,529
Assets. Corporate common stocks other than exployer securities at beginning of year2019-02-01$144,843,829
Liabilities. Value of benefit claims payable at end of year2019-02-01$2,120,951
Liabilities. Value of benefit claims payable at beginning of year2019-02-01$3,185,904
Did the plan have assets held for investment2019-02-01Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-02-01No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-02-01No
Aggregate proceeds on sale of assets2019-02-01$7,039,045
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-02-01No
Opinion of an independent qualified public accountant for this plan2019-02-01Unqualified
Accountancy firm name2019-02-01EISNERAMPER LLP
Accountancy firm EIN2019-02-01131639826
2018 : NATIONAL BASKETBALL ASSOCIATION PLAYERS' PENSION PLAN 2018 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2018-02-01$44,790,795
Total unrealized appreciation/depreciation of assets2018-02-01$44,790,795
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-02-01$5,005,808
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-02-01$4,287,120
Total income from all sources (including contributions)2018-02-01$105,814,927
Total loss/gain on sale of assets2018-02-01$11,707,258
Total of all expenses incurred2018-02-01$27,598,386
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-02-01$22,928,275
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-02-01$40,833,685
Value of total assets at end of year2018-02-01$413,483,085
Value of total assets at beginning of year2018-02-01$334,547,856
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-02-01$4,670,111
Total interest from all sources2018-02-01$33,553
Total dividends received (eg from common stock, registered investment company shares)2018-02-01$1,809,115
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-02-01No
Administrative expenses professional fees incurred2018-02-01$2,723,237
Was this plan covered by a fidelity bond2018-02-01Yes
Value of fidelity bond cover2018-02-01$10,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-02-01$0
Were there any nonexempt tranactions with any party-in-interest2018-02-01No
Assets. Other investments not covered elsewhere at end of year2018-02-01$265,539
Assets. Other investments not covered elsewhere at beginning of year2018-02-01$78,555
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-02-01$978,661
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-02-01$2,367,296
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2018-02-01$1,819,904
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2018-02-01$1,004,736
Other income not declared elsewhere2018-02-01$2,695,851
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-02-01No
Value of net income/loss2018-02-01$78,216,541
Value of net assets at end of year (total assets less liabilities)2018-02-01$408,477,277
Value of net assets at beginning of year (total assets less liabilities)2018-02-01$330,260,736
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-02-01No
Were any loans by the plan or fixed income obligations due to the plan in default2018-02-01No
Were any leases to which the plan was party in default or uncollectible2018-02-01No
Assets. partnership/joint venture interests at end of year2018-02-01$50,903,746
Assets. partnership/joint venture interests at beginning of year2018-02-01$47,812,994
Investment advisory and management fees2018-02-01$1,824,680
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-02-01$17,426,397
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-02-01$15,229,929
Interest earned on other investments2018-02-01$33,553
Value of interest in common/collective trusts at end of year2018-02-01$177,880,844
Value of interest in common/collective trusts at beginning of year2018-02-01$141,975,944
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2018-02-01$4,251,110
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2018-02-01$4,078,040
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2018-02-01$4,078,040
Assets. Value of investments in 103.12 investment entities at end of year2018-02-01$16,932,959
Assets. Value of investments in 103.12 investment entities at beginning of year2018-02-01$14,884,807
Net investment gain or loss from common/collective trusts2018-02-01$3,941,096
Net gain/loss from 103.12 investment entities2018-02-01$3,574
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-02-01Yes
Was there a failure to transmit to the plan any participant contributions2018-02-01No
Has the plan failed to provide any benefit when due under the plan2018-02-01No
Contributions received in cash from employer2018-02-01$40,833,685
Income. Dividends from common stock2018-02-01$1,809,115
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-02-01$22,928,275
Contract administrator fees2018-02-01$122,194
Assets. Corporate common stocks other than exployer securities at end of year2018-02-01$144,843,829
Assets. Corporate common stocks other than exployer securities at beginning of year2018-02-01$108,120,291
Liabilities. Value of benefit claims payable at end of year2018-02-01$3,185,904
Liabilities. Value of benefit claims payable at beginning of year2018-02-01$3,282,384
Did the plan have assets held for investment2018-02-01Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-02-01No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-02-01No
Aggregate proceeds on sale of assets2018-02-01$11,707,258
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-02-01No
Opinion of an independent qualified public accountant for this plan2018-02-01Unqualified
Accountancy firm name2018-02-01EISNERAMPER LLP
Accountancy firm EIN2018-02-01131639826

Form 5500 Responses for NATIONAL BASKETBALL ASSOCIATION PLAYERS' PENSION PLAN

2022: NATIONAL BASKETBALL ASSOCIATION PLAYERS' PENSION PLAN 2022 form 5500 responses
2022-02-02Type of plan entityMulti-employer plan
2022-02-02Submission has been amendedNo
2022-02-02This submission is the final filingNo
2022-02-02This return/report is a short plan year return/report (less than 12 months)No
2022-02-02Plan is a collectively bargained planYes
2022-02-02Plan funding arrangement – InsuranceYes
2022-02-02Plan funding arrangement – TrustYes
2022-02-02Plan benefit arrangement – InsuranceYes
2022-02-02Plan benefit arrangement - TrustYes
2021: NATIONAL BASKETBALL ASSOCIATION PLAYERS' PENSION PLAN 2021 form 5500 responses
2021-02-02Type of plan entityMulti-employer plan
2021-02-02Submission has been amendedNo
2021-02-02This submission is the final filingNo
2021-02-02This return/report is a short plan year return/report (less than 12 months)No
2021-02-02Plan is a collectively bargained planYes
2021-02-02Plan funding arrangement – InsuranceYes
2021-02-02Plan funding arrangement – TrustYes
2021-02-02Plan benefit arrangement – InsuranceYes
2021-02-02Plan benefit arrangement - TrustYes
2020: NATIONAL BASKETBALL ASSOCIATION PLAYERS' PENSION PLAN 2020 form 5500 responses
2020-02-02Type of plan entityMulti-employer plan
2020-02-02Submission has been amendedNo
2020-02-02This submission is the final filingNo
2020-02-02This return/report is a short plan year return/report (less than 12 months)No
2020-02-02Plan is a collectively bargained planYes
2020-02-02Plan funding arrangement – InsuranceYes
2020-02-02Plan funding arrangement – TrustYes
2020-02-02Plan benefit arrangement – InsuranceYes
2020-02-02Plan benefit arrangement - TrustYes
2019: NATIONAL BASKETBALL ASSOCIATION PLAYERS' PENSION PLAN 2019 form 5500 responses
2019-02-02Type of plan entityMulti-employer plan
2019-02-02Submission has been amendedNo
2019-02-02This submission is the final filingNo
2019-02-02This return/report is a short plan year return/report (less than 12 months)No
2019-02-02Plan is a collectively bargained planYes
2019-02-02Plan funding arrangement – InsuranceYes
2019-02-02Plan funding arrangement – TrustYes
2019-02-02Plan benefit arrangement – InsuranceYes
2019-02-02Plan benefit arrangement - TrustYes
2018: NATIONAL BASKETBALL ASSOCIATION PLAYERS' PENSION PLAN 2018 form 5500 responses
2018-02-02Type of plan entityMulti-employer plan
2018-02-02Submission has been amendedNo
2018-02-02This submission is the final filingNo
2018-02-02This return/report is a short plan year return/report (less than 12 months)No
2018-02-02Plan is a collectively bargained planYes
2018-02-02Plan funding arrangement – InsuranceYes
2018-02-02Plan funding arrangement – TrustYes
2018-02-02Plan benefit arrangement – InsuranceYes
2018-02-02Plan benefit arrangement - TrustYes
2017: NATIONAL BASKETBALL ASSOCIATION PLAYERS' PENSION PLAN 2017 form 5500 responses
2017-02-02Type of plan entityMulti-employer plan
2017-02-02Submission has been amendedNo
2017-02-02This submission is the final filingNo
2017-02-02This return/report is a short plan year return/report (less than 12 months)No
2017-02-02Plan is a collectively bargained planYes
2017-02-02Plan funding arrangement – InsuranceYes
2017-02-02Plan funding arrangement – TrustYes
2017-02-02Plan benefit arrangement – InsuranceYes
2017-02-02Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

PRUDENTIAL ANNUITIES SERVICE (National Association of Insurance Commissioners NAIC id number: 68241 )
Policy contract number004222
Policy instance 1
Insurance contract or identification number004222
Number of Individuals Covered1976
Insurance policy start date2022-02-02
Insurance policy end date2023-02-01
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRUDENTIAL ANNUITIES SERVICE (National Association of Insurance Commissioners NAIC id number: 68241 )
Policy contract number004222
Policy instance 1
Insurance contract or identification number004222
Number of Individuals Covered1943
Insurance policy start date2021-02-02
Insurance policy end date2022-02-01
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRUDENTIAL ANNUITIES SERVICE (National Association of Insurance Commissioners NAIC id number: 68241 )
Policy contract number004222
Policy instance 1
Insurance contract or identification number004222
Number of Individuals Covered1905
Insurance policy start date2020-02-02
Insurance policy end date2021-02-01
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRUDENTIAL ANNUITIES SERVICE (National Association of Insurance Commissioners NAIC id number: 68241 )
Policy contract number004222
Policy instance 1
Insurance contract or identification number004222
Number of Individuals Covered1874
Insurance policy start date2019-02-02
Insurance policy end date2020-02-01
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRUDENTIAL ANNUITIES SERVICE (National Association of Insurance Commissioners NAIC id number: 68241 )
Policy contract number004222
Policy instance 1
Insurance contract or identification number004222
Number of Individuals Covered1830
Insurance policy start date2018-02-02
Insurance policy end date2019-02-01
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRUDENTIAL ANNUITIES SERVICE (National Association of Insurance Commissioners NAIC id number: 68241 )
Policy contract number004222
Policy instance 1
Insurance contract or identification number004222
Number of Individuals Covered1796
Insurance policy start date2017-02-02
Insurance policy end date2018-02-01
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

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