Maryland › Arts, entertainment and recreation › 5,000 to 24,999 participants
Form 5500 statement · plan year 1 Apr 2024 to 31 Mar 2025
NFL Player Second Career Savings Plan
Sponsored by Savings Board of the NFL Player Second Career Savings Plan, Baltimore, MD
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
Savings Board of the NFL Player Second Career Savings Plan of Baltimore, Maryland sponsors NFL Player Second Career Savings Plan, a 401(k) plan. Its Form 5500 for the plan year ending 31 Mar 2025 shows 11,630 participants (2,825 active) and $4.08B in net assets. It is a multiemployer plan, maintained under collective bargaining agreements with more than one employer.
Net assets came to $351,071 per participant, well above the $64,499 median for defined contribution plans with 5,000 to 24,999 participants and well above the $37,341 median for defined contribution plans in arts, entertainment and recreation. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
The employer contributed $72.4M during the year, or $25,612 per active participant against a same-size median of $2,424; participants contributed $65.1M. Benefits paid out totalled $194M.
Schedule C lists 11 service provider organisations paid $5,000 or more, with reported compensation of $4.6M: $395 per participant, well above the same-size median of $53.38. Administrative expenses charged to the plan were $4.6M. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $952M in 2009 to $4.08B in 2024 (up 329%), and participants from 7,079 to 11,630 (up 64%).
The independent accountant's opinion on the financial statements was unmodified (unqualified).
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $351,071 | $64,499 | $37,341 | $53,102 |
| Employer contributions per active participant | $25,612 | $2,424 | $1,567 | $2,175 |
| Schedule C compensation per participant | $395 | $53.38 | $89.78 | $123 |
| Schedule C compensation, share of net assets | 0.11% | 0.09% | 0.27% | 0.26% |
| Administrative expenses per participant | $395 | $54.85 | $83.28 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 5,000 to 24,999 participants (2,605 plans), arts, entertainment and recreation (1,025) and all US plans (63,460). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 11,630 | $4.08B | $351,071 | $72.4M | $65.1M | $4.6M |
| 2023 | 11,102 | $3.95B | $355,776 | $64.3M | $62.3M | $4.4M |
| 2022 | 10,855 | $3.26B | $300,216 | $64.2M | $60.4M | $4.2M |
| 2021 | 10,539 | $3.49B | $330,937 | $62.7M | $63.7M | $4.1M |
| 2020 | 10,294 | $3.27B | $317,754 | $3.9M | $50.9M | $3.9M |
| 2019 | 9,828 | $2.19B | $222,698 | $53.4M | $46.1M | $4.2M |
| 2018 | 9,548 | $2.42B | $253,875 | $48.1M | $47.1M | $3.4M |
| 2017 | 9,247 | $2.30B | $248,984 | $48.0M | $42.7M | $3.3M |
| 2016 | 8,957 | $2.05B | $228,539 | $47.2M | $42.1M | $3.6M |
| 2015 | 8,571 | $1.77B | $206,907 | $47.7M | $43.3M | $3.8M |
| 2014 | 8,292 | $1.78B | $214,527 | $43.7M | $40.5M | $5.0M |
| 2013 | 7,707 | $1.61B | $209,007 | $42.7M | $36.0M | $3.9M |
| 2012 | 7,707 | $1.34B | $173,927 | $39.0M | $40.3M | $3.3M |
| 2011 | 7,373 | $1.16B | $157,971 | $30.2M | $44.9M | $2.7M |
| 2010 | 7,074 | $1.09B | $153,597 | $457K | $29.3M | $3.0M |
| 2009 | 7,079 | $952M | $134,451 | $36.7M | $34.3M | $2.7M |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$3,949,829,858
- Employer contributions$72,352,815
- Participant contributions$65,106,268
- Rollovers and other contributions—
- Total contributions$137,459,083
- Total income, including investment results$332,059,842
- Benefits paid$194,337,361
- Administrative expenses$4,598,410
- Total expenses$198,935,771
- Net income$133,124,071
- Net transfers$0
- Net assets, end of year$4,082,953,929
Participants
- Active participants2,825
- Retired or separated, receiving benefits13
- Retired or separated, entitled to future benefits8,770
- Participants with account balances11,584
- Total participants, end of year11,630
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Alight Holding Company, LLC | Recordkeeping and information management | $1,055,814 | $0 |
| B Bell/p Rozelle NFL Player Ret PL | Other services | $853,964 | $0 |
| Aon Consulting, Inc. | Actuarial; Consulting (general) | $797,419 | $0 |
| PFM Asset Management, LLC | Investment advisory (plan) | $487,620 | $0 |
| Groom Law Group, Chartered | Legal | $479,622 | $0 |
| The Bank of New York Mellon | Trustee (bank, trust company, or similar financial institution) | $366,489 | $0 |
| Consolidated Graphics, Inc. | Copying and duplicating | $254,132 | $0 |
| US Bancorp Asset Management, Inc. | Investment advisory (plan) | $209,237 | $0 |
| Cloudberry Creative, Inc. | Participant communication | $35,392 | $0 |
| Mitchell & Titus, LLP | Accounting (including auditing) | $31,686 | $0 |
| Capfinancial Partners, LLC | Investment advisory (plan) | $27,022 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Other administrative expenses$1,940,920
- Recordkeeping fees$1,055,814
- Investment advisory and management fees$723,879
- Legal fees$479,622
- Trustee and custodial fees$366,489
- IQPA audit fees$31,686
- Total administrative expenses$4,598,410
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Master trust investment accounts$4.08B · 100.0%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmMitchell & Titus, LLP
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $2,000,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
2EProfit-sharing plan2FERISA section 404(c) plan2GTotal participant-directed account plan2JCode section 401(k) feature2KCode section 401(m) arrangement2S401(k) plan or 403(b) plan that provides for automatic enrollment2TTotal or partial participant-directed account plan with a default investment account
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 711210: Spectator Sports (including sports clubs & racetracks).
Similar plans in Maryland
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| NFL Player Annuity Program | Annuity Board of the NFL Player Annuity Program | 7,789 | $1.96B | $251,275 |
| NFL Player Capital Accumulation Plan | Cap Board of the NFL Player Capital Accumulation Plan | 5,785 | $706M | $122,076 |
| Live Casino 401(k) Plan | Ppe Casino Resorts Maryland LLC | 4,886 | $80.6M | $16,500 |
| Major League Baseball Players Investment Plan | Pension Committee of MLB Players Benefit Plan | 4,675 | $1.16B | $247,366 |
| Baltimore Orioles Limited Partnership Profit Sharing & Savings Plan | Baltimore Orioles Limited Partnership | 1,651 | $46.9M | $28,426 |
| The Amenity Collective 401(k) Plan | American Pool Enterprises, Inc. | 1,521 | $27.5M | $18,101 |
Defined contribution plans in arts, entertainment and recreation closest in size.
Questions and answers
How big is NFL Player Second Career Savings Plan?
11,630 participants at the end of the plan year ending 31 Mar 2025, of whom 2,825 were active employees, with net assets of $4,082,953,929. Among defined contribution plans that places it in the 5,000 to 24,999 participants band, which held 2,605 plans in plan year 2024.
What does Savings Board of the NFL Player Second Career Savings Plan contribute per participant?
The filing reports $72,352,815 in employer contributions for the year, which is $25,612 per active participant; the median for plans of the same type and size was $2,424 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.
What fees does the plan pay and how do they compare?
Schedule C reports $4,598,397 in compensation to service provider organisations, $395 per participant or 0.11% of net assets. The same-size median among plans reporting any Schedule C compensation was $53.38 per participant. Administrative expenses on Schedule H were $4,598,410. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Savings Board of the NFL Player Second Career Savings Plan. Recordkeeping or administration: Alight Holding Company, LLC. Investment advisory or management: PFM Asset Management, LLC, US Bancorp Asset Management, Inc. and Capfinancial Partners, LLC. Trustee or custodian: The Bank of New York Mellon. The financial statements were audited by Mitchell & Titus, LLP. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Apr 2024 to 31 Mar 2025, received by the Department of Labor on 18 Dec 2025. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 52-1852902, plan 001, received 18 Dec 2025; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.