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NATIONAL BASKETBALL PLAYERS ASSOCIATION STAFF 401K SAVINGS PLAN 401k Plan overview

Plan NameNATIONAL BASKETBALL PLAYERS ASSOCIATION STAFF 401K SAVINGS PLAN
Plan identification number 001

NATIONAL BASKETBALL PLAYERS ASSOCIATION STAFF 401K SAVINGS PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • 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 contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

NATIONAL BASKETBALL PLAYERS ASSOCIATION has sponsored the creation of one or more 401k plans.

Company Name:NATIONAL BASKETBALL PLAYERS ASSOCIATION
Employer identification number (EIN):237038813
NAIC Classification:813930
NAIC Description:Labor Unions and Similar Labor Organizations

Additional information about NATIONAL BASKETBALL PLAYERS ASSOCIATION

Jurisdiction of Incorporation: Texas Secretary of State
Incorporation Date: 2006-03-31
Company Identification Number: 0800636404
Legal Registered Office Address: 1133 AVENUE OF THE AMERICAS FL 5

NEW YORK
United States of America (USA)
10036

More information about NATIONAL BASKETBALL PLAYERS ASSOCIATION

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NATIONAL BASKETBALL PLAYERS ASSOCIATION STAFF 401K SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01GARY ARRICK2023-10-04 GARY ARRICK2023-10-04
0012021-01-01GARY ARRICK2022-10-09 GARY ARRICK2022-10-09
0012020-01-01GARY ARRICK2021-09-30
0012019-01-01GARY ARRICK2020-09-01 GARY ARRICK2020-09-01
0012018-01-01GARY M ARRICK2019-09-20 GARY M ARRICK2019-09-20
0012017-01-01GARY M ARRICK2018-10-10 GARY M ARRICK2018-10-10
0012016-01-01RON KLEMPNER2017-10-13
0012015-01-01GARY ARRICK GARY ARRICK2016-10-14
0012015-01-01GARY ARRICK
0012014-01-01GARY ARRICK
0012013-01-01THERESA CLARK MESSER THERESA CLARK MESSER2014-09-30
0012012-01-01THERESA CLARK MESSER THERESA CLARK MESSER2013-07-30
0012011-01-01THERESA CLARK MESSER
0012010-01-01THERESA CLARK MESSER
0012009-01-01THERESA MESSER

Plan Statistics for NATIONAL BASKETBALL PLAYERS ASSOCIATION STAFF 401K SAVINGS PLAN

401k plan membership statisitcs for NATIONAL BASKETBALL PLAYERS ASSOCIATION STAFF 401K SAVINGS PLAN

Measure Date Value
2015: NATIONAL BASKETBALL PLAYERS ASSOCIATION STAFF 401K SAVINGS PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0133
Total number of active participants reported on line 7a of the Form 55002015-01-0139
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-0113
Total of all active and inactive participants2015-01-0152
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0152
Number of participants with account balances2015-01-0152
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: NATIONAL BASKETBALL PLAYERS ASSOCIATION STAFF 401K SAVINGS PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0131
Total number of active participants reported on line 7a of the Form 55002014-01-0127
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-016
Total of all active and inactive participants2014-01-0133
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0133
Number of participants with account balances2014-01-0133
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: NATIONAL BASKETBALL PLAYERS ASSOCIATION STAFF 401K SAVINGS PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0132
Total number of active participants reported on line 7a of the Form 55002013-01-0125
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-016
Total of all active and inactive participants2013-01-0131
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-0131
Number of participants with account balances2013-01-0131
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: NATIONAL BASKETBALL PLAYERS ASSOCIATION STAFF 401K SAVINGS PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0134
Total number of active participants reported on line 7a of the Form 55002012-01-0130
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-012
Total of all active and inactive participants2012-01-0132
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0132
Number of participants with account balances2012-01-0132
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: NATIONAL BASKETBALL PLAYERS ASSOCIATION STAFF 401K SAVINGS PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0131
Total number of active participants reported on line 7a of the Form 55002011-01-0130
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-014
Total of all active and inactive participants2011-01-0134
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0134
Number of participants with account balances2011-01-0133
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2010: NATIONAL BASKETBALL PLAYERS ASSOCIATION STAFF 401K SAVINGS PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-0134
Total number of active participants reported on line 7a of the Form 55002010-01-0129
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-012
Total of all active and inactive participants2010-01-0131
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-0131
Number of participants with account balances2010-01-0131
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-010
2009: NATIONAL BASKETBALL PLAYERS ASSOCIATION STAFF 401K SAVINGS PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0132
Total number of active participants reported on line 7a of the Form 55002009-01-0134
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-010
Total of all active and inactive participants2009-01-0134
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0134
Number of participants with account balances2009-01-0128
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on NATIONAL BASKETBALL PLAYERS ASSOCIATION STAFF 401K SAVINGS PLAN

Measure Date Value
2015 : NATIONAL BASKETBALL PLAYERS ASSOCIATION STAFF 401K SAVINGS PLAN 2015 401k financial data
Total income from all sources2015-12-31$721,750
Expenses. Total of all expenses incurred2015-12-31$481,517
Benefits paid (including direct rollovers)2015-12-31$481,262
Total plan assets at end of year2015-12-31$4,225,994
Total plan assets at beginning of year2015-12-31$3,985,761
Value of fidelity bond covering the plan2015-12-31$2,000,000
Total contributions received or receivable from participants2015-12-31$336,166
Contributions received from other sources (not participants or employers)2015-12-31$162,010
Other income received2015-12-31$50,274
Net income (gross income less expenses)2015-12-31$240,233
Net plan assets at end of year (total assets less liabilities)2015-12-31$4,225,994
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$3,985,761
Assets. Value of participant loans2015-12-31$57,577
Total contributions received or receivable from employer(s)2015-12-31$173,300
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$255
2014 : NATIONAL BASKETBALL PLAYERS ASSOCIATION STAFF 401K SAVINGS PLAN 2014 401k financial data
Total income from all sources2014-12-31$546,236
Expenses. Total of all expenses incurred2014-12-31$87,472
Benefits paid (including direct rollovers)2014-12-31$87,217
Total plan assets at end of year2014-12-31$3,985,761
Total plan assets at beginning of year2014-12-31$3,526,997
Value of fidelity bond covering the plan2014-12-31$2,000,000
Total contributions received or receivable from participants2014-12-31$176,271
Other income received2014-12-31$285,490
Net income (gross income less expenses)2014-12-31$458,764
Net plan assets at end of year (total assets less liabilities)2014-12-31$3,985,761
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$3,526,997
Assets. Value of participant loans2014-12-31$65,865
Total contributions received or receivable from employer(s)2014-12-31$84,475
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$255
2013 : NATIONAL BASKETBALL PLAYERS ASSOCIATION STAFF 401K SAVINGS PLAN 2013 401k financial data
Total income from all sources2013-12-31$816,563
Expenses. Total of all expenses incurred2013-12-31$84,167
Benefits paid (including direct rollovers)2013-12-31$83,777
Total plan assets at end of year2013-12-31$3,526,997
Total plan assets at beginning of year2013-12-31$2,794,601
Value of fidelity bond covering the plan2013-12-31$2,000,000
Total contributions received or receivable from participants2013-12-31$164,333
Other income received2013-12-31$572,523
Net income (gross income less expenses)2013-12-31$732,396
Net plan assets at end of year (total assets less liabilities)2013-12-31$3,526,997
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$2,794,601
Assets. Value of participant loans2013-12-31$59,429
Total contributions received or receivable from employer(s)2013-12-31$79,707
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$390
2012 : NATIONAL BASKETBALL PLAYERS ASSOCIATION STAFF 401K SAVINGS PLAN 2012 401k financial data
Total income from all sources2012-12-31$603,579
Expenses. Total of all expenses incurred2012-12-31$32,424
Benefits paid (including direct rollovers)2012-12-31$32,098
Total plan assets at end of year2012-12-31$2,794,601
Total plan assets at beginning of year2012-12-31$2,223,446
Value of fidelity bond covering the plan2012-12-31$2,000,000
Total contributions received or receivable from participants2012-12-31$210,316
Other income received2012-12-31$287,520
Net income (gross income less expenses)2012-12-31$571,155
Net plan assets at end of year (total assets less liabilities)2012-12-31$2,794,601
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$2,223,446
Assets. Value of participant loans2012-12-31$71,633
Total contributions received or receivable from employer(s)2012-12-31$105,743
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$326
2011 : NATIONAL BASKETBALL PLAYERS ASSOCIATION STAFF 401K SAVINGS PLAN 2011 401k financial data
Total income from all sources2011-12-31$322,318
Expenses. Total of all expenses incurred2011-12-31$215,625
Benefits paid (including direct rollovers)2011-12-31$215,405
Total plan assets at end of year2011-12-31$2,223,446
Total plan assets at beginning of year2011-12-31$2,116,753
Value of fidelity bond covering the plan2011-12-31$2,000,000
Total contributions received or receivable from participants2011-12-31$213,842
Contributions received from other sources (not participants or employers)2011-12-31$8,815
Other income received2011-12-31$-8,569
Net income (gross income less expenses)2011-12-31$106,693
Net plan assets at end of year (total assets less liabilities)2011-12-31$2,223,446
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$2,116,753
Assets. Value of participant loans2011-12-31$50,602
Total contributions received or receivable from employer(s)2011-12-31$108,230
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$220
2010 : NATIONAL BASKETBALL PLAYERS ASSOCIATION STAFF 401K SAVINGS PLAN 2010 401k financial data
Total income from all sources2010-12-31$505,817
Expenses. Total of all expenses incurred2010-12-31$12,600
Benefits paid (including direct rollovers)2010-12-31$12,295
Total plan assets at end of year2010-12-31$2,116,753
Total plan assets at beginning of year2010-12-31$1,623,536
Value of fidelity bond covering the plan2010-12-31$2,000,000
Total contributions received or receivable from participants2010-12-31$202,188
Expenses. Other expenses not covered elsewhere2010-12-31$305
Other income received2010-12-31$209,489
Net income (gross income less expenses)2010-12-31$493,217
Net plan assets at end of year (total assets less liabilities)2010-12-31$2,116,753
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$1,623,536
Assets. Value of participant loans2010-12-31$43,830
Total contributions received or receivable from employer(s)2010-12-31$94,140

Form 5500 Responses for NATIONAL BASKETBALL PLAYERS ASSOCIATION STAFF 401K SAVINGS PLAN

2015: NATIONAL BASKETBALL PLAYERS ASSOCIATION STAFF 401K SAVINGS PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedYes
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: NATIONAL BASKETBALL PLAYERS ASSOCIATION STAFF 401K SAVINGS PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: NATIONAL BASKETBALL PLAYERS ASSOCIATION STAFF 401K SAVINGS PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: NATIONAL BASKETBALL PLAYERS ASSOCIATION STAFF 401K SAVINGS PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: NATIONAL BASKETBALL PLAYERS ASSOCIATION STAFF 401K SAVINGS PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: NATIONAL BASKETBALL PLAYERS ASSOCIATION STAFF 401K SAVINGS PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: NATIONAL BASKETBALL PLAYERS ASSOCIATION STAFF 401K SAVINGS PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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