Pacers Basketball, LLC 401(k) Review & Grade
Pacers Basketball, LLC Retirement Savings Plan
Indianapolis, INArts, Entertainment & Recreation1,205 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,504Employer $ per active participant
$2,860Employee $ saved per active participant
0.10%Direct admin cost, % of plan assets
$59.5MNet plan assets, end of year
$52,694Average balance per account
Score breakdown
- Employer generosity34.2 / 5068th percentile for employer $ per participant
- Low cost18.7 / 2575th percentile for low admin cost vs. same-size plans
- Employee saving9.2 / 1561th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score62 / 100 · Grade B
This plan vs. peers
Peers: Arts, Entertainment & Recreation plans with 500–2,499 active participants (225 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 68th |
| Lower admin cost | 75th |
| Employee saving | 61th |
| Peers that auto-enroll | 38% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($115,692 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- Pacers Basketball put in about $1,504 per active participant, more than the typical peer ($995). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $1,812,400 |
| Participant (employee) contributions | $3,446,433 |
| Other contributions (incl. rollovers in) | $132,193 |
| Administrative expenses paid from the plan | $52,815 |
| Contract administrator fees | $52,809 |
| Investment advisory & management fees | $6 |
| Benefits paid out | $2,878,426 |
| Net assets, start / end of year | $49.9M / $59.5M |
| Active participants, start / end of year | 1,224 / 1,186 |
| Participants with account balances | 1,130 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Katz, Sapper & Miller, LLP |
Largest service providers (Schedule C)
| Oneamerica Retirement Services LLC | $52,809 reported compensation |
| Principal Life Insurance Company | $0 reported compensation |
| Matrix Trust Company | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260810135525NAL0007014067001, received 2026-08-10, EIN 35-1563785, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.