Tampa Bay Rays Baseball LTD. 401(k) Review & Grade
Tampa Bay Rays 401k Plan
ST Petersburg, FLArts, Entertainment & Recreation537 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$5,718Employer $ per active participant
$7,254Employee $ saved per active participant
0.15%Direct admin cost, % of plan assets
$60.8MNet plan assets, end of year
$94,501Average balance per account
Score breakdown
- Employer generosity48.7 / 5097th percentile for employer $ per participant
- Low cost15.7 / 2563th percentile for low admin cost vs. same-size plans
- Employee saving13.8 / 1592th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score88 / 100 · Grade A
This plan vs. peers
Peers: Arts, Entertainment & Recreation plans with 500–2,499 active participants (225 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 97th |
| Lower admin cost | 63th |
| Employee saving | 92th |
| Peers that auto-enroll | 38% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Tampa Bay Rays Baseball put in about $5,718 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.
- 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 | $3,070,525 |
| Participant (employee) contributions | $3,895,632 |
| Other contributions (incl. rollovers in) | $395,134 |
| Administrative expenses paid from the plan | $84,401 |
| Contract administrator fees | $8,368 |
| Investment advisory & management fees | $46,413 |
| Benefits paid out | $2,910,476 |
| Net assets, start / end of year | $50.5M / $60.8M |
| Active participants, start / end of year | 486 / 588 |
| Participants with account balances | 643 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Cbiz Cpas P.C. |
Largest service providers (Schedule C)
| Sageview Advisory Group LLC | $46,413 reported compensation |
| Empower Annuity Insurance Company O | $37,988 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250717114139NAL0000318674001, received 2025-07-17, EIN 59-3300424, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.