How big is Brooklyn NETS LLC's plan?

Brooklyn NETS LLC's plan reported $38.7M in assets and 481 participants for 2024.

Original filing (PDF)20251015090609NAL0008458482001

Brooklyn NETS LLC

Name: Brooklyn NETS LLC — Brooklyn Sports & Entertainment, Form 5500 (2024)
Creator: Brooklyn NETS LLC
License: https://www.usa.gov/government-works

Form 5500

FILING_RECEIVED

Brooklyn Sports & Entertainment 401(k) Plan

401(k) retirement plan · Brooklyn NETS LLC's Brooklyn Sports & Entertainment 401(k) Plan held $38.7M in plan assets for 481 participants in 2024, with Fidelity as recordkeeper.

Signals · 2

Late participant contributionsCorrective distributions issued

Active participants

481

Accounts w/ balance

740

Plan assets (EOY)

$38.7M

Net assets (EOY)

$38.7M

People on this filing

Josue NAPA signed Brooklyn NETS LLC's 2024 Form 5500 as plan administrator.

Josue NAPA — Plan Administrator — Form 5500 signer

Get verified email & phone for these signers

Signer names are public record from the Form 5500 e-signature.

Plan identifiers

Brooklyn NETS LLC's EIN is 22-2219916.

EIN 22-2219916

Plan number 001

Plan year 2024

ACK ID 20251015090609NAL0008458482001

Official Form 5500 document

Download the official 2024 Form 5500 (PDF) for Brooklyn NETS LLC from the U.S. Department of Labor's EFAST2 system.

Download the official 2024 Form 5500 (PDF)

Plan features

Brooklyn NETS LLC's plan includes profit-sharing, a 401(k) feature, a default investment (QDIA).

Decision-maker contacts

One unlock reveals every key decision-maker — plan signer, CFO, HR & Benefits — with verified email + LinkedIn for BROOKLYN NETS LLC.

Finding similar companies…

How this plan invests

This plan

1 pooled trust

Schedule D

35 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score

Above-average plan

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool.

Compliance & integrity

Total plan cost

Plan health

Vendor & structure

100

Knocking points off

Delinquent participant contributions reported (Schedule H 4a) — 0K (0% of contributions).
Corrective distributions issued (likely failed ADP/ACP testing).

Plan sponsor

Name

BROOKLYN NETS LLC

EIN

all filings

Address

168 39TH STREET, 7TH FLOOR · BROOKLYN, NY · 11232

Phone

(718) 942-9636

Industry

Arts, Entertainment, Recreation

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

001

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-10-15

Pension benefit codes

2A · Age/service weighted or new comparability

2E · Profit-sharing

2G · Total participant-directed accounts

2J · 401(k) feature

2K · 401(m) arrangement

2T · Default investment account (QDIA)

3D · Pre-approved plan (master / prototype / VS)

3H · Sponsor in controlled / affiliated group

Service providers (Schedule C)

2 rows

Recordkeeper

Name	EIN	Location	Relation	Direct comp	Indirect comp
FIDELITY INVESTMENTS INSTITUTIONAL	04-2647786	—	RECORDKEEPER	$66K	—

Advisor / Consultant

Name	EIN	Location	Relation	Direct comp	Indirect comp
KESTRA ADVISORY SERVICES LLC	35-2552359	—	INVESTMENT ADVISORY-PLAN	$79K	—

Investments

35 direct securities · 1 pooled fund· $38.6M(100% of reported assets)

Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.

Mutual Funds

$27.9M

18 holdings

Common Collective Trusts

$7.0M

10 holdings

Other securities

$2.9M

6 holdings

Common Collective Trust

$505K

1 holding

Bonds / Notes

$285K

1 holding

					% of plan
Fidelity Freedom Index 2050 Fund Investor Class Mutual Fund	Mutual Funds	—	$5.3M	$5.3M	13.7%
Fidelity Freedom Index 2055 Fund Mutual Fund	Mutual Funds	—	$5.1M	$5.1M	13.2%
Fidelity Freedom Index 2035 Fund Investor Class Mutual Fund	Mutual Funds	—	$5.1M	$5.1M	13.1%
Fidelity 500 Index Fund Mutual Fund	Common Collective Trusts	—	$4.4M	$4.4M	11.4%
Fidelity Freedom ® Index 2060 Fund Investor Class Mutual Fund	Mutual Funds	—	$3.5M	$3.5M	9.1%
Fidelity Freedom Index 2045 Fund Investor Class Mutual Fund	Mutual Funds	—	$3.0M	$3.0M	7.8%
Fidelity Freedom Index Income Fund Mutual Fund	Mutual Funds	—	$1.4M	$1.4M	3.6%
Fidelity Freedom ® Index 2065 Fund Investor Class Mutual Fund	Mutual Funds	—	$1.3M	$1.3M	3.4%
JPMorgan Large Cap Growth Fund Class R5 Mutual Fund	Other securities	—	$1.3M	$1.3M	3.4%
Fidelity Freedom Index 2040 Fund Investor Class Mutual Fund	Mutual Funds	—	$1.1M	$1.1M	2.8%
The Hartford Dividend and Growth Fund Class R6 Mutual Fund	Other securities	—	$756K	$756K	2.0%
Fidelity Global ex U.S. Index Fund Mutual Fund	Common Collective Trusts	—	$639K	$639K	1.7%
Fidelity Mid Cap Index Fund Mutual Fund	Common Collective Trusts	—	$588K	$588K	1.5%
Fidelity Freedom Index 2025 Fund Investor Class Mutual Fund	Mutual Funds	—	$582K	$582K	1.5%
PGIM Total Return Bond Fund -Class R6 Mutual Fund	Other securities	—	$513K	$513K	1.3%
METLIFE STABLE VALUE SOLUTIONS II GREAT GRAY TRUST COMPANY, LLC · EIN 81-3301561 / PN 505	Common Collective Trust	—	$505K	$505K	1.3%
American Funds New Perspective Fund® Class R-6 Mutual Fund	Mutual Funds	—	$452K	$452K	1.2%
Vanguard Small Cap Value Index Fund Admiral Shares Mutual Fund	Common Collective Trusts	—	$303K	$303K	0.8%
Notes receivable from participants Varying Maturity dates from 2025 through 2054 with interest rate of 4.25 % to 9.50%	Bonds / Notes	—	—	$285K	0.7%
Fidelity Freedom Index 2015 Fund Investor Class Mutual Fund ** 635 * Fidelity Freedom Index 2020 Fund Investor Class Mutual Fund	Mutual Funds	—	$244K	$244K	0.6%
Janus Henderson Overseas Fund Class N Mutual Fund	Mutual Funds	—	$218K	$218K	0.6%
Fidelity Large Cap Growth Index Fund Mutual Fund	Common Collective Trusts	—	$206K	$206K	0.5%
Fidelity Real Estate Index Fund Mutual Fund	Common Collective Trusts	—	$206K	$206K	0.5%
Vanguard Small Cap Growth Index Fund Admiral Shares Mutual Fund	Common Collective Trusts	—	$189K	$189K	0.5%
Fidelity Freedom Index 2030 Fund Investor Class Mutual Fund	Mutual Funds	—	$181K	$181K	0.5%
American Century Mid Cap Value Fund R6 Class Mutual Fund	Other securities	—	$179K	$179K	0.5%
Fidelity Inflation-Protected Bond Index Fund Mutual Fund	Common Collective Trusts	—	$174K	$174K	0.5%
American Funds American Balanced Fund® Class R-6 Mutual Fund	Mutual Funds	—	$167K	$167K	0.4%
Vanguard Small Cap Index Fund Admiral Shares Mutual Fund	Common Collective Trusts	—	$155K	$155K	0.4%
Fidelity Mid Cap Value Index Fund Mutual Fund	Common Collective Trusts	—	$138K	$138K	0.4%
Janus Henderson Enterprise Fund Class N Mutual Fund	Mutual Funds	—	$136K	$136K	0.4%
PGIM Global Total Return Fund R6 Mutual Fund	Other securities	—	$104K	$104K	0.3%
Lord Abbett High Yield Fund Class R6 Mutual Fund	Mutual Funds	—	$98K	$98K	0.3%
Columbia Strategic Income Fund Institutional 3 Class Mutual Fund	Other securities	—	$51K	$51K	0.1%
Fidelity Select Utilities Portfolio Mutual Fund	Mutual Funds	—	$36K	$36K	<0.1%
Fidelity Government Money Market Fund Mutual Fund	Mutual Funds	—	$34K	$34K	<0.1%