Plan Ledger DOL Form 5500 · updated monthly

American Racing & Entertainment, LLC401(k)

AMERICAN RACING & ENTERTAINMENT, LLC 401(K) PLAN · NICHOLS, NY · plan year 2024

Reported admin expense ratio · 2024
0.21%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

American Racing & Entertainment, LLC reported $26,736 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $690 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.06% to 0.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in New York (3,149th of 5,648), and the 564th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $2.03 for every $1.00 the employer contributed; active participation has grown from 628 to 722 since 2022.

Plan summary
Net assets, end of year$13,421,653
Participants with balances339
Active participants722
Employer contributions$498,364
Employee contributions$1,012,633
Employer contribution per active participant$690
Average account balance$39,592
Benefits paid to participants$2,440,420
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.4M · 339 accts · $498K emplr
2023$12.6M · 339 accts · $453K emplr
2022$10.6M · 341 accts · $417K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,899
Investment management$2,837
Total administrative$26,736
The American Racing & Entertainment, LLC 401(k) match · 2024
Employer contribution per active participant$690
Median for plans this size$2,416
2024$690 per active participant
2023$683 per active participant
2022$664 per active participant

American Racing & Entertainment, LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
CAPITAL GROUP RETIREMENT PLAN SVCS · Recordkeeping · Loan processing$2,837
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$23,899

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$26,736 · 0.21%
2023$7,882 · 0.07%
2022$6,925 · 0.06%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 203549507 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.