Plan Ledger DOL Form 5500 · updated monthly

Churchill Downs Incorporated401(k)

CHURCHILL DOWNS INCORPORATED 401(K) RETIREMENT PLAN · LOUISVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Churchill Downs Incorporated reported $224,470 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $743 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 fell from 0.23% to 0.12%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 36th-largest of 871 plans among Kentucky employers on file, and the 49th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $2.02 for every $1.00 the employer contributed; active participation has grown from 5,332 to 9,488 since 2022.

Plan summary
Net assets, end of year$209,821,882
Participants with balances3,694
Active participants9,488
Employer contributions$7,048,572
Employee contributions$14,247,700
Employer contribution per active participant$743
Average account balance$56,801
Benefits paid to participants$14,119,590
Plan auditUnmodified (clean) audit opinion
AuditorDEAN DORTON
Plan history3
Yearassets · accounts · employer contribution
2024$209.8M · 3,694 accts · $7.0M emplr
2023$171.6M · 3,520 accts · $5.1M emplr
2022$138.5M · 3,161 accts · $4.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$198,226
Investment management$12,494
Total administrative$224,470
The Churchill Downs Incorporated 401(k) match · 2024
Employer contribution per active participant$743
Median for plans this size$3,635
2024$743 per active participant
2023$687 per active participant
2022$880 per active participant

Churchill Downs Incorporated's 2024 employer contribution ran below the $3,635 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$198,226
GLOBABL RETIREMENT PARTNERS, LLC · Investment advisory (plan)$13,750
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$12,494

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$224,470 · 0.12%
2023$224,317 · 0.14%
2022$345,047 · 0.23%
Same employer
Similar plansArts, Entertainment & Recreation · Kentucky
Tulalip Tribes of Washington WA$231.4M · 0.15%
Cinemark USA, Inc. TX$215.1M · 0.14%
The Art Institute of Chicago IL$211.0M · 0.14%
Museum of Fine Arts MA$208.0M · 0.04%
Dk Crown Holdings, Inc. MA$189.0M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610156015 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.