Plan Ledger DOL Form 5500 · updated monthly

Dk Crown Holdings, Inc.401(k)

DRAFTKINGS 401(K) PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Dk Crown Holdings, Inc. reported $392,753 in plan administrative expenses for 2024: 0.24% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,806 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 0.21% to 0.24%. 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 269th-largest of 2,726 plans among Massachusetts employers on file, and the 53rd of 1,311 in arts, entertainment & recreation. In 2024, employees put in $3.04 for every $1.00 the employer contributed; active participation has grown from 2,721 to 3,403 since 2022.

Plan summary
Net assets, end of year$189,042,978
Participants with balances3,500
Active participants3,403
Employer contributions$9,549,677
Employee contributions$29,010,078
Employer contribution per active participant$2,806
Average account balance$54,012
Benefits paid to participants$9,394,311
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$189.0M · 3,500 accts · $9.5M emplr
2023$133.8M · 3,980 accts · $8.1M emplr
2022$82.8M · 3,341 accts · $6.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$392,753
Total administrative$392,753
The Dk Crown Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$2,806
Median for plans this size$3,635
2024$2,806 per active participant
2023$2,651 per active participant
2022$2,362 per active participant

Dk Crown Holdings, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size. 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 · 20241
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$392,753

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$392,753 · 0.24%
2023$260,091 · 0.24%
2022$164,819 · 0.21%
Same employer
Similar plansArts, Entertainment & Recreation · Massachusetts
Churchill Downs Incorporated KY$209.8M · 0.12%
Museum of Fine Arts MA$208.0M · 0.04%
Pci Gaming Authority AL$184.2M · 0.39%
Aspen Skiing Company CO$182.1M · 0.01%
Equinox Holdings, Inc. NY$181.8M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463584674 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.