Plan Ledger DOL Form 5500 · updated monthly

Everi Payments Inc.401(k)

EVERI HOLDINGS INC. 401(K) PLAN · LAS VEGAS, NV · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Everi Payments Inc. reported $270,101 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $3,485 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 0.24% to 0.17%. 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 20th-largest of 437 plans among Nevada employers on file, and the 63rd of 1,311 in arts, entertainment & recreation. In 2024, employees put in $2.47 for every $1.00 the employer contributed; active participation has grown from 1,648 to 1,824 since 2022.

Plan summary
Net assets, end of year$172,899,061
Participants with balances2,184
Active participants1,824
Employer contributions$6,355,997
Employee contributions$15,712,376
Employer contribution per active participant$3,485
Average account balance$79,166
Benefits paid to participants$14,108,896
Plan auditUnmodified (clean) audit opinion
AuditorHOLDSWORTH, RUSSO & COMPANY, P.C
Plan history3
Yearassets · accounts · employer contribution
2024$172.9M · 2,184 accts · $6.4M emplr
2023$141.7M · 2,178 accts · $5.9M emplr
2022$106.4M · 1,980 accts · $4.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$190,868
Investment management$38,000
Total administrative$270,101
The Everi Payments Inc. 401(k) match · 2024
Employer contribution per active participant$3,485
Median for plans this size$3,635
2024$3,485 per active participant
2023$3,305 per active participant
2022$2,702 per active participant

Everi Payments 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 · 20243
SAGEVIEW ADVISORY GROUP LLC · Investment advisory (plan)$38,000

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$270,101 · 0.17%
2023$219,385 · 0.18%
2022$260,060 · 0.24%
Same employer
Similar plansArts, Entertainment & Recreation · Nevada
Wynn Resorts, Limited NV$509.4M · 0.18%
Light & Wonder, Inc. NV$501.1M · 0.08%
Raiders Football Club, LLC NV$47.6M · 0.02%
Zuffa LLC NV$43.5M · 0.15%
Treasure Island, LLC NV$29.3M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943309549 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.