Plan Ledger DOL Form 5500 · updated monthly

Firekeepers Development Authority401(k)

FIREKEEPERS CASINO HOTEL 401(K) PLAN · BATTLE CREEK, MI · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

Firekeepers Development Authority reported $288,775 in plan administrative expenses for 2024: 0.54% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,254 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 3 years on file its reported administrative ratio has held roughly steady near 0.54%. 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 466th-largest of 2,619 plans among Michigan employers on file, and the 173rd of 1,311 in arts, entertainment & recreation. In 2024, employees put in $2.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$57,776,660
Participants with balances2,953
Active participants1,954
Employer contributions$2,449,588
Employee contributions$5,226,671
Employer contribution per active participant$1,254
Average account balance$19,565
Benefits paid to participants$5,280,689
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$57.8M · 2,953 accts · $2.4M emplr
2023$49.3M · 2,605 accts · $2.3M emplr
2022$40.0M · 2,528 accts · $2.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$183,382
Investment management$35,373
Total administrative$288,775
The Firekeepers Development Authority 401(k) match · 2024
Employer contribution per active participant$1,254
Median for plans this size$3,635
2024$1,254 per active participant
2023$1,143 per active participant
2022$1,098 per active participant

Firekeepers Development Authority'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 · 20241

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$288,775 · 0.54%
2023$239,395 · 0.54%
2022$231,860 · 0.56%
Same employer
Similar plansArts, Entertainment & Recreation · Michigan
The Detroit Lions, Inc. MI$34.9M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352296536 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.