Plan Ledger DOL Form 5500 · updated monthly

Fremont Street Experience, LLC401(k)

FSELLC EMPLOYEES 401(K) PLAN · LAS VEGAS, NV · plan year 2024

Reported admin expense ratio · 2024
1.82%

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

Fremont Street Experience, LLC reported $53,953 in plan administrative expenses for 2024: 1.82% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,283 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 1.69% to 1.82%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in Nevada (320th of 437), and 1,041st of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.59 for every $1.00 the employer contributed; active participation has grown from 208 to 248 since 2022.

Plan summary
Net assets, end of year$3,383,198
Participants with balances282
Active participants248
Employer contributions$318,293
Employee contributions$504,929
Employer contribution per active participant$1,283
Average account balance$11,997
Benefits paid to participants$288,939
Plan auditUnmodified (clean) audit opinion
AuditorVALEZ & HARDY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$3.4M · 282 accts · $318K emplr
2023$2.5M · 273 accts · $247K emplr
2022$2.1M · 254 accts · $223K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,953
Total administrative$53,953
The Fremont Street Experience, LLC 401(k) match · 2024
Employer contribution per active participant$1,283
Median for plans this size$1,313
2024$1,283 per active participant
2023$1,044 per active participant
2022$1,071 per active participant

Fremont Street Experience, LLC's 2024 employer contribution ran below the $1,313 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$53,953
LPL FINANCIAL LLC · Other servicesindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$53,953 · 1.82%
2023$43,251 · 1.85%
2022$37,688 · 1.69%
Same employer
Similar plansArts, Entertainment & Recreation · Nevada
Las Vegas Athletic Clubs NV$8.2M · 0.07%
Jerry's Nugget NV$1.6M · 1.14%
Ellis Island NV$1.4M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 880307629 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.