Plan Ledger DOL Form 5500 · updated monthly

Great River Entertainment, LLC401(k)

GREAT RIVER ENTERTAINMENT, LLC 401(K) PROFIT SHARING PLAN · BURLINGTON, IA · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

Great River Entertainment, LLC reported $51,897 in plan administrative expenses for 2024: 0.55% of average plan assets, above the peer median. Employer contributions averaged $1,102 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 0.17% to 0.55%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Iowa (582nd of 878), and the 560th of 2,240 in accommodation & food services. In 2024, employees put in $1.48 for every $1.00 the employer contributed; active participation has grown from 244 to 455 since 2022.

Plan summary
Net assets, end of year$9,928,314
Participants with balances297
Active participants455
Employer contributions$501,404
Employee contributions$743,090
Employer contribution per active participant$1,102
Average account balance$33,429
Benefits paid to participants$1,384,941
Plan auditUnmodified (clean) audit opinion
AuditorFORGE FINANCIAL & MANAGMENT CONSULT
Plan history3
Yearassets · accounts · employer contribution
2024$9.9M · 297 accts · $501K emplr
2023$9.1M · 316 accts · $480K emplr
2022$7.6M · 263 accts · $371K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,208
Audit (IQPA)$18,689
Total administrative$51,897
The Great River Entertainment, LLC 401(k) match · 2024
Employer contribution per active participant$1,102
Median for plans this size$1,313
2024$1,102 per active participant
2023$1,751 per active participant
2022$1,520 per active participant

Great River Entertainment, 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 · 20242
FORGE FINANCIAL & MANAGMENT CONSULT · Accounting / audit$18,689

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$51,897 · 0.55%
2023$43,693 · 0.52%
2022$14,355 · 0.17%
Similar plansAccommodation & Food Services · Iowa
Palmer Companies, Inc. IA$19.2M · 0.00%
Pizza Ranch, Inc. IA$14.0M · 0.26%
Kinseth Hotel Corporation IA$11.3M · 0.52%
Peter Joseph, Inc. IA$4.9M · 0.02%
Boyer Restaurants, Inc. IA$4.0M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208412604 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.