Plan Ledger DOL Form 5500 · updated monthly

Harrington Raceway, Inc.401(k)

HARRINGTON RACEWAY, INC. DBA HARRINGTON RACEWAY & CASINO 401(K) RETIREMENT PLAN · HARRINGTON, DE · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Harrington Raceway, Inc. reported $129,466 in plan administrative expenses for 2024: 0.63% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,433 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 0.63%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 93rd-largest of 242 plans among Delaware employers on file, and the 414th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,113,237
Participants with balances329
Active participants449
Employer contributions$643,510
Employee contributions$910,822
Employer contribution per active participant$1,433
Average account balance$64,174
Benefits paid to participants$2,552,299
Plan auditUnmodified (clean) audit opinion
AuditorHORTY & HORTY, P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$21.1M · 329 accts · $644K emplr
2023$19.7M · 342 accts · $687K emplr
2022$16.7M · 308 accts · $605K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$89,974
Investment management$19,746
Total administrative$129,466
The Harrington Raceway, Inc. 401(k) match · 2024
Employer contribution per active participant$1,433
Median for plans this size$2,416
2024$1,433 per active participant
2023$1,531 per active participant
2022$1,438 per active participant

Harrington Raceway, Inc.'s 2024 employer contribution ran below the $2,416 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$89,974
MERRILL LYNCH PIERCE FENNER & SMITH · Pension consulting · Investment advisory (plan)$39,492
L&W INSURANCE INC. · Consultingindirect 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$129,466 · 0.63%
2023$113,624 · 0.62%
2022$112,902 · 0.61%
Similar plansArts, Entertainment & Recreation · Delaware
Angel of the Winds Casino WA$21.3M · 0.37%
Full House Resorts, Inc. NV$21.3M · 0.19%
Army Navy Country Club VA$21.2M · 0.36%
Lucky Star Casino OK$21.0M · 0.90%
American Cruise Lines, Inc. CT$21.0M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510106130 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.