Plan Ledger DOL Form 5500 · updated monthly

Herschend Entertainment Company LLC401(k)

HERSCHEND FAMILY ENTERTAINMENT PROFIT SHARING & 401(K) PLAN · BRANSON, MO · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Herschend Entertainment Company LLC reported $350,215 in plan administrative expenses for 2024: 0.24% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,555 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 0.22% to 0.24%. 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 132nd-largest of 1,393 plans among Missouri employers on file, and the 65th of 1,311 in arts, entertainment & recreation. In 2024, the employer put in $1.05 for every $1.00 employees contributed themselves; active participation has grown from 2,434 to 5,734 since 2022.

Plan summary
Net assets, end of year$159,263,643
Participants with balances6,193
Active participants5,734
Employer contributions$8,916,847
Employee contributions$8,520,376
Employer contribution per active participant$1,555
Average account balance$25,717
Benefits paid to participants$11,511,461
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$159.3M · 6,193 accts · $8.9M emplr
2023$135.6M · 3,478 accts · $6.7M emplr
2022$119.3M · 3,187 accts · $6.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$278,022
Investment management$51,981
Audit (IQPA)$20,212
Total administrative$350,215
The Herschend Entertainment Company LLC 401(k) match · 2024
Employer contribution per active participant$1,555
Median for plans this size$3,635
2024$1,555 per active participant
2023$2,419 per active participant
2022$2,552 per active participant

Herschend Entertainment Company LLC'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 · 20243
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$278,022
SAGEVIEW ADVISORY GROUP, LLC · Consulting · Insurance services$51,981
FORVIS MAZARS, LLP · Accounting / audit$20,212

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Transamerica
2023Transamerica

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Administrative cost history3
2024$350,215 · 0.24%
2023$288,231 · 0.23%
2022$281,569 · 0.22%
Same employer
Similar plansArts, Entertainment & Recreation · Missouri
Everi Payments Inc. NV$172.9M · 0.17%
United Talent Agency LLC CA$164.9M · 0.15%
Broadcast Music, Inc. TN$149.7M · 0.01%
Philadelphia Museum of Art PA$147.0M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463014631 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.