Plan Ledger DOL Form 5500 · updated monthly

Land Holdings I, LLC401(k)

SCARLET PEARL CASINO RESORT 401(K) PLAN · D IBERVILLE, MS · plan year 2024

Reported admin expense ratio · 2024
1.11%

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

Land Holdings I, LLC reported $146,752 in plan administrative expenses for 2024: 1.11% of average plan assets, higher than ~90% of peers. Employer contributions averaged $513 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 fell from 1.31% to 1.11%. 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 127th-largest of 367 plans among Mississippi employers on file, and the 539th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $5.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,238,490
Participants with balances875
Active participants791
Employer contributions$405,688
Employee contributions$2,060,236
Employer contribution per active participant$513
Average account balance$16,273
Benefits paid to participants$1,986,733
Plan auditUnmodified (clean) audit opinion
AuditorWEGMANN DAZET & COMPANY, APC
Plan history3
Yearassets · accounts · employer contribution
2024$14.2M · 875 accts · $406K emplr
2023$12.3M · 928 accts · $792K emplr
2022$8.5M · 895 accts · $773K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$146,585
Total administrative$146,752
The Land Holdings I, LLC 401(k) match · 2024
Employer contribution per active participant$513
Median for plans this size$2,416
2024$513 per active participant
2023$955 per active participant
2022$988 per active participant

Land Holdings I, LLC's 2024 employer contribution ran below the $2,416 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
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$146,585

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

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$146,752 · 1.11%
2023$128,375 · 1.24%
2022$108,312 · 1.31%
Same employer
Similar plansArts, Entertainment & Recreation · Mississippi
Gulfside Casino Partnership MS$21.8M · 0.65%
I.A.T.S.E. Local No. 31 MO$14.3M · 0.59%
Bel-Air Country Club CA$14.2M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 453978956 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.