Plan Ledger DOL Form 5500 · updated monthly

Miami Valley Gaming & Racing LLC.401(k)

MIAMI VALLEY GAMING 401 (K) PLAN · LEBANON, OH · plan year 2024

Reported admin expense ratio · 2024
0.92%

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

Miami Valley Gaming & Racing LLC. reported $76,069 in plan administrative expenses for 2024: 0.92% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,540 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 1.19% to 0.92%. 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 Ohio (2,114th of 3,295), and 735th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,769,014
Participants with balances359
Active participants340
Employer contributions$523,758
Employee contributions$917,279
Employer contribution per active participant$1,540
Average account balance$24,426
Benefits paid to participants$1,444,208
Plan auditUnmodified (clean) audit opinion
AuditorBDO
Plan history3
Yearassets · accounts · employer contribution
2024$8.8M · 359 accts · $524K emplr
2023$7.7M · 350 accts · $491K emplr
2022$5.7M · 330 accts · $439K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,921
Investment management$32,148
Total administrative$76,069
The Miami Valley Gaming & Racing LLC. 401(k) match · 2024
Employer contribution per active participant$1,540
Median for plans this size$1,313
2024$1,540 per active participant
2023$1,403 per active participant
2022$1,386 per active participant

Miami Valley Gaming & Racing LLC.'s 2024 employer contribution ran above 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
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$32,148

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$76,069 · 0.92%
2023$59,256 · 0.88%
2022$70,249 · 1.19%
Same employer
Similar plansArts, Entertainment & Recreation · Ohio
Holden Arboretum OH$9.5M · 0.00%
Toledo Museumof Art OH$5.9M · 0.70%
Akron Zoological Park OH$5.4M · 0.92%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371657920 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.