Plan Ledger DOL Form 5500 · updated monthly

Midwest Gaming & Entertainment, LLC401(k)

MIDWEST GAMING & ENTERTAINMENT, LLC 401(K) PLAN · DES PLAINES, IL · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Midwest Gaming & Entertainment, LLC reported $21,604 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,845 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 0.032%. 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 697th-largest of 3,702 plans among Illinois employers on file, and the 137th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $2.04 for every $1.00 the employer contributed; active participation has grown from 1,466 to 1,852 since 2022.

Plan summary
Net assets, end of year$73,900,284
Participants with balances2,014
Active participants1,852
Employer contributions$3,416,215
Employee contributions$6,978,583
Employer contribution per active participant$1,845
Average account balance$36,693
Benefits paid to participants$7,308,371
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$73.9M · 2,014 accts · $3.4M emplr
2023$61.6M · 1,868 accts · $3.1M emplr
2022$47.4M · 1,731 accts · $2.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,604
Total administrative$21,604
The Midwest Gaming & Entertainment, LLC 401(k) match · 2024
Employer contribution per active participant$1,845
Median for plans this size$3,635
2024$1,845 per active participant
2023$1,751 per active participant
2022$1,886 per active participant

Midwest Gaming & Entertainment, 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$21,604

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$21,604 · 0.03%
2023$20,525 · 0.04%
2022$15,075 · 0.03%
Same employer
Similar plansArts, Entertainment & Recreation · Illinois
Chicago Zoological Society IL$84.3M · 0.14%
Health Fitness Corporation IL$79.7M · 0.09%
John G. Shedd Aquarium IL$57.3M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 412054764 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.