Plan Ledger DOL Form 5500 · updated monthly

Monarch Casino & Resort, Inc.401(k)

MONARCH CASINO & RESORT, INC. 401K PLAN · RENO, NV · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Monarch Casino & Resort, Inc. reported $129,920 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $241 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 0.33%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 68th-largest of 437 plans among Nevada employers on file, and the 159th of 2,240 in accommodation & food services. In 2024, employees put in $6.08 for every $1.00 the employer contributed; active participation has grown from 2,288 to 3,378 since 2022.

Plan summary
Net assets, end of year$42,989,734
Participants with balances1,235
Active participants3,378
Employer contributions$815,419
Employee contributions$4,961,340
Employer contribution per active participant$241
Average account balance$34,810
Benefits paid to participants$3,981,016
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$43.0M · 1,235 accts · $815K emplr
2023$36.4M · 1,116 accts · $283 emplr
2022$31.4M · 1,066 accts · $769K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$87,834
Investment management$42,086
Total administrative$129,920
The Monarch Casino & Resort, Inc. 401(k) match · 2024
Employer contribution per active participant$241
Median for plans this size$2,416
2024$241 per active participant
2023$0 per active participant
2022$336 per active participant

Monarch Casino & Resort, Inc.'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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$87,830
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$22,086
PALISADE INVESTMENTS LLC · Investment advisory (plan)$20,000

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$129,920 · 0.33%
2023$110,220 · 0.32%
2022$104,701 · 0.32%
Same employer
Similar plansAccommodation & Food Services · Nevada
Las Vegas Sands Corp. NV$117.9M · 0.11%
Peppermill Casinos, Inc. NV$84.7M · 0.27%
Nevada Property 1 LLC NV$82.3M · 0.27%
Golden Entertainment, Inc. NV$59.7M · 0.57%
Affinity Gaming NV$37.9M · 0.43%
Circa Hospitality Group LLC NV$34.8M · 0.33%
Hotspur Resorts Nevada LTD. NV$23.4M · 0.10%
Jc Hospitality LLC NV$22.4M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 880300760 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.