Plan Ledger DOL Form 5500 · updated monthly

Nevada Property 1 LLC401(k)

THE COSMOPOLITAN RESORT & CASINO RETIREMENT PLAN · LAS VEGAS, NV · plan year 2022

Reported admin expense ratio · 2022
0.27%

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

Nevada Property 1 LLC reported $238,679 in plan administrative expenses for 2022: 0.27% of average plan assets, higher than ~75% of peers. Employer contributions averaged $264 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.

The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 39th-largest of 437 plans among Nevada employers on file, and the 99th of 2,240 in accommodation & food services. In 2022, employees put in $9.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$82,320,699
Participants with balances1,837
Active participants3,741
Employer contributions$989,236
Employee contributions$9,471,576
Employer contribution per active participant$264
Average account balance$44,813
Benefits paid to participants$9,087,887
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $365K emplr
2022$82.3M · 1,837 accts · $989K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$238,028
Investment management$651
Total administrative$238,679
The Nevada Property 1 LLC 401(k) match · 2022
Employer contribution per active participant$264
Median for plans this size$3,449

Nevada Property 1 LLC's 2022 employer contribution ran below the $3,449 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$238,679 · 0.27%
Same employer
Similar plansAccommodation & Food Services · Nevada
Las Vegas Sands Corp. NV$117.9M · 0.11%
Peppermill Casinos, Inc. NV$84.7M · 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%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271695189 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.