Plan Ledger DOL Form 5500 · updated monthly

Saratoga Harness Racing, Inc.401(k)

SARATOGA GAMING AND RACEWAY 401(K) PLAN · SARATOGA SPRINGS, NY · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Saratoga Harness Racing, Inc. reported $73,991 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $1,725 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 rose from 0.34% to 0.38%. 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 2,451st-largest of 5,648 plans among New York employers on file, and the 413th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $2.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,130,964
Participants with balances289
Active participants312
Employer contributions$538,270
Employee contributions$1,202,013
Employer contribution per active participant$1,725
Average account balance$73,118
Benefits paid to participants$1,550,782
Plan auditUnmodified (clean) audit opinion
AuditorCRUDEN & COMPANY CPA'S PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$21.1M · 289 accts · $538K emplr
2023$17.7M · 310 accts · $518K emplr
2022$15.4M · 310 accts · $484K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,430
Investment management$32,561
Total administrative$73,991
The Saratoga Harness Racing, Inc. 401(k) match · 2024
Employer contribution per active participant$1,725
Median for plans this size$2,416
2024$1,725 per active participant
2023$1,635 per active participant
2022$1,427 per active participant

Saratoga Harness Racing, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20243
ADP, INC. · Loan processing · Recordkeeping$41,430
MORGAN STANLEY SMITH BARNEY · Recordkeeping · Trustee$32,561
ADP BROKER-DEALERindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP, Morgan Stanley
2023ADP, Morgan Stanley

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

Administrative cost history3
2024$73,991 · 0.38%
2023$64,826 · 0.39%
2022$56,286 · 0.34%
All plans at this employer2
SARATOGA GAMING AND RACEWAY 401(K) PLAN401(k)
KINGS, QUEENS & JACKS, LLC 401(K) PLAN401(k)
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 141688208 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.