Plan Ledger DOL Form 5500 · updated monthly

Seneca Gaming Corporation401(k)

SENECA GAMING CORPORATION 401(K) PLAN · NIAGARA FALLS, NY · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Seneca Gaming Corporation reported $247,997 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $536 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 0.20% to 0.21%. 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 670th-largest of 5,648 plans among New York employers on file, and the 82nd of 1,311 in arts, entertainment & recreation. In 2024, employees put in $4.17 for every $1.00 the employer contributed; active participation has grown from 2,925 to 4,088 since 2022.

Plan summary
Net assets, end of year$123,217,278
Participants with balances3,751
Active participants4,088
Employer contributions$2,190,020
Employee contributions$9,131,635
Employer contribution per active participant$536
Average account balance$32,849
Benefits paid to participants$10,847,247
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$123.2M · 3,751 accts · $2.2M emplr
2023$108.3M · 3,488 accts · $1.8M emplr
2022$90.6M · 3,146 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$247,997
Total administrative$247,997
The Seneca Gaming Corporation 401(k) match · 2024
Employer contribution per active participant$536
Median for plans this size$3,635
2024$536 per active participant
2023$500 per active participant
2022$708 per active participant

Seneca Gaming Corporation'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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$247,996

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$247,997 · 0.21%
2023$219,091 · 0.22%
2022$195,808 · 0.20%
Same employer
Similar plansArts, Entertainment & Recreation · New York
Major League Soccer LLC NY$176.7M · 0.11%
Resorts World Las Vegas, LLC NY$123.7M · 0.69%
New York City Ballet, Inc NY$73.9M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 542122988 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.