Plan Ledger DOL Form 5500 · updated monthly

Silver Reef Casino401(k)

SILVER REEF CASINO 401K PLAN · FERNDALE, WA · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Silver Reef Casino reported $20,688 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $549 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 0.24%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in Washington (1,128th of 1,714), and 720th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.59 for every $1.00 the employer contributed; active participation has grown from 509 to 696 since 2022.

Plan summary
Net assets, end of year$9,021,103
Participants with balances279
Active participants696
Employer contributions$382,234
Employee contributions$607,822
Employer contribution per active participant$549
Average account balance$32,334
Benefits paid to participants$1,555,527
Plan auditUnmodified (clean) audit opinion
AuditorBLUEBIRD CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$9.0M · 279 accts · $382K emplr
2023$8.5M · 276 accts · $420K emplr
2022$7.9M · 258 accts · $365K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,578
Investment management$19,110
Total administrative$20,688
The Silver Reef Casino 401(k) match · 2024
Employer contribution per active participant$549
Median for plans this size$1,313
2024$549 per active participant
2023$587 per active participant
2022$717 per active participant

Silver Reef Casino's 2024 employer contribution ran below the $1,313 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 · 20242
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Participant communication$1,578
FUTURE CAPITAL · Investment advisory (participants)$19,110

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$20,688 · 0.24%
2023$18,841 · 0.23%
2022$17,554 · 0.20%
Same employer
Similar plansArts, Entertainment & Recreation · Washington
Seattle Soccer LLC WA$10.8M · 0.04%
Seattle Theatre Group WA$10.5M · 0.13%
Maverick Gaming LLC WA$9.8M · 1.06%
Lucky Eagle Casino WA$9.6M · 0.39%
Arena Sports, Inc. WA$8.6M · 1.15%
Pacific Science Center WA$6.6M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 753018179 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.