Plan Ledger DOL Form 5500 · updated monthly

Silverton Casino, LLC401(k)

SILVERTON CASINO, LLC 401(K) PLAN · LAS VEGAS, NV · plan year 2024

Reported admin expense ratio · 2024
0.99%

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

Silverton Casino, LLC reported $172,139 in plan administrative expenses for 2024: 0.99% of average plan assets, higher than ~90% of peers. Employer contributions averaged $365 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 0.87% to 0.99%. 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 141st-largest of 437 plans among Nevada employers on file, and the 331st of 2,240 in accommodation & food services. In 2024, employees put in $5.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,288,219
Participants with balances1,297
Active participants1,152
Employer contributions$420,802
Employee contributions$2,143,137
Employer contribution per active participant$365
Average account balance$14,100
Benefits paid to participants$2,636,639
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.3M · 1,297 accts · $421K emplr
2023$16.4M · 1,140 accts · $393K emplr
2022$13.3M · 1,022 accts · $373K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$128,845
Investment management$43,294
Total administrative$172,139
The Silverton Casino, LLC 401(k) match · 2024
Employer contribution per active participant$365
Median for plans this size$2,416
2024$365 per active participant
2023$345 per active participant
2022$308 per active participant

Silverton Casino, LLC'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 · 20242
JOHN HANCOCK RETIREMENT PLAN SVCS · Recordkeeping · Loan processing$130,551
MERCER INVESTMENT MANAGEMENT · Investment advisory (plan)$41,588

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$172,139 · 0.99%
2023$126,297 · 0.85%
2022$127,531 · 0.87%
Same employer
Similar plansAccommodation & Food Services · Nevada
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%
Mesquite Gaming, LLC NV$10.4M · 0.75%
Smgha Nevada, LLC NV$10.1M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 880368785 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.