Plan Ledger DOL Form 5500 · updated monthly

The Smith Center for Performing401(k)

THE SMITH CENTER FOR PERFORMING ARTS RETIREMENT PLAN · LAS VEGAS, NV · plan year 2024

Reported admin expense ratio · 2024
0.73%

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

The Smith Center for Performing reported $51,743 in plan administrative expenses for 2024: 0.73% of average plan assets, above the peer median. Employer contributions averaged $1,176 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 fell from 0.80% to 0.73%. 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 Nevada (238th of 437), and 780th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $3.57 for every $1.00 the employer contributed; active participation has grown from 161 to 185 since 2022.

Plan summary
Net assets, end of year$7,744,940
Participants with balances250
Active participants185
Employer contributions$217,550
Employee contributions$776,255
Employer contribution per active participant$1,176
Average account balance$30,980
Benefits paid to participants$407,744
Plan auditUnmodified (clean) audit opinion
AuditorHOULDSWORTH RUSSO & COMPANY P.C
Plan history3
Yearassets · accounts · employer contribution
2024$7.7M · 250 accts · $218K emplr
2023$6.3M · 238 accts · $224K emplr
2022$5.4M · 240 accts · $213K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,094
Investment management$24,649
Total administrative$51,743
The The Smith Center for Performing 401(k) match · 2024
Employer contribution per active participant$1,176
Median for plans this size$1,313
2024$1,176 per active participant
2023$1,360 per active participant
2022$1,322 per active participant

The Smith Center for Performing's 2024 employer contribution ran below the $1,313 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$27,094
GLOBAL RETIREMENT PARTNERS · Recordkeeping · Trustee$24,649
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, GLOBAL RETIREMENT PARTNERS
2023ADP, GLOBAL RETIREMENT PARTNERS

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

Administrative cost history3
2024$51,743 · 0.73%
2023$47,681 · 0.81%
2022$44,772 · 0.80%
Same employer
Similar plansArts, Entertainment & Recreation · Nevada
Riverside Resort and Casino NV$12.3M · 0.22%
Las Vegas Athletic Clubs NV$8.2M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 880361875 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.