Plan Ledger DOL Form 5500 · updated monthly

Trustees of the Culinary and Bartenders 401(K) Trust401(k)

CULINARY AND BARTENDERS 401(K) PLAN · LAS VEGAS, NV · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Trustees of the Culinary and Bartenders 401(K) Trust reported $649,755 in plan administrative expenses for 2024: 0.29% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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 0.35% to 0.29%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 18th-largest of 437 plans among Nevada employers on file, and the 43rd of 2,240 in accommodation & food services. In 2024, employees put in $840360.63 for every $1.00 the employer contributed; active participation has grown from 107,666 to 126,444 since 2022.

Plan summary
Net assets, end of year$246,054,680
Participants with balances5,431
Active participants126,444
Employer contributions$27
Employee contributions$22,689,737
Employer contribution per active participant$0
Average account balance$45,306
Benefits paid to participants$21,471,279
Plan auditUnmodified (clean) audit opinion
AuditorLAYTON, LAYTON & TOBLER
Plan history3
Yearassets · accounts · employer contribution
2024$246.1M · 5,431 accts · $27 emplr
2023$209.1M · 5,194 accts · $13K emplr
2022$165.4M · 4,791 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$469,776
Investment management$112,500
Total administrative$649,755
The Trustees of the Culinary and Bartenders 401(K) Trust 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$3,635
2024$0 per active participant
2023$0 per active participant

Trustees of the Culinary and Bartenders 401(K) Trust'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 · 20245
MILLIMAN, INC. · Recordkeeping · Pension consulting$1,025,357
INVESTMENT MANAGEMENT CONSULTANTS · Investment management$112,500
MARSH & MCLENNAN AGENCY, LLC · Insurance services$56,129
PDQ GILLS PRINTING · Participant communication$8,599
CHARLES SCHWAB & CO., INC. · Custodial (securities) · Trustee (directed)indirect 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
2024Milliman
2023Milliman

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

Administrative cost history3
2024$649,755 · 0.29%
2023$834,500 · 0.45%
2022$630,801 · 0.35%
Similar plansAccommodation & Food Services · Nevada
Boyd Gaming Corporation NV$537.1M · 0.12%
Station Casinos LLC NV$313.2M · 0.23%
Las Vegas Sands Corp. NV$117.9M · 0.11%
Peppermill Casinos, Inc. NV$84.7M · 0.27%
Nevada Property 1 LLC NV$82.3M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 880478833 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.