Plan Ledger DOL Form 5500 · updated monthly

Bally's Management Group, LLC401(k)

TWIN RIVER 401(K) PLAN · LINCOLN, RI · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Bally's Management Group, LLC reported $439,026 in plan administrative expenses for 2024: 0.27% of average plan assets, higher than ~75% of peers. Employer contributions averaged $865 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 0.18% to 0.27%. 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 29th-largest of 286 plans among Rhode Island employers on file, and the 62nd of 1,311 in arts, entertainment & recreation. In 2024, employees put in $2.95 for every $1.00 the employer contributed; active participation has grown from 5,770 to 6,731 since 2022.

Plan summary
Net assets, end of year$175,414,675
Participants with balances7,694
Active participants6,731
Employer contributions$5,821,762
Employee contributions$17,156,989
Employer contribution per active participant$865
Average account balance$22,799
Benefits paid to participants$20,175,440
Plan auditUnmodified (clean) audit opinion
AuditorFAW, CASSON & CO., LLP
Plan history3
Yearassets · accounts · employer contribution
2024$175.4M · 7,694 accts · $5.8M emplr
2023$152.0M · 7,292 accts · $5.1M emplr
2022$124.5M · 7,972 accts · $4.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$371,000
Total administrative$439,026
The Bally's Management Group, LLC 401(k) match · 2024
Employer contribution per active participant$865
Median for plans this size$3,635
2024$865 per active participant
2023$773 per active participant
2022$711 per active participant

Bally's Management Group, LLC'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 · 20243
MORGAN STANLEY SMITH BARNEY LLCindirect comp
THE ANGELL PENSION GROUP, INC. · Other servicesindirect comp

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$439,026 · 0.27%
2023$535,270 · 0.39%
2022$233,967 · 0.18%
Same employer
Similar plansArts, Entertainment & Recreation · Rhode Island
Major League Soccer LLC NY$176.7M · 0.11%
Everi Payments Inc. NV$172.9M · 0.17%
United Talent Agency LLC CA$164.9M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133472600 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.