Plan Ledger DOL Form 5500 · updated monthly

Venetian Las Vegas Gaming, LLC401(k)

VENETIAN LAS VEGAS GAMING, LLC 401(K) PLAN · LAS VEGAS, NV · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Venetian Las Vegas Gaming, LLC reported $675,775 in plan administrative expenses for 2024: 0.15% of average plan assets, higher than ~75% of peers. Employer contributions averaged $837 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 0.13% to 0.15%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 15th-largest of 437 plans among Nevada employers on file, and the 25th of 2,240 in accommodation & food services. In 2024, employees put in $4.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$468,725,460
Participants with balances5,875
Active participants8,683
Employer contributions$7,269,497
Employee contributions$32,322,596
Employer contribution per active participant$837
Average account balance$79,783
Benefits paid to participants$48,568,528
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$468.7M · 5,875 accts · $7.3M emplr
2023$418.4M · 5,852 accts · $7.4M emplr
2022$358.8M · 5,982 accts · $5.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$395,971
Investment management$262,679
Audit (IQPA)$17,125
Total administrative$675,775
The Venetian Las Vegas Gaming, LLC 401(k) match · 2024
Employer contribution per active participant$837
Median for plans this size$4,294
2024$837 per active participant
2023$896 per active participant
2022$633 per active participant

Venetian Las Vegas Gaming, LLC's 2024 employer contribution ran below the $4,294 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 · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$395,971
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$226,258
SAGEVIEW ADVISORY GROUP, LLC · Investment advisory (plan)$36,421
DELOITTE & TOUCHE LLP · Accounting / audit$17,125

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$675,775 · 0.15%
2023$599,361 · 0.15%
2022$477,955 · 0.13%
Same employer
Similar plansAccommodation & Food Services · Nevada
Boyd Gaming Corporation NV$537.1M · 0.12%
Domino's Pizza LLC MI$506.5M · 0.07%
Hmshost MD$484.6M · 0.18%
Aimbridge Parent, Inc TX$470.1M · 0.13%
Aimbridge Parent, Inc TX$424.1M · 0.16%
Accor Management US, Inc. $372.9M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 862889081 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.