Retirement plan

RESORTS CASINO HOTEL 401(K) PLAN

Name: DGMB CASINO, LLC - RESORTS CASINO HOTEL 401(K) PLAN (2024) Form 5500
Creator: DGMB CASINO, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RESORTS CASINO HOTEL 401(K) PLAN, DGMB CASINO, LLC

DGMB CASINO, LLCdba DBA RESORTS CASINO HOTELEIN 27-3361929Plan #001PY 2024

1133 BOARDWALK - ATLANTIC CITY, NJ 08401609-340-6743LinkedIn501-1000 employeeshospitality

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$12.1M

+17.6% from 2023

Total participants

951

+2.1% from 2023

Average account balance

$15,512

+20.0% from 2023

Annual return

13.15%

-6.47 pp from 2023

Benchmarks

See 937 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants250-999

Cohort937 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$12.05M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$16K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

777

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

72.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.88M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+13.15%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$134

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 4 by compensation

Provider	Service type	Compensation
RH BUCHANAN9 years Filed as: RH BUCHANAN & CO Service code 27 · EIN 46-2015744	Advisory (Plan)	$52,887
EPIC RETIREMENT PLAN SERVICES5 years Service code 15 · EIN 16-1450952	Recordkeeping	$51,551
CHARLES SCHWAB & CO., INC.1 year Filed as: CHARLES SCHWAB TRUST BANK Service code 19 · EIN 82-3967259	Securities Custodian	$5,030
CHARLES SCHWAB & CO., INC.10+ years Service code 59 · EIN 94-1737782	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$104K

$163 / participant

Recordkeeping$52K49.4%
Investment mgmt$53K50.6%

% of EOY assets

0.867%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: COHN REZNICK LLP
Auditor EIN: 334144829
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$15,512

$29,525-47.5%

$56,033-72.3%

$77,736-80.0%

Participation rate

72.9%

32.7%+40.2pp

52.5%+20.4pp

70.6%+2.3pp

Annual return

13.15%

18.90%-5.7pp

1711.38%-1698.2pp

31.26%-18.1pp

Employer contribution / active EE

$393

$569-31.0%

$1,041-62.3%

$2,728-85.6%

Participant deferral / active EE

$2,529

$1,062+138.2%

$1,954+29.4%

$4,651-45.6%

Admin fee / account holder

$134

$1,040-87.1%

$2,827-95.2%

$433-69.0%

Provider

Service type

Compensation

RH BUCHANAN9 years

Filed as: RH BUCHANAN & CO

Service code 27 · EIN 46-2015744

Advisory (Plan)

$52,887

EPIC RETIREMENT PLAN SERVICES5 years

Service code 15 · EIN 16-1450952

Recordkeeping

$51,551

CHARLES SCHWAB & CO., INC.1 year

Filed as: CHARLES SCHWAB TRUST BANK

Service code 19 · EIN 82-3967259

Securities Custodian

$5,030

CHARLES SCHWAB & CO., INC.10+ years

Service code 59 · EIN 94-1737782

Shareholder Servicing

RESORTS CASINO HOTEL 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RESORTS CASINO HOTEL 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion