Affinity Gaming 401(k) Review & Grade
Affinity Gaming Retirement Savings Plan
Las Vegas, NVAccommodation & Food Services1,140 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$327Employer $ per active participant
$1,560Employee $ saved per active participant
0.43%Direct admin cost, % of plan assets
$37.9MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity28.2 / 5056th percentile for employer $ per participant
- Low cost7.0 / 2528th percentile for low admin cost vs. same-size plans
- Employee saving11.6 / 1577th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score47 / 100 · Grade C
This plan vs. peers
Peers: Accommodation & Food Services plans with 500–2,499 active participants (458 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 56th |
| Lower admin cost | 28th |
| Employee saving | 77th |
| Peers that auto-enroll | 17% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Corrective distributions: the plan refunded $108,783 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Affinity Gaming put in about $327 per active participant, more than the typical peer ($266). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.43% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $372,398 |
| Participant (employee) contributions | $1,778,335 |
| Other contributions (incl. rollovers in) | $128,388 |
| Administrative expenses paid from the plan | $156,567 |
| Contract administrator fees | $156,567 |
| Benefits paid out | $3,821,727 |
| Net assets, start / end of year | $34.8M / $37.9M |
| Active participants, start / end of year | 1,076 / 1,204 |
| Participants with account balances | 482 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Kimberlin Company PLLC |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $156,567 reported compensation |
| Global Retirement Partners LLC | $63,026 reported compensation |
| Kimberlin Company, PLLC | $9,500 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250731174541NAL0003295363001, received 2025-07-31, EIN 02-0815199, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.