Capital Region Gaming, LLC 401(k) Review & Grade
Capital Region Gaming, LLC Plan
Schenectady, NYArts, Entertainment & Recreation863 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,199Employer $ per active participant
$4,420Employee $ saved per active participant
0.06%Direct admin cost, % of plan assets
$23.7MNet plan assets, end of year
$22,412Average balance per account
Score breakdown
- Employer generosity41.7 / 5083th percentile for employer $ per participant
- Low cost20.9 / 2584th percentile for low admin cost vs. same-size plans
- Employee saving12.7 / 1584th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score85 / 100 · Grade A
This plan vs. peers
Peers: Arts, Entertainment & Recreation plans with 500–2,499 active participants (225 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 83th |
| Lower admin cost | 84th |
| Employee saving | 84th |
| Peers that auto-enroll | 38% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Capital Region Gaming put in about $2,199 per active participant, more than the typical peer ($995). 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.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $1,897,530 |
| Participant (employee) contributions | $3,814,680 |
| Other contributions (incl. rollovers in) | $139,103 |
| Administrative expenses paid from the plan | $12,900 |
| Benefits paid out | $2,509,739 |
| Net assets, start / end of year | $17.9M / $23.7M |
| Active participants, start / end of year | 796 / 930 |
| Participants with account balances | 1,059 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Bonadio & Co, LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $12,900 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250915092258NAL0000959217001, received 2025-09-15, EIN 32-0442300, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.