J & J Ventures Gaming, LLC 401(k) Review & Grade
J & J Ventures Gaming, LLC 401(k) Savings Plan and Trust
Effingham, ILArts, Entertainment & Recreation670 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,115Employer $ per active participant
$4,249Employee $ saved per active participant
0.49%Direct admin cost, % of plan assets
$33.5MNet plan assets, end of year
$47,806Average balance per account
Score breakdown
- Employer generosity41.3 / 5083th percentile for employer $ per participant
- Low cost6.0 / 2524th percentile for low admin cost vs. same-size plans
- Employee saving12.5 / 1583th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score63 / 100 · Grade B
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 | 24th |
| Employee saving | 83th |
| 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
- J & J Ventures Gaming put in about $2,115 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.
- Direct plan expenses (0.49% 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 | $1,417,943 |
| Participant (employee) contributions | $2,848,620 |
| Other contributions (incl. rollovers in) | $278,373 |
| Administrative expenses paid from the plan | $148,265 |
| Investment advisory & management fees | $56,240 |
| Benefits paid out | $2,305,381 |
| Net assets, start / end of year | $27.0M / $33.5M |
| Active participants, start / end of year | 682 / 659 |
| Participants with account balances | 700 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Doehring Winders & Co LLP |
Largest service providers (Schedule C)
| Adp, Inc. | $92,025 reported compensation |
| Smith Moore & Co | $56,240 reported compensation |
| Adp Broker-Dealer | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251008052158NAL0003051059001, received 2025-10-08, EIN 27-2534514, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.