Las Vegas Sands Corp. 401(k) Review & Grade
Las Vegas Sands Corp. 401(k) Retirement Plan
Las Vegas, NVAccommodation & Food Services766 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$7,257Employer $ per active participant
$11,696Employee $ saved per active participant
0.11%Direct admin cost, % of plan assets
$117.9MNet plan assets, end of year
$129,151Average balance per account
Score breakdown
- Employer generosity50.0 / 50100th percentile for employer $ per participant
- Low cost18.2 / 2573th percentile for low admin cost vs. same-size plans
- Employee saving15.0 / 15100th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score73 / 100 · Grade B
This plan vs. peers
Peers: Accommodation & Food Services plans with 500–2,499 active participants (458 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 100th |
| Lower admin cost | 73th |
| Employee saving | 100th |
| 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
Late deposits: the filing says some employee contributions were not sent to the plan on time ($78,713 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $3,918 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Las Vegas Sands put in about $7,257 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.
- 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 reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $5,558,614 |
| Participant (employee) contributions | $8,958,986 |
| Other contributions (incl. rollovers in) | $1,585,926 |
| Administrative expenses paid from the plan | $111,102 |
| Investment advisory & management fees | $64,335 |
| Benefits paid out | $6,834,195 |
| Net assets, start / end of year | $93.6M / $117.9M |
| Active participants, start / end of year | 726 / 806 |
| Participants with account balances | 913 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Deloitte & Touche LLP |
Largest service providers (Schedule C)
| Strategic Advisors, Inc. | $48,535 reported compensation |
| Deloitte & Touche LLP | $35,000 reported compensation |
| Sageview Advisory Group, LLC | $15,800 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250829203429NAL0019713008001, received 2025-08-29, EIN 27-0099920, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.