Peppermill Casinos, Inc. 401(k) Review & Grade
Peppermill Casinos, Inc. Retirement Plan
Reno, NVAccommodation & Food Services3,832 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$578Employer $ per active participant
$1,978Employee $ saved per active participant
0.27%Direct admin cost, % of plan assets
$84.7MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity38.8 / 5078th percentile for employer $ per participant
- Low cost6.4 / 2526th percentile for low admin cost vs. same-size plans
- Employee saving12.8 / 1585th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score61 / 100 · Grade B
This plan vs. peers
Peers: Accommodation & Food Services plans with 2,500–9,999 active participants (104 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 78th |
| Lower admin cost | 26th |
| Employee saving | 85th |
| Peers that auto-enroll | 15% |
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
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Peppermill Casinos put in about $578 per active participant, more than the typical peer ($244). 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 (0.27% of assets) are well above similar-size plans (0.12%). 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 | $2,214,431 |
| Participant (employee) contributions | $7,579,262 |
| Other contributions (incl. rollovers in) | $387,527 |
| Administrative expenses paid from the plan | $215,049 |
| Investment advisory & management fees | $60,270 |
| Benefits paid out | $6,738,524 |
| Net assets, start / end of year | $74.0M / $84.7M |
| Active participants, start / end of year | 3,919 / 3,744 |
| Participants with account balances | 1,748 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Eide Bailly LLP |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $116,081 reported compensation |
| Mariner Institutional LLC | $54,879 reported compensation |
| Eide Bailly LLP | $24,675 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250911120539NAL0001176962001, received 2025-09-11, EIN 88-0302737, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.