Riverside Resort and Casino 401(k) Review & Grade
Riverside Resort and Casino 401(k) Plan
Laughlin, NVArts, Entertainment & Recreation1,012 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$141Employer $ per active participant
$1,065Employee $ saved per active participant
0.22%Direct admin cost, % of plan assets
$12.3MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity3.8 / 508th percentile for employer $ per participant
- Low cost12.8 / 2551th percentile for low admin cost vs. same-size plans
- Employee saving3.7 / 1525th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score20 / 100 · Grade F
This plan vs. peers
Peers: Arts, Entertainment & Recreation plans with 500–2,499 active participants (225 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 8th |
| Lower admin cost | 51th |
| Employee saving | 25th |
| Peers that auto-enroll | 38% |
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Red flags from the filing
Corrective distributions: the plan refunded $32 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Riverside Resort and Casino put in about $141 per active participant, below the typical peer ($995). Any match is still an instant return, so contribute enough to get all of it.
- 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.
- 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 | $143,164 |
| Participant (employee) contributions | $1,078,538 |
| Other contributions (incl. rollovers in) | $47,086 |
| Administrative expenses paid from the plan | $26,288 |
| Contract administrator fees | $26,288 |
| Benefits paid out | $1,688,199 |
| Net assets, start / end of year | $11.5M / $12.3M |
| Active participants, start / end of year | 1,073 / 952 |
| Participants with account balances | 467 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Rubinbrown |
Largest service providers (Schedule C)
| Lincoln National Corporation | $26,288 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250924170157NAL0003158979001, received 2025-09-24, EIN 88-0088331, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.