Plan Snapshot
- Plan Sponsor: Mgm Resorts International
- Sponsor EIN: 880215232
- Sponsor Address: 980 KELLY JOHNSON DR. SUITE 100, LAS VEGAS, NV, 89119
- Plan Type: 401(k)
- Total Participants: 37,717
- Total Assets: $2.2B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 37,717 | $2.2B | $33.4M | $135.8M |
| 2023 | 37,719 | $2.0B | $31.4M | $126.5M |
| 2022 | 28,142 | $1.7B | $28.5M | $116.4M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| AUDIT AND TAX SOLUTIONS, CPAS, INC. | Auditor | $41,000 | — | $41,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AUDIT AND TAX SOLUTIONS, CPAS, INC. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $41,000
- Estimated Expense Ratio: 0.002% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $2,469,740 | — | — | $41,000 | — |
| 2023 | $2,252,983 | $60,993 | $273,936 | — | — |
| 2022 | $2,297,221 | $1,710 | $163,051 | — | $672,133 |