Plan Snapshot
- Plan Sponsor: Silver Reef Casino
- Sponsor EIN: 753018179
- Sponsor Address: 4876 HAXTON WAY, FERNDALE, WA, 98248
- Plan Type: 401(k)
- Total Participants: 696
- Total Assets: $9.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- 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 | 696 | $9.0M | $382,234 | $607,822 |
| 2023 | 715 | $8.5M | $419,858 | $648,421 |
| 2022 | 509 | $7.9M | $365,118 | $587,782 |
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 |
|---|---|---|---|---|
| AMERICAN UNITED LIFE INSURANCE CO | Other Service Provider | $1,578 | $26,556 | $28,134 |
| FUTURE CAPITAL | Other Service Provider | $19,110 | — | $19,110 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $47,244
- Estimated Expense Ratio: 0.524% 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 | $20,688 | $19,110 | $1,578 | — | — |
| 2023 | $18,841 | $17,094 | $1,747 | — | — |
| 2022 | $17,554 | $16,420 | $1,134 | — | — |