Golden Entertainment, Inc. 401(k) Review & Grade
Golden Entertainment, Inc. 401(k) Savings Plan
Las Vegas, NVAccommodation & Food Services3,506 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$143Employer $ per active participant
$1,464Employee $ saved per active participant
0.48%Direct admin cost, % of plan assets
$59.6MNet plan assets, end of year
$19,374Average balance per account
Score breakdown
- Employer generosity19.9 / 5040th percentile for employer $ per participant
- Low cost3.4 / 2513th percentile for low admin cost vs. same-size plans
- Employee saving11.7 / 1578th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score45 / 100 · Grade C
This plan vs. peers
Peers: Accommodation & Food Services plans with 2,500–9,999 active participants (104 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 40th |
| Lower admin cost | 13th |
| Employee saving | 78th |
| Peers that auto-enroll | 15% |
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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
- Golden Entertainment put in about $143 per active participant, below the typical peer ($244). 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.
- Direct plan expenses (0.48% 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.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $500,294 |
| Participant (employee) contributions | $5,132,719 |
| Other contributions (incl. rollovers in) | $259,557 |
| Administrative expenses paid from the plan | $286,759 |
| Contract administrator fees | $58,672 |
| Investment advisory & management fees | $51,734 |
| Other admin expenses | $500 |
| Benefits paid out | $9,088,537 |
| Net assets, start / end of year | $59.7M / $59.6M |
| Active participants, start / end of year | 3,442 / 3,570 |
| Participants with account balances | 3,074 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Eide Bailly LLP |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $232,803 reported compensation |
| Ubs Financial Services Inc | $51,734 reported compensation |
| Mcgrath North Mullin & Kratz PC Llo | $1,722 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013172859NAL0000860771001, received 2025-10-13, EIN 41-1913991, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.