Lucky Star Casino 401(k) Review & Grade
Lucky Star Casino 401(k) Retirement Savings Plan
Concho, OKArts, Entertainment & Recreation744 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,767Employer $ per active participant
$2,381Employee $ saved per active participant
0.90%Direct admin cost, % of plan assets
$21.0MNet plan assets, end of year
$18,160Average balance per account
Score breakdown
- Employer generosity37.1 / 5074th percentile for employer $ per participant
- Low cost2.0 / 258th percentile for low admin cost vs. same-size plans
- Employee saving7.6 / 1551th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-5 pts1 issue reported on the filing
Total score52 / 100 · Grade C
This plan vs. peers
Peers: Arts, Entertainment & Recreation plans with 500–2,499 active participants (225 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 74th |
| Lower admin cost | 8th |
| Employee saving | 51th |
| Peers that auto-enroll | 38% |
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Red flags from the filing
No fidelity bond: the plan reported it was not covered by a fidelity bond, which protects participants against theft.
What to do if you're in this plan
- Lucky Star Casino put in about $1,767 per active participant, more than the typical peer ($995). 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 (0.90% of assets) are well above similar-size plans (0.23%). 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 | $1,315,361 |
| Participant (employee) contributions | $1,772,289 |
| Other contributions (incl. rollovers in) | $49,499 |
| Administrative expenses paid from the plan | $172,633 |
| Investment advisory & management fees | $46,984 |
| Benefits paid out | $1,422,262 |
| Net assets, start / end of year | $17.5M / $21.0M |
| Active participants, start / end of year | 749 / 740 |
| Participants with account balances | 1,158 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Rose Rock Cpas, PLLC |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $125,649 reported compensation |
| Alliant Insurance Services Inc DBA | $39,413 reported compensation |
| Empower Advisory Group, LLC | $7,571 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015125721NAL0004606977001, received 2025-10-15, EIN 73-1448326, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.