Ppe Casino Resorts Maryland LLC 401(k) Review & Grade
Live Casino 401(k) Plan
Hanover, MDArts, Entertainment & Recreation4,361 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$670Employer $ per active participant
$2,489Employee $ saved per active participant
0.10%Direct admin cost, % of plan assets
$80.6MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity13.2 / 5026th percentile for employer $ per participant
- Low cost14.0 / 2556th percentile for low admin cost vs. same-size plans
- Employee saving5.7 / 1538th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score23 / 100 · Grade F
This plan vs. peers
Peers: Arts, Entertainment & Recreation plans with 2,500–9,999 active participants (35 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 26th |
| Lower admin cost | 56th |
| Employee saving | 38th |
| Peers that auto-enroll | 43% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Benefits not paid when due: the plan reported failing to pay some benefits on time.
Corrective distributions: the plan refunded $109,055 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Ppe Casino Resorts Maryland put in about $670 per active participant, below the typical peer ($1,107). 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 | $2,921,212 |
| Participant (employee) contributions | $10,854,228 |
| Other contributions (incl. rollovers in) | $1,066,566 |
| Administrative expenses paid from the plan | $74,933 |
| Investment advisory & management fees | $27,500 |
| Benefits paid out | $5,772,144 |
| Net assets, start / end of year | $62.5M / $80.6M |
| Active participants, start / end of year | 4,105 / 4,617 |
| Participants with account balances | 2,164 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Citrin Cooperman & Company, LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $47,433 reported compensation |
| Wilmington Trust National Assoc | $27,500 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251003090227NAL0001203937001, received 2025-10-03, EIN 26-4105452, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.