Resorts World Las Vegas, LLC 401(k) Review & Grade
Genting USA 401(k) Plan
Jamaica, NYArts, Entertainment & Recreation6,824 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,107Employer $ per active participant
$3,196Employee $ saved per active participant
0.69%Direct admin cost, % of plan assets
$123.7MNet plan assets, end of year
$18,593Average balance per account
Score breakdown
- Employer generosity25.0 / 5050th percentile for employer $ per participant
- Low cost2.0 / 258th percentile for low admin cost vs. same-size plans
- Employee saving8.4 / 1556th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score42 / 100 · Grade D
This plan vs. peers
Peers: Arts, Entertainment & Recreation plans with 2,500–9,999 active participants (35 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 50th |
| Lower admin cost | 8th |
| Employee saving | 56th |
| 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
Corrective distributions: the plan refunded $151,178 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Resorts World Las Vegas put in about $1,107 per active participant, more than the typical peer ($1,107). 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 (0.69% 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 | $7,550,939 |
| Participant (employee) contributions | $21,811,131 |
| Other contributions (incl. rollovers in) | $2,809,777 |
| Administrative expenses paid from the plan | $736,511 |
| Investment advisory & management fees | $262,403 |
| Benefits paid out | $10,184,868 |
| Net assets, start / end of year | $89.4M / $123.7M |
| Active participants, start / end of year | 7,251 / 6,397 |
| Participants with account balances | 6,652 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Becher Della Torre Gitto & Co |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $474,108 reported compensation |
| Resources Investment Advisors, LLC | $181,605 reported compensation |
| Onedigital Investment Advisors LLC | $80,798 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015134137NAL0002506947001, received 2025-10-15, EIN 32-0444144, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.