Wynn Resorts, Limited 401(k) Review & Grade
Wynn Resorts, Limited 401(k) Plan
Las Vegas, NVArts, Entertainment & Recreation9,971 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,032Employer $ per active participant
$4,365Employee $ saved per active participant
0.18%Direct admin cost, % of plan assets
$509.4MNet plan assets, end of year
$79,573Average balance per account
Score breakdown
- Employer generosity23.5 / 5047th percentile for employer $ per participant
- Low cost9.8 / 2539th percentile for low admin cost vs. same-size plans
- Employee saving11.9 / 1579th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score35 / 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 | 47th |
| Lower admin cost | 39th |
| Employee saving | 79th |
| Peers that auto-enroll | 43% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($1,455 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $16,300 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Wynn Resorts, Limited put in about $1,032 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.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $10,289,985 |
| Participant (employee) contributions | $43,522,762 |
| Other contributions (incl. rollovers in) | $4,035,816 |
| Administrative expenses paid from the plan | $832,316 |
| Contract administrator fees | $832,316 |
| Benefits paid out | $34,693,093 |
| Net assets, start / end of year | $433.7M / $509.4M |
| Active participants, start / end of year | 10,017 / 9,925 |
| Participants with account balances | 6,402 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Ernst & Young LLP |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $832,316 reported compensation |
| Resources Investment Advisors Inc | $129,509 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251008173231NAL0005869521001, received 2025-10-08, EIN 46-0484987, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.