2023 Form 5500 filing — Betmgm 401(K) Plan

Plain-English filing summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241015081230NAL0027805857002) for Betmgm 401(K) Plan, reported by Betmgm, LLC under EIN 83-1679867 and plan number 001. It reports 1,033 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$23.8MReported net assets$23,767,044
Participants1K1,033
Provider compensation$72.5K2 Schedule C row(s)$72,483
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241015081230NAL0027805857002
Plan sponsor
Betmgm, LLC
EIN
83-1679867
Plan number
001
Location
Jersey City, NJ
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$23.8M total assets
Net assets$23.8MLiabilities
Money in vs. money out
Total income / additions$14.3M
Total expenses$1.6M
Benefits paid / distributions$1.4M
Contributions
Employer$2.8M
Participant$5.7M
Full reported line items
Total assets (EOY)
$23,767,044
Net assets (EOY)
$23,767,044
Employer contributions
$2,797,185
Participant contributions
$5,692,595
Total income / additions
$14,252,420
Benefits paid
$1,428,233
Administrative expenses
$74,804
Total expenses
$1,575,794
Net increase / (decrease)
$12,676,626

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Transamerica Financial Life Ins CoRECORD KEEPER$66,342$0
Captrust Financial AdvisorsINVESTMENT ADVISORY$6,141not reported in the loaded dataset

Related Form 5500 pages