Betmgm 401(K) Plan — Form 5500 plan (Betmgm, LLC)
Plain-English plan 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, Betmgm 401(K) Plan is a benefit plan reported by Betmgm, LLC under EIN 83-1679867 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,033 participants and $23,767,044 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$23.8MPlan net assets, end of year$23,767,044
Participants1KCovered participants reported1,033
Assets / participant$23KComputed: assets ÷ participants$23,008 (computed)
Provider compensation$72.5K2 Schedule C provider row(s)$72,483
- Plan sponsor
- Betmgm, LLC
- EIN
- 83-1679867
- Plan number
- 001
- Plan type
- 2
- Location
- Jersey City, NJ
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,033 | H, C | 20241015081230NAL0027805857002 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$23.8M total assets
Net assets$23.8MLiabilities—
Full reported line items
Net assets
- Total assets (EOY)
- $23,767,044
- Net assets (EOY)
- $23,767,044
- Net assets (BOY)
- $11,090,418
Income & contributions
- Employer contributions
- $2,797,185
- Participant contributions
- $5,692,595
- Total contributions
- $11,420,268
- Total income / additions
- $14,252,420
Expenses & distributions
- Benefits paid
- $1,428,233
- Administrative expenses
- $74,804
- Total expenses
- $1,575,794
- Net increase / (decrease)
- $12,676,626
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
33%67%
Employer 33%Participant 67%
Total expenses ÷ net assets7%Computed ratio
Benefits paid ÷ total income10%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Transamerica Financial Life Ins Co | RECORD KEEPER | $66,342 | $0 | 2023 |
| Captrust Financial Advisors | INVESTMENT ADVISORY | $6,141 | not reported in the loaded dataset | 2023 |