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
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    1,033 participants · 2Sch HSch C
    View filing →
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
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

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.

Contribution share (employer vs. participant)
Employer 33%Participant 67%
Total expenses ÷ net assets7%Computed ratio
Benefits paid ÷ total income10%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    RECORD KEEPER · Direct $66.3K · Indirect $0
  2. 2
    INVESTMENT ADVISORY · Direct $6.1K

Related Form 5500 pages