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Benchmarking New Palace Casino 401(K) Plan in Biloxi, MS against
neutral (4)
New Palace Casino 401(K) Plan in Biloxi, MS has the 4th-most active participants at the end of the plan year (752) of the 22 plans within 50 miles. Those 752 compare to an average of 469.7 across the 22 plans.
- active participants at the end of the plan year. Total number of active participants at the end of the plan year, Line 6a(2) in Form 5500. Except where noted, all data come from the 25-Mar-2022 updates to the year-2020 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
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within 50 miles.
- The Latitude and Longitude data used by this application were obtained from the Google Map's geolocation API service.
- In rare cases, the geolocation isn't found, typically because a street address is missing or incorrect, a zipcode isn't correct or omits a leading zero, or other detail. In such rare cases, the Google Maps service was used manually to identify the correct or likely office latitude and longtidue, with a preference to physical addresses rather than mailing addresses such as a post office box.
New Palace Casino 401(K) Plan in Biloxi, MS is in Mississippi, is in the Southern states, its EIN is 640883200, its industry group is Traveler Accommodation, its plan administrator is Daniel Cook, a profit-sharing plan, covered by a fidelity bond, an ERISA section 404(c) plan, self-administered by the plan sponsor, is a single-employer plan, has total assets of $10M to $50M, has 500 to 999 total participants, is worse than the overall participant averages in each of net income per active participant, average account balance, active-participant contributions per head, and employer contributions per active participant (4 total), and is higher than the overall administrative medians in each of other administrative expenses, total administrative expenses, and total administrative expense ratio.
Global References
Numeric values:
- total assets ($14.80M)
- net assets (assets minus liabilities) ($14.80M)
- value of interest in common/collective trusts ($9,218,556)
- value of interest in registered investment companies (e.g., mutual funds) ($4.30M)
- total income ($2,956,224)
- total expenses ($2,152,541)
- total contributions ($1,156,320)
- net income ($803,683)
- cash contributions from participants ($740,423)
- interest-bearing cash (e.g., money market accounts, certificates of deposit) ($658,763)
- participant loans ($584,793)
- cash contributions from employers ($398,324)
- other administrative expenses ($70,731)
- total administrative expenses ($70,731)
- average account balance ($18,999)
- net income per active participant ($1,069)
- average participant cash contribution per active participant ($984.60)
- average employer cash contribution per active participant ($529.70)
- total administrative expense per participant ($90.80)
- total noninterest-bearing cash ($0)
- receivables employer contributions ($0)
- receivables participant contributions ($0)
- other receivables (not employer nor participant contributions) ($0)
- U.S. government securities ($0.0K)
- corporate debt instruments (preferred & other than employer securities) ($0)
- corporate debt instruments (below preferred & other than employer securities) ($0)
- corporate preferred stocks (other than employer securities) ($0)
- corporate common stocks (other than employer securities) ($0)
- partnership/joint venture interests ($0)
- real estate (other than employer real property) ($0)
- loans (other than to participants) ($0)
- value of interest in pooled separate accounts ($0)
- value of interest in master trust investment accounts ($0.0K)
- value of interest in 103-12 investment entities ($0)
- value of funds held in insurance company general account (unallocated contracts) ($0)
- other general investments ($0)
- employer-related securities investments ($0)
- employer-related real-property investments ($0)
- buildings and other property used in plan operation ($0)
- total liabilities ($0)
- professional fees ($0)
- contract administrator fees ($0)
- investment advisory and management fees ($0)
- percentage of active participants at the end of the plan year (96.5%)
- diversity of asset types (29.0%)
- participant loans as a percentage of plan assets (3.95%)
- total administrative expense ratio (0.480%)
- employer securities as a percentage of plan assets (0.00%)
- active participants at the end of the plan year (752)
- living participants (779)
- other retired or separated participants entitled to future benefits (27)
- total participants (779)
Global References