Employers › Churchill Downs
Recordkeeping fees per participant · Churchill Downs Incorporated 401(k) Retirement Plan · plan year 2024
$53.66
Higher than 38% of the 5,847 plans $50 to 250M that report it.
= $198,226 / 3,694
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251010145949NAL0007909041001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010145949NAL0007909041001, received 2025-10-10
Percentiles compare this plan with the Schedule H plans $50 to 250M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-10.
Administrative expenses excluding investment management, per participant
$57.38
Higher than 28% of the 8,758 plans $50 to 250M that report it.
= $211,976 / 3,694
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251010145949NAL0007909041001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010145949NAL0007909041001, received 2025-10-10
Administrative expenses per participant
$60.77
Higher than 20% of the 9,042 plans $50 to 250M that report it.
= $224,470 / 3,694
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251010145949NAL0007909041001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010145949NAL0007909041001, received 2025-10-10
Administrative expenses as a share of assets
0.107%
Higher than 40% of the 9,049 plans $50 to 250M that report it.
= $224,470 / $209,821,882
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251010145949NAL0007909041001, received 2025-10-10
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251010145949NAL0007909041001, received 2025-10-10
Employer contributions per participant
$1,908
Higher than 30% of the 9,105 plans $50 to 250M that report it.
= $7,048,572 / 3,694
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251010145949NAL0007909041001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010145949NAL0007909041001, received 2025-10-10
Employer share of total contributions
25.1%
Higher than 35% of the 9,112 plans $50 to 250M that report it.
= $7,048,572 / $28,045,983
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251010145949NAL0007909041001, received 2025-10-10
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251010145949NAL0007909041001, received 2025-10-10
Employer match
“We match contributions made by employees up to 3% of the employee’s annual compensation and match at 50% any contributions made by the employee up to an additional 2% of compensation with certain limits.”
Form 10-K filed 2026-02-25, for the year ended 2025-12-31 · benefits note, 10-K benefits note · source document
Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3D IRS pre-approved plan · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251010145949NAL0007909041001, received 2025-10-10
| Field | Value | Source |
|---|---|---|
| Plan sponsor | CHURCHILL DOWNS INCORPORATED | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251010145949NAL0007909041001, received 2025-10-10 |
| Plan name | CHURCHILL DOWNS INCORPORATED 401(K) RETIREMENT PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251010145949NAL0007909041001, received 2025-10-10 |
| Sponsor EIN / plan number | 61-0156015 / 003 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251010145949NAL0007909041001, received 2025-10-10 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251010145949NAL0007909041001, received 2025-10-10 |
| Sponsor location | LOUISVILLE, KY | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251010145949NAL0007909041001, received 2025-10-10 |
| Industry (business code) | 713200, Arts, entertainment, and recreation | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251010145949NAL0007909041001, received 2025-10-10 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251010145949NAL0007909041001, received 2025-10-10 |
| Filing received | 2025-10-10 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251010145949NAL0007909041001, received 2025-10-10 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251010145949NAL0007909041001, received 2025-10-10 |
| Amended filing | yes | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251010145949NAL0007909041001, received 2025-10-10 |
| Participants, beginning of year | 8,531 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251010145949NAL0007909041001, received 2025-10-10 |
| Active participants | 9,488 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251010145949NAL0007909041001, received 2025-10-10 |
| Participants, end of year | 10,219 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251010145949NAL0007909041001, received 2025-10-10 |
| Participants with an account balance | 3,694 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010145949NAL0007909041001, received 2025-10-10 |
| Total assets, beginning of year | $171,574,328 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251010145949NAL0007909041001, received 2025-10-10 |
| Total assets, end of year | $209,821,882 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251010145949NAL0007909041001, received 2025-10-10 |
| Net assets, end of year | $209,821,882 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251010145949NAL0007909041001, received 2025-10-10 |
| Total income | $52,612,682 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251010145949NAL0007909041001, received 2025-10-10 |
| Net income | $38,247,554 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251010145949NAL0007909041001, received 2025-10-10 |
| Employer contributions | $7,048,572 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251010145949NAL0007909041001, received 2025-10-10 |
| Participant contributions | $14,247,700 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251010145949NAL0007909041001, received 2025-10-10 |
| Other contributions (incl. rollovers) | $6,749,711 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251010145949NAL0007909041001, received 2025-10-10 |
| Total contributions | $28,045,983 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251010145949NAL0007909041001, received 2025-10-10 |
| Benefit payments | $14,119,590 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251010145949NAL0007909041001, received 2025-10-10 |
| Total expenses (incl. benefit payments) | $14,365,128 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251010145949NAL0007909041001, received 2025-10-10 |
| Total administrative expenses | $224,470 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251010145949NAL0007909041001, received 2025-10-10 |
| Contract administrator fees | $0 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251010145949NAL0007909041001, received 2025-10-10 |
| Recordkeeping fees | $198,226 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251010145949NAL0007909041001, received 2025-10-10 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251010145949NAL0007909041001, received 2025-10-10 |
| Investment advisory and management fees | $12,494 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251010145949NAL0007909041001, received 2025-10-10 |
| Administrative expenses excluding investment management | $211,976 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251010145949NAL0007909041001, received 2025-10-10 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251010145949NAL0007909041001, received 2025-10-10 |
| Held in common/collective trusts | $27,306,290 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251010145949NAL0007909041001, received 2025-10-10 |
| Held in mutual funds | $170,624,761 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251010145949NAL0007909041001, received 2025-10-10 |
| Independent auditor | DEAN DORTON | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251010145949NAL0007909041001, received 2025-10-10 |
Position = column in the DOL layout for form year 2024. Filing 20251010145949NAL0007909041001, received 2025-10-10.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 64 Recordkeeping fees; 65 Account maintenance fees | $198,226 | yes |
| GLOBABL RETIREMENT PARTNERS, LLC | INVESTMENT ADVISOR | 27 Investment advisory (plan) | $13,750 | no |
| STRATEGIC ADVISORS, INC. | ADVISOR | 27 Investment advisory (plan) | $12,494 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251010145949NAL0007909041001, received 2025-10-10.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $171,574,328 | $209,821,882 | 22.3% |
| Participants with a balance | 3,520 | 3,694 | 4.9% |
| Administrative expenses | $224,317 | $224,470 | 0.1% |
| Recordkeeping fees per participant | $45.60 | $53.66 | 17.7% |
| Employer contributions | $5,110,877 | $7,048,572 | 37.9% |
Prior filing 20250911160008NAL0000528880001, received 2025-09-11; the plan years are contiguous.
Sponsor name as filed: CHURCHILL DOWNS INCORPORATED; SEC registrant: Churchill Downs Inc (CIK 20212, matched by EIN; display name from the Form 10-K cover).