Employers › MGM Resorts International
Recordkeeping fees per participant · The MGM Resorts 401(k) Savings Plan · plan year 2024
$51.12
Higher than 84% of the 790 plans over $1B that report it.
= $1,458,621 / 28,535
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251008104625NAL0002932243001, received 2025-10-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008104625NAL0002932243001, received 2025-10-08
Percentiles compare this plan with the Schedule H plans over $1B 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 2025-10-08.
Administrative expenses excluding investment management, per participant
$86.55
Higher than 87% of the 1,045 plans over $1B that report it.
= $2,469,740 / 28,535
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251008104625NAL0002932243001, received 2025-10-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008104625NAL0002932243001, received 2025-10-08
Administrative expenses per participant
$86.55
Higher than 62% of the 1,076 plans over $1B that report it.
= $2,469,740 / 28,535
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251008104625NAL0002932243001, received 2025-10-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008104625NAL0002932243001, received 2025-10-08
Administrative expenses as a share of assets
0.110%
Higher than 90% of the 1,076 plans over $1B that report it.
= $2,469,740 / $2,241,956,368
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251008104625NAL0002932243001, received 2025-10-08
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251008104625NAL0002932243001, received 2025-10-08
Employer contributions per participant
$1,171
Higher than 7% of the 1,135 plans over $1B that report it.
= $33,408,834 / 28,535
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251008104625NAL0002932243001, received 2025-10-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008104625NAL0002932243001, received 2025-10-08
Employer share of total contributions
18.6%
Higher than 8% of the 1,135 plans over $1B that report it.
= $33,408,834 / $179,853,064
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251008104625NAL0002932243001, received 2025-10-08
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251008104625NAL0002932243001, received 2025-10-08
Plan terms are described in MGM Resorts International's SEC filings: Form 10-K filed 2026-02-11. No term could be quoted from them with the required precision.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2R participant brokerage window · 2T default investment (QDIA) · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251008104625NAL0002932243001, received 2025-10-08
| Field | Value | Source |
|---|---|---|
| Plan sponsor | MGM RESORTS INTERNATIONAL | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251008104625NAL0002932243001, received 2025-10-08 |
| Plan name | THE MGM RESORTS 401(K) SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251008104625NAL0002932243001, received 2025-10-08 |
| Sponsor EIN / plan number | 88-0215232 / 002 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251008104625NAL0002932243001, received 2025-10-08 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251008104625NAL0002932243001, received 2025-10-08 |
| Sponsor location | LAS VEGAS, NV | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251008104625NAL0002932243001, received 2025-10-08 |
| Industry (business code) | 713200, Arts, entertainment, and recreation | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251008104625NAL0002932243001, received 2025-10-08 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251008104625NAL0002932243001, received 2025-10-08 |
| Filing received | 2025-10-08 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251008104625NAL0002932243001, received 2025-10-08 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251008104625NAL0002932243001, received 2025-10-08 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251008104625NAL0002932243001, received 2025-10-08 |
| Participants, beginning of year | 43,773 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251008104625NAL0002932243001, received 2025-10-08 |
| Active participants | 37,717 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251008104625NAL0002932243001, received 2025-10-08 |
| Participants, end of year | 43,365 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251008104625NAL0002932243001, received 2025-10-08 |
| Participants with an account balance | 28,535 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008104625NAL0002932243001, received 2025-10-08 |
| Total assets, beginning of year | $2,011,179,190 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251008104625NAL0002932243001, received 2025-10-08 |
| Total assets, end of year | $2,241,956,368 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251008104625NAL0002932243001, received 2025-10-08 |
| Net assets, end of year | $2,241,956,368 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251008104625NAL0002932243001, received 2025-10-08 |
| Total income | $459,985,479 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251008104625NAL0002932243001, received 2025-10-08 |
| Net income | $230,777,178 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251008104625NAL0002932243001, received 2025-10-08 |
| Employer contributions | $33,408,834 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251008104625NAL0002932243001, received 2025-10-08 |
| Participant contributions | $135,844,067 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251008104625NAL0002932243001, received 2025-10-08 |
| Other contributions (incl. rollovers) | $10,600,163 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251008104625NAL0002932243001, received 2025-10-08 |
| Total contributions | $179,853,064 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251008104625NAL0002932243001, received 2025-10-08 |
| Benefit payments | $225,653,741 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251008104625NAL0002932243001, received 2025-10-08 |
| Total expenses (incl. benefit payments) | $229,208,301 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251008104625NAL0002932243001, received 2025-10-08 |
| Total administrative expenses | $2,469,740 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251008104625NAL0002932243001, received 2025-10-08 |
| Contract administrator fees | $0 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251008104625NAL0002932243001, received 2025-10-08 |
| Recordkeeping fees | $1,458,621 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251008104625NAL0002932243001, received 2025-10-08 |
| IQPA audit fees | $41,000 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251008104625NAL0002932243001, received 2025-10-08 |
| Investment advisory and management fees | $0 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251008104625NAL0002932243001, received 2025-10-08 |
| Administrative expenses excluding investment management | $2,469,740 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251008104625NAL0002932243001, received 2025-10-08 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251008104625NAL0002932243001, received 2025-10-08 |
| Held in common/collective trusts | $1,468,246,414 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251008104625NAL0002932243001, received 2025-10-08 |
| Held in mutual funds | $299,600,316 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251008104625NAL0002932243001, received 2025-10-08 |
| Independent auditor | AUDIT AND TAX SOLUTIONS, CPAS, INC. | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251008104625NAL0002932243001, received 2025-10-08 |
Position = column in the DOL layout for form year 2024. Filing 20251008104625NAL0002932243001, received 2025-10-08.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY Orecordkeeper | RECORDKEEPER | 64 Recordkeeping fees | $1,458,621 | yes |
| UBS FINANCIAL SERVICES INC | INVESTMENT ADVISOR | 27 Investment advisory (plan) | $243,750 | no |
| ROBERTS & HOLLAND LLP | ATTORNEY | 29 Legal | $196,920 | no |
| AUDIT AND TAX SOLUTIONS CPAS, INC | AUDITOR | 10 Accounting (including auditing) | $41,000 | 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 20251008104625NAL0002932243001, received 2025-10-08.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $2,011,179,190 | $2,241,956,368 | 11.5% |
| Participants with a balance | 28,434 | 28,535 | 0.4% |
| Administrative expenses | $2,252,983 | $2,469,740 | 9.6% |
| Recordkeeping fees per participant | not reported | $51.12 | |
| Employer contributions | $31,430,784 | $33,408,834 | 6.3% |
Prior filing 20241010162427NAL0010253107001, received 2024-10-10; the plan years are contiguous.
Sponsor name as filed: MGM RESORTS INTERNATIONAL; SEC registrant: MGM Resorts International (CIK 789570, matched by EIN; display name from the Form 10-K cover).