Employers › PENN Entertainment
Recordkeeping fees per participant · Penn Entertainment, Inc. 401(k) Plan · plan year 2024
$45.54
Higher than 44% of the 1,697 plans $250M to 1B that report it.
= $1,054,023 / 23,143
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250915142022NAL0000744611001, received 2025-09-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250915142022NAL0000744611001, received 2025-09-15
Percentiles compare this plan with the Schedule H plans $250M to 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 2025-09-15.
Administrative expenses excluding investment management, per participant
$45.54
Higher than 27% of the 2,324 plans $250M to 1B that report it.
= $1,054,023 / 23,143
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250915142022NAL0000744611001, received 2025-09-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250915142022NAL0000744611001, received 2025-09-15
Administrative expenses per participant
$48.61
Higher than 20% of the 2,405 plans $250M to 1B that report it.
= $1,125,023 / 23,143
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250915142022NAL0000744611001, received 2025-09-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250915142022NAL0000744611001, received 2025-09-15
Administrative expenses as a share of assets
0.162%
Higher than 86% of the 2,407 plans $250M to 1B that report it.
= $1,125,023 / $693,963,424
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250915142022NAL0000744611001, received 2025-09-15
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250915142022NAL0000744611001, received 2025-09-15
Employer contributions per participant
$760
Higher than 5% of the 2,457 plans $250M to 1B that report it.
= $17,598,912 / 23,143
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250915142022NAL0000744611001, received 2025-09-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250915142022NAL0000744611001, received 2025-09-15
Employer share of total contributions
26.1%
Higher than 34% of the 2,459 plans $250M to 1B that report it.
= $17,598,912 / $67,533,032
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250915142022NAL0000744611001, received 2025-09-15
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250915142022NAL0000744611001, received 2025-09-15
Employer match
“The Company makes a discretionary match contribution, where applicable, of 50% of employees’ elective salary deferrals, up to a maximum of 6% of eligible employee compensation.”
Form 10-K filed 2026-02-26, 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) · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250915142022NAL0000744611001, received 2025-09-15
| Field | Value | Source |
|---|---|---|
| Plan sponsor | PENN ENTERTAINMENT, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250915142022NAL0000744611001, received 2025-09-15 |
| Plan name | PENN ENTERTAINMENT, INC. 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250915142022NAL0000744611001, received 2025-09-15 |
| Sponsor EIN / plan number | 23-2234473 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250915142022NAL0000744611001, received 2025-09-15 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250915142022NAL0000744611001, received 2025-09-15 |
| Sponsor location | WYOMISSING, PA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250915142022NAL0000744611001, received 2025-09-15 |
| Industry (business code) | 713200, Arts, entertainment, and recreation | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250915142022NAL0000744611001, received 2025-09-15 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250915142022NAL0000744611001, received 2025-09-15 |
| Filing received | 2025-09-15 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250915142022NAL0000744611001, received 2025-09-15 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250915142022NAL0000744611001, received 2025-09-15 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250915142022NAL0000744611001, received 2025-09-15 |
| Participants, beginning of year | 27,917 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250915142022NAL0000744611001, received 2025-09-15 |
| Active participants | 19,862 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250915142022NAL0000744611001, received 2025-09-15 |
| Participants, end of year | 28,522 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250915142022NAL0000744611001, received 2025-09-15 |
| Participants with an account balance | 23,143 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250915142022NAL0000744611001, received 2025-09-15 |
| Total assets, beginning of year | $609,160,530 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250915142022NAL0000744611001, received 2025-09-15 |
| Total assets, end of year | $693,963,424 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250915142022NAL0000744611001, received 2025-09-15 |
| Net assets, end of year | $693,963,424 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250915142022NAL0000744611001, received 2025-09-15 |
| Total income | $156,888,068 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250915142022NAL0000744611001, received 2025-09-15 |
| Net income | $84,802,894 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250915142022NAL0000744611001, received 2025-09-15 |
| Employer contributions | $17,598,912 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250915142022NAL0000744611001, received 2025-09-15 |
| Participant contributions | $44,052,288 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250915142022NAL0000744611001, received 2025-09-15 |
| Other contributions (incl. rollovers) | $5,881,832 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250915142022NAL0000744611001, received 2025-09-15 |
| Total contributions | $67,533,032 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250915142022NAL0000744611001, received 2025-09-15 |
| Benefit payments | $70,964,400 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250915142022NAL0000744611001, received 2025-09-15 |
| Total expenses (incl. benefit payments) | $72,085,174 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250915142022NAL0000744611001, received 2025-09-15 |
| Total administrative expenses | $1,125,023 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250915142022NAL0000744611001, received 2025-09-15 |
| Contract administrator fees | $0 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250915142022NAL0000744611001, received 2025-09-15 |
| Recordkeeping fees | $1,054,023 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250915142022NAL0000744611001, received 2025-09-15 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250915142022NAL0000744611001, received 2025-09-15 |
| Investment advisory and management fees | $71,000 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250915142022NAL0000744611001, received 2025-09-15 |
| Administrative expenses excluding investment management | $1,054,023 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250915142022NAL0000744611001, received 2025-09-15 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250915142022NAL0000744611001, received 2025-09-15 |
| Held in common/collective trusts | $359,714,996 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250915142022NAL0000744611001, received 2025-09-15 |
| Held in mutual funds | $259,057,341 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250915142022NAL0000744611001, received 2025-09-15 |
| Independent auditor | BAKER TILLY US, LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250915142022NAL0000744611001, received 2025-09-15 |
Position = column in the DOL layout for form year 2024. Filing 20250915142022NAL0000744611001, received 2025-09-15.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY Orecordkeeper | NONE | 64 Recordkeeping fees; 50 Direct payment from the plan; 37 Participant loan processing; 15 Recordkeeping and information management | $1,054,023 | yes |
| RAYMOND JAMES & ASSOCIATES INC | NONE | 27 Investment advisory (plan); 50 Direct payment from the plan | $71,000 | 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 20250915142022NAL0000744611001, received 2025-09-15.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $609,160,530 | $693,963,424 | 13.9% |
| Participants with a balance | 21,687 | 23,143 | 6.7% |
| Administrative expenses | $1,046,142 | $1,125,023 | 7.5% |
| Recordkeeping fees per participant | $45.24 | $45.54 | 0.7% |
| Employer contributions | $15,657,754 | $17,598,912 | 12.4% |
Prior filing 20241003094228NAL0016782448001, received 2024-10-03; the plan years are contiguous.
Sponsor name as filed: PENN ENTERTAINMENT, INC.; SEC registrant: PENN Entertainment, Inc. (CIK 921738, matched by EIN; display name from the Form 10-K cover).