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Company:
MGM Resorts International
Plan:
The MGM Resorts 401k Savings Plan
 

MGM Resorts International

57 Plan: The MGM Resorts 401k Savings Plan

 
 
57
42
67
89
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 32 point difference between this plan's BrightScope Rating (57) and the top rated plan (89) could equate to:
[How is this calculated?]
17 additional years of work
Up to $167,200 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

The MGM Resorts 401k Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 57. This plan is in the top 15% of plans for Total Plan Cost. The MGM Resorts 401k Savings Plan currently has over 40,600 active participants and over $1.1B in plan assets.


 Investment Menu Statistics

No. of Investment Options
14
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Prudential Stable Value 21%
2. MFS Research International 14%
3. MFS Massachusetts Investors Growth Stock 9%

 Retirement Plan Details

Address 4886 Frank Sinatra Drive
Las Vegas, NV 89158-4316 
Industry Arts, Entertainment, and Recreation
Administrator Julie Donohue
Net Plan Assets $1,140,000,000
Total Participants 41,000
Avg Account Balance $45,000

  Plan Service Providers

Insurance Carrier Prudential
Investment Adviser AXA Equitable
Consultant AXA Equitable
Administration First Eagle Investment Management, LLC
Legal Counsel Roberts & Holland LLP
Recordkeeper Prudential
Recordkeeper Hartford
Auditor Deloitte & Touche, LLP