Palace Sports & Entertainment, LLC

58
Form 5500 Data

Overview

Plan Rating

BrightScope Rating
58
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (29)
Average in Peer Group (60)
Highest in Peer Group (86)

Plan Description

Palace Employees 401k Savings Plan is a defined contribution plan with a 401k feature. This plan has a BrightScope Rating of 58. This plan is in the top 35% of plans for Total Plan Cost. Palace Employees 401k Savings Plan currently has over 700 active participants and over $23.7M in plan assets.

Did you know?

For the average 401k participant, the 28 point difference between this plan's BrightScope Rating (58) and the top rated plan (86) could equate to:
13
Additional years of work
194,539
Lost 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. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2013
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address Six Championship Drive
  • Location
    Auburn Hills , MI
  • 48326
  • Industry
    Arts, Entertainment, and Recreation
  • Administrator
    Julie Moore
  • Net Plan Assets
    $23,700,000
  • Total Participants
    740
  • Avg Account Balance
    $48,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Low Fees
Company Generosity:
Average

Performance

Participation Rate:
Below Avg.
Salary Deferrals:
Below Avg.
Account Balance:
Average

Design

Total Plan Cost:
Low Fees
Company Generosity:
Below Avg.

Performance

Participation Rate:
Poor
Salary Deferrals:
Below Avg.
Account Balance:
Average
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Investments

Investment Menu Stats

# of Investment Options

23

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Wells Fargo Stable Value 13%
N/A
JPMorgan SmartRetirement 13%
47%
Fidelity 500 Index 10%
10%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Recordkeeper
Fidelity
Auditor
Plante & Moran, PLLC