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 (35)
Average in Peer Group (55)
Highest in Peer Group (88)

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 58. This plan is in the top 35% of plans for Total Plan Cost. The MGM Resorts 401k Savings Plan currently has over 45,300 active participants and over $1.2B in plan assets.

Did you know?

For the average 401k participant, the 30 point difference between this plan's BrightScope Rating (58) and the top rated plan (88) could equate to:
16
Additional years of work
150,227
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 12/31/2014
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 840 Grier Drive
  • Location
    Las Vegas , NV
  • 89119
  • Industry
    Arts, Entertainment, and Recreation
  • Administrator
    Julie Donohue
  • Net Plan Assets
    $1,180,000,000
  • Total Participants
    45,000
  • Avg Account Balance
    $45,000

Plan Components

Component Ratings

Design

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

Performance

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

Design

Total Plan Cost:
High Fees
Company Generosity:
Poor

Performance

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

Investment Menu Stats

# of Investment Options

14

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Prudential Stable Value 21%
N/A
MFS Massachusetts Investors Growth Stock 13%
4%
MFS Research International 9%
55%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Insurance Carrier
Prudential
Consultant
UBS Financial Services, Inc.
Administration
Prudential
Recordkeeper
Prudential
Legal Counsel
Robert & Holland
Auditor
Deloitte & Touche, LLP

Articles and Questions

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