Hollywood Park Management Company, LLC 401(k) Review & Grade
Hollywood Park Management Company 401(k) Plan
Columbia, MOReal Estate & Rental884 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,058Employer $ per active participant
$1,759Employee $ saved per active participant
0.09%Direct admin cost, % of plan assets
$11.3MNet plan assets, end of year
$12,001Average balance per account
Score breakdown
- Employer generosity21.7 / 5043th percentile for employer $ per participant
- Low cost18.9 / 2576th percentile for low admin cost vs. same-size plans
- Employee saving3.2 / 1521th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score44 / 100 · Grade D
This plan vs. peers
Peers: Real Estate & Rental plans with 500–2,499 active participants (291 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 43th |
| Lower admin cost | 76th |
| Employee saving | 21th |
| Peers that auto-enroll | 47% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($56,521 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- Hollywood Park Management Company put in about $1,058 per active participant, below the typical peer ($1,279). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $934,736 |
| Participant (employee) contributions | $1,554,227 |
| Other contributions (incl. rollovers in) | $257,163 |
| Administrative expenses paid from the plan | $9,510 |
| Investment advisory & management fees | $4,174 |
| Benefits paid out | $2,046,874 |
| Net assets, start / end of year | $9.2M / $11.3M |
| Active participants, start / end of year | 857 / 910 |
| Participants with account balances | 939 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Pension Assurance LLP |
Largest service providers (Schedule C)
| Guideline, Inc. | $8,261 reported compensation |
| Benefit Trust Company | $8,169 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015160857NAL0005378897014, received 2025-10-15, EIN 83-1978756, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.