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Original filing (PDF)20251015105940NAL0009217266001
PARK PLACE OPERATIONS, INC.
Form 5500
FILING_RECEIVED
PARK PLACE OPERATIONS, INC. 401(K) PLAN
401(k) retirement plan
Signals · 1
77% in single holding
Active participants
1,006
Accounts w/ balance
250
Plan assets (EOY)
$16.6M
Net assets (EOY)
$16.6M
How this plan invests
This plan
2 pooled trusts
Schedule D
6 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
81
/ 100
Grade B
Above-average plan
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
75
Total plan cost
65
Vendor stack
100
Participation health
65
Knocking points off
- Top holding "2023 Ending net assets for benefits per financial statements" is 77% of plan.
- 50 bps in Schedule C fees — 73% above peer band of 29 bps.
- Only 25% as many balances as active participants — suggests many active employees aren't deferring.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for PARK PLACE OPERATIONS, INC..
Plan sponsor
Name
PARK PLACE OPERATIONS, INC.
EIN
58-1202840
Address
250 WEST COURT STREET · SUITE 200E · CINCINNATI, OH · 45202
Phone
(513) 241-0415
Industry
Other Services (ex. Public Admin)see all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-15
Pension benefit codes
2F · ERISA section 404(c)
2J · 401(k) feature
2K · 401(m) arrangement
2T · Default investment account (QDIA)
3H · Sponsor in controlled / affiliated group
2G · Total participant-directed accounts
3D · Pre-approved plan (master / prototype / VS)
Audit & trust (Schedule H)
Auditor
BARNES, DENNIG & CO., LTD
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
3 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | 04-2647786 | — | RECORDKEEPER | $40K | — |
Advisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| COMMONWEALTH FINANCIAL NETWORK | 04-2675571 | — | ADVISOR | $32K | — |
Accountant / Auditor
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| BARNES, DENNIG & CO., LTD | 31-1119890 | — | ACCOUNTANT | $12K | — |
Investments
6 direct securities · 2 pooled funds· $19.9M(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Uncategorized
$18.9M
6 holdings
Common Collective Trust
$1.1M
2 holdings
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| 2023 Ending net assets for benefits per financial statements | — | — | $16.7M | $14.6M | 87.6% | |
| Net change in net assets available for benefits per Form 5500 | — | — | — | $2.1M | 12.7% | |
| 2024 Net change in net assets available for benefits per financial statements | — | — | — | $2.1M | 12.6% | |
| FA STABLE VALUE I FIDELITY MANAGEMENT TRUST COMPANY · EIN 04-3022712 / PN 026 | Common Collective Trust | — | — | $588K | 3.5% | |
| PUTN LARGE CP VAL R1 GREAT GRAY TRUST COMPANY, LLC · EIN 38-4065329 / PN 426 | Common Collective Trust | — | — | $494K | 3.0% | |
| Change in employee contribution receivable | — | — | — | $31K | 0.2% | |
| Excess contributions refundable - | — | — | — | $15K | <0.1% | |
| Change in employer contribution receivable | — | — | — | $8K | <0.1% |
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