401(k) · DOL Form 5500 · 2023

Palace Sports & Entertainment, LLC 401(k) Plan

Data updated 2026-08-25

$33M
Total assets Below avg plan size
466
Participants Below avg headcount
80th
Percentile by assets National rank
$69,748
Avg per participant Below avg balance/head
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Official DOL plan name: Palace Employees 401(k) Savings Plan · Sponsored by Palace Sports & Entertainment, LLC · Michigan · Arts, Entertainment & Recreation

$33M in assets, 466 participants

Palace Sports & Entertainment, LLC's Palace Employees 401(k) Savings Plan reported $33M in total assets and 466 participants in its 2023 DOL Form 5500 filing, ranking in the 80th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #2,595 in Arts, Entertainment & Recreation (2,945 peers)

Where Palace Employees 401(k) Savings Plan sits by assets

Palace Employees 401(k) Savings Plan sits in the top quartile of all filed plans by assets, $33M for 466 participants (~$69,748/participant), up 20.3% in 2023.

#2,595
in Arts, Entertainment & Recreation (2,945 peers)
+20.3%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Palace Employees 401(k) Savings Plan's outsized position by total assets

Palace Employees 401(k) Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$32,502,400 Top 20% higher than 80% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Palace Employees 401(k) Savings Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Palace Employees 401(k) Savings Plan sits mid-pack in the medium band (466 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Palace Employees 401(k) Savings Plan reported net income rose from -$5M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Palace Employees 401(k) Savings Plan end-of-year assets rose from $27M in the plan year 2022 filing to $33M in the plan year 2023 filing.
  • Palace Employees 401(k) Savings Plan reported participants rose from 429 in the plan year 2022 filing to 466 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 382670394 · Palace Sports & Entertainment, LLC PY 2023 · 401(k)

Palace Employees 401(k) Savings Plan · $33M · 466 · 80th

  • RANK $33M
  • RANK 466
  • RANK 80th
  • RANK 401(k)
  • RANK near Pac Worldwide Corporation 401(k) Profit Sharing Plan
  • RANK ind #2595

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Arts, Entertainment & Recreation retirement plans → · Plans in Michigan →

Palace Employees 401(k) Savings Plan in the asset neighbourhood

Pac Worldwide Corporation 401(k) Profit Sharing PlanPac Worldwide Corporation 40…$33MLamp Rynearson, Inc. 401(k) Profit Sharing Plan and TrustLamp Rynearson, Inc. 401(k) …$33MPepin Distributing Company, LLC Savings and Retirement PlanPepin Distributing Company, …$33MPalace Employees 401(k) Savings PlanPalace Employees 401(k) Savi…$33MKenney Manufacturing Company 401(k) PlanKenney Manufacturing Company…$32M
End-of-year total assets ($M) among Palace Employees 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$33M
Net Income$5M
Employer EIN382670394
Plan Effective Date2011-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Palace Sports & Entertainment, LLC)

Sponsor-wide plan assets over time

All Palace Sports & Entertainment, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$35M 28.484724459016547% vs 2022
2024 filing year
$25M$30M$35M$40M 202220232024 $27M $34.7M ▲ +28.5%
Year Plans Participants Total Assets
2022 1 429 $27M
2023 1 466 $33M
2024 1 519 $35M

Nearby 401(k) Plans in Michigan

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Palace Employees 401(k) Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Palace Employees 401(k) Savings Plan, Total assets ($B): 0.0325024 · Participants: 466Palace Employees 401(k) Savings PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 8.580684909 · Participants: 40393The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 7.617084451 · Participants: 59195Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Palace Employees 401(k) Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Palace Employees 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Pac Worldwide Corporation 401(k) Profit Sharing Plan in WA ($33M); by covered participants it is New Directions Retirement Savings Plan for Family Care Network in WA (466 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (466 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Palace Employees 401(k) Savings Plan assets move in 2023?
Palace Employees 401(k) Savings Plan grew sharply - up 20.3% during 2023, from $27M to $33M. Reported net income was $5M.
How have Palace Sports & Entertainment, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Palace Sports & Entertainment, LLC's sponsor-wide assets grew 28.5%, from $27M to $35M.
Where does Palace Employees 401(k) Savings Plan rank by assets among Form 5500 filers?
Palace Employees 401(k) Savings Plan ranks in the 80th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Palace Employees 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Pac Worldwide Corporation 401(k) Profit Sharing Plan in WA ($33M, 1,091 participants).
Which 401(k) plans cover a similar participant headcount to Palace Employees 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is New Directions Retirement Savings Plan for Family Care Network in WA (466 participants, $93M in assets).