401(k) · DOL Form 5500 · 2024

Smgha Nevada, LLC 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets: 1,973
Participants Near avg headcount: 56th
Percentile by assets National rank: $5,112
Avg per participant Low balance/head

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Official DOL plan name: Palms 401(k) Savings Plan · Sponsored by Smgha Nevada, LLC · Nevada · Food Services & Accommodation

$10M in assets, 1,973 participants

Smgha Nevada, LLC's Palms 401(k) Savings Plan reported $10M in total assets and 1,973 participants in its 2024 DOL Form 5500 filing, ranking in the 56th 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.

#3,121 in Food Services & Accommodation (3,672 peers)

Coverage in Nevada

Palms 401(k) Savings Plan covers 1,973 participants in Nevada, 3.1x the typical Nevada plan (state average ~636 per filing). Assets: $10M.

#3,121
in Food Services & Accommodation (3,672 peers): +62.5%
assets growth YoY

Palms 401(k) Savings Plan's mid-pack asset rank among Food Services & Accommodation and all filers

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

End-of-year total assets · plan year 2024 · DOL Form 5500

$10,085,371 Top 44% higher than 56% of 123,620 filed plans

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

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Palms 401(k) Savings Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Palms 401(k) Savings Plan lands in the large band (1,973 participants).

Micro (1-10) 33,766 filings (27%) Small (11-100) 26,107 filings (21%) Medium (101-1,000) 54,251 filings (43%) Large (1,001-10,000) 10,349 filings (8%) Mega (10,000+) 1,399 filings (1%)

Palms 401(k) Savings Plan end-of-year assets rose from $6M in the plan year 2023 filing to $10M in the plan year 2024 filing.
Palms 401(k) Savings Plan reported net income rose from $3M in the plan year 2023 filing to $4M in the plan year 2024 filing.
Palms 401(k) Savings Plan reported participants rose from 1,793 in the plan year 2023 filing to 1,973 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 871815815 · Smgha Nevada, LLC PY 2024 · 401(k)

Palms 401(k) Savings Plan · $10M · 1,973 · 56th

PHOTO $10M
IND 1,973
EOY 56th
5500 401(k)
ASSETS near Compassmsp, LLC 401(k) Plan
PCT ind #3121

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 Food Services & Accommodation retirement plans → · Plans in Nevada →

End-of-year total assets ($M) among Palms 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Nevada filing particulars

Total Assets (Beginning of Year)	$6M
Net Assets (End of Year)	$10M
Net Income	$4M
Employer EIN	871815815
Plan Effective Date	2022-02-22
Filing Status	FILING RECEIVED

Sponsor Plan History (Smgha Nevada, LLC)

Latest sponsor-wide plan assets: $10M 270.94471380010697% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	215	$3M
2023	1	1,793	$6M
2024	1	1,973	$10M

Nearby 401(k) Plans in Nevada

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

Palms 401(k) Savings Plan vs. nearby 401(k) plans in Nevada, assets vs. participants

The Mgm Resorts 401(k) Savings Plan $2.2B · 37,719
Caesars Entertainment, Inc 401(k) Plan $1.9B · 46,859
Barrick Retirement Plan $1.3B · 7,327
Eighth District Electrical Pension Fund Annuity Plan $1.1B · 21,516
Nv Energy 401(k) Plan $1.1B · 2,669

Compare Palms 401(k) Savings Plan side-by-side with 3 peers →

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

Outside Nevada, the nearest 401(k) by assets is Compassmsp, LLC 401(k) Plan in CT ($10M); by covered participants it is Hogan Lovells US LLP Retirement Savings Plan in DC (1,973 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($10M here).

Compassmsp, LLC 401(k) Plan (CT) $10M · 205
O'connor Consulting Profit Sharing Plan (MD) $10M · 25
Smith Industrial Service, Inc. 401(k) Plan (AL) $10M · 331
Koinonia Foster Homes 401(k) Plan (CA) $10M · 295

Similar participant headcount

Nearest other-state filings by covered participants (1,973 participants); asset peers above are excluded.

Hogan Lovells US LLP Retirement Savings Plan (DC) 1,973 · 0 off
Starboard Group 401(k) Plan (FL) 1,973 · 0 off
Ciena Corporation 401(k) Plan (MD) 1,973 · 0 off
Heraeus Incorporated 401(k) Retirement Plan (PA) 1,974 · 1 off

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Palms 401(k) Savings Plan assets move in 2024? ▼

Palms 401(k) Savings Plan surged - up 62.5% during 2024, from $6M to $10M. Reported net income was $4M.

How have Smgha Nevada, LLC plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Smgha Nevada, LLC's sponsor-wide assets grew 270.9%, from $3M to $10M.

Which 401(k) plans are similar in size to Palms 401(k) Savings Plan? ▼

Among 401(k) plans in other states, the closest by assets is Compassmsp, LLC 401(k) Plan in CT ($10M, 205 participants).

Which 401(k) plans cover a similar participant headcount to Palms 401(k) Savings Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Hogan Lovells US LLP Retirement Savings Plan in DC (1,973 participants, $1.9B in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 871815815.