Palace Sports & Entertainment, Llc 401(k) Plan: Login, Facts & Contact Information

Palace Sports & Entertainment, Llc 401(k) Plan Facts

Plan name
PALACE EMPLOYEES 401(K) SAVINGS PLAN
Plan type
401(k) with employer contributions
Plan sponsor
PALACE SPORTS & ENTERTAINMENT, LLC
Participants
728 (1,073 active employees)
Former employees with a balance
203
Plan assets
$34,713,787 at Dec 31, 2024
Average account balance
$70,129 across 495 accounts
Employer contributions
$853,609 in plan year 2024 (28% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Aug 1, 2011
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window— Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Sep 29, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $3.01 million went into the plan in contributions, $853,609 of it from the employer (28%).
  • $5.25 million was paid out to participants.
  • Investment and other income added $4.48 million.
  • Administrative expenses were $17,703, about $36 per account.

How the Palace Sports & Entertainment, Llc 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019634$27.5 million$559,556$2.87 million
2020650$30.8 million$596,460$2.98 million
2021551$31.9 million$612,152$5.30 million
2022638$27.0 million$744,984$1.49 million
2023685$32.5 million$811,681$2.23 million
2024728$34.7 million$853,609$5.25 million

Palace Sports & Entertainment, Llc 401(k) Contact Information

Phone
313-771-7500
Mailing address
6201 2ND AVE., DETROIT MI 48202
Plan sponsor
PALACE SPORTS & ENTERTAINMENT, LLC
Employer identification number (EIN)
38-2670394
Plan number
002

Questions about the Palace Sports & Entertainment, Llc 401(k)

Does Palace Sports & Entertainment, Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $853,609, 28% of all contributions.

Does the Palace Sports & Entertainment, Llc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Palace Sports & Entertainment, Llc 401(k) plan?

728 participants at the start of plan year 2024, 1,073 of them active employees, and 203 former employees who still had money in the plan.

What is the average 401(k) balance at Palace Sports & Entertainment, Llc?

About $70,129 per account: $34.7 million in plan assets across 495 accounts with a balance at the end of plan year 2024.

Who manages the Palace Sports & Entertainment, Llc 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Palace Sports & Entertainment, Llc. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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