THE MGM MIRAGE 401(K) SAVINGS PLAN

Plan Contact

  • Address: 3799 LAS VEGAS BLVD., SOUTH,LAS VEGAS,NV
  • Contact person: CYNTHIA MOEHRING
  • Phone: (702) 891-1111

Plan General Information

THE MGM MIRAGE 401(K) SAVINGS PLAN Total Retirement Plan Assets

At the end of 2009, the total retirement plan assets of THE MGM MIRAGE 401(K) SAVINGS PLAN is $816,276,146.00.This plan was established in 1993.

THE MGM MIRAGE 401(K) SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2009, the total number of retirement plan participants in THE MGM MIRAGE 401(K) SAVINGS PLAN is 43395

THE MGM MIRAGE 401(K) SAVINGS PLAN Average Participant Retirement Account Value

In 2009, the average participant retirement account value for THE MGM MIRAGE 401(K) SAVINGS PLAN is $18,810.00

THE MGM MIRAGE 401(K) SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2009, the estimated average employee contribution amount per participant for THE MGM MIRAGE 401(K) SAVINGS PLAN is $2,791.00.

THE MGM MIRAGE 401(K) SAVINGS PLAN Estimated Average Employer Match

In 2009, the estimated average employer match for an employee in THE MGM MIRAGE 401(K) SAVINGS PLAN is approximately $67.00
Investing in this additonal $67.00 for 20 years would give you extra $4,296.00, assuming a 10% annual return.

THE MGM MIRAGE 401(K) SAVINGS PLAN Total Employer Contribution and Match Rate

In 2009, THE MGM MIRAGE 401(K) SAVINGS PLAN allocates $2,913,164.00 to match its employees' contributions, providing an employer match rate of 4.81% of their contributions

THE MGM MIRAGE 401(K) SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2009, the total retirement plan asset growth rate of THE MGM MIRAGE 401(K) SAVINGS PLAN is 14.55%.

THE MGM MIRAGE 401(K) SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2009, the estimated aggregate retirement account investment gain/loss for THE MGM MIRAGE 401(K) SAVINGS PLAN is 16.63%. This measures the effectiveness of the plan participants' investments in the year.

THE MGM MIRAGE 401(K) SAVINGS PLAN Expense Ratio

In 2009, the investment and administrative expense ratio of THE MGM MIRAGE 401(K) SAVINGS PLAN is 0.04%.

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