FanDuel 401(k) Plan

The 401(k) Plan for Employees of FanDuel Group, Inc. and Subsidiaries covered 3,479 participants at the end of the 2024 plan year, with 2,682 holding account balances. Total plan assets reached approximately $157.7 million at year-end 2024, up from $104.2 million the prior year. Transamerica Retirement Solutions serves as recordkeeper, with SageView Advisory Group as investment advisor and State Street Bank and Trust Company as trustee. The Plan disclosed delinquent participant contribution deposits totaling roughly $7.3 million for 2023 and $5.2 million for 2022, with the sponsor taking corrective action in 2025.

Participants: 3,231 Plan assets: $157,723,669 Plan number: 001 Form 5500 plan year: 2024 Last verified: Jun 10, 2026 View Form 5500
Match
100% match on the first 5% of eligible pay
Vesting
Employer contributions vest on a 4-year graded schedule: 25% after 1 year, 50% after 2 years, 75% after 3 years, and 100% after 4 years of service.
Investment Options
28 funds
Plan Size
$157,723,669

By Zac Murphy, CFA charterholder and CFP professional. Published June 10, 2026. Verified against Form 5500 plan year 2024.

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Fund lineup

Fund Asset Class Type
American Funds EuroPacific Growth R6 International Equity Active
American Funds New Perspective Fund Class R-6 International Equity Active
Baird Aggregate Bond Fund (Institutional Shares) US Bonds Index
Columbia Overseas Value Fund Institutional 3 International Equity Active
Columbia Small Cap Value Fund II Institutional 3 US Small Cap Active
Fidelity 500 Index Fund US Large Cap Index
Fidelity Emerging Markets Index Fund Emerging Markets Index
Fidelity International Index Fund International Developed Index
Fidelity Mid Cap Index Fund US Mid Cap Index
Fidelity Real Estate Index Fund Real Estate Index
Fidelity Small Cap Index Fund US Small Cap Index
Fidelity U.S. Bond Index Fund US Bonds Index
Vanguard Equity-Income Fund Admiral Shares US Large Cap Active
Vanguard Target Retirement 2020 Fund Target-date Index
Vanguard Target Retirement 2025 Fund Target-date Index
Vanguard Target Retirement 2030 Fund Target-date Index
Vanguard Target Retirement 2035 Fund Target-date Index
Vanguard Target Retirement 2040 Fund Target-date Index
Vanguard Target Retirement 2045 Fund Target-date Index
Vanguard Target Retirement 2050 Fund Target-date Index
Vanguard Target Retirement 2055 Fund Target-date Index
Vanguard Target Retirement 2060 Fund Target-date Index
Vanguard Target Retirement 2065 Fund Target-date Index
Vanguard Target Retirement Income Fund Target-date Index
State Street Institutional U.S. Government Money Market Fund (Premier Class) Money Market Active
American Century US Large Cap Growth Equity Fund Tier 1 US Large Cap Active
Goldman Sachs Stable Value Fund Inst Series Class S Stable Value Other
MassMutual Small Cap Growth Equity CIT Class S US Small Cap Active

Why our allocations use only index funds

The actively managed funds in this plan cost more per year than the plan's index funds, which run roughly 0.02% to 0.06%. Decades of research on long-term active fund performance do not support reliable outperformance net of fees, which is why the allocation ideas below may consider using only the low-cost index options.

Employer match

Match summary
100% match on the first 5% of eligible pay
Match cap 100% of pay
Effective match rate 5%
Vesting Employer contributions vest on a 4-year graded schedule: 25% after 1 year, 50% after 2 years, 75% after 3 years, and 100% after 4 years of service.
Waiting period Employees are eligible upon attaining age 18; no specific service waiting period is disclosed for deferrals.
$
Contribute this much to capture the full match
100% of your eligible pay, every paycheck.

100% match on the first 5% of eligible pay Contributing less than 100% of your eligible pay leaves part of Flutter Entertainment US's match unclaimed.

What the match is worth at your pay After 1 year of service, contributing 100%
Annual pay Your contribution Employer match Total to 401(k)

Estimates assume a constant salary and the match formula shown above. Your actual match depends on your plan's exact terms.

The cost of contributing only --%

On a $60,000 salary, contributing just half the match threshold would leave about -- in employer match unclaimed each year. Invested over 20 years at a hypothetical 7% annual return, that forgone match could have grown to roughly -- (a hypothetical illustration, not a projection). The match is the highest-return contribution you will make all year.

Sources

  • Plan metadata (employer, participants, assets, plan year): Form 5500 annual return/report, plan year 2024 -- view filing
  • Summary Plan Description (SPD) and fee disclosure (404a-5), where available from the plan administrator.

This page is for educational purposes only and does not constitute investment, tax, or legal advice, nor a recommendation to buy or sell any security. Information is drawn from public Form 5500 filings and plan documents and may be incomplete or out of date. You may consider consulting a qualified professional and confirming all details with your plan administrator before making decisions. Waterfall Planning is not affiliated with Flutter Entertainment US.

Find your risk profile

Answer 13 questions to see which allocation fits your situation.

Question 1 of 13

Risk assessment methodology based on Grable, J. E., & Lytton, R. H. (1999). Financial risk tolerance revisited: The development of a risk assessment instrument. Financial Services Review, 8, 163-181.

Allocation ideas

Five sample mixes built from this plan's funds, from conservative to growth. Take the assessment above to see which one fits your risk profile.

Recommended for you (based on your risk profile)
Conservative
Conservative

Capital preservation with minimal market exposure, built from bonds and stable value.

US equity   International   Bonds   Stable value
Baird Aggregate Bond Fund (Institutional Shares) 70%
State Street Institutional U.S. Government Money Market Fund (Premier Class) 30%
0% stocks / 100% bonds
Recommended for you (based on your risk profile)
Income & A Little Growth
Income & A Little Growth

Mostly bonds with a small stock sleeve for modest growth.

US equity   International   Bonds   Stable value
Baird Aggregate Bond Fund (Institutional Shares) 49%
State Street Institutional U.S. Government Money Market Fund (Premier Class) 21%
Fidelity 500 Index Fund 19%
Fidelity Emerging Markets Index Fund 8%
Fidelity Mid Cap Index Fund 3%
30% stocks / 70% bonds
Recommended for you (based on your risk profile)
Balanced
Balanced

A classic 60/40 split of stocks and bonds.

US equity   International   Bonds   Stable value
Fidelity 500 Index Fund 39%
Baird Aggregate Bond Fund (Institutional Shares) 28%
Fidelity Emerging Markets Index Fund 15%
State Street Institutional U.S. Government Money Market Fund (Premier Class) 12%
Fidelity Mid Cap Index Fund 6%
60% stocks / 40% bonds
Recommended for you (based on your risk profile)
Growth & Income
Growth & Income

Stock-heavy with a bond cushion for a long horizon.

US equity   International   Bonds   Stable value
Fidelity 500 Index Fund 52%
Fidelity Emerging Markets Index Fund 20%
Baird Aggregate Bond Fund (Institutional Shares) 14%
Fidelity Mid Cap Index Fund 8%
State Street Institutional U.S. Government Money Market Fund (Premier Class) 6%
80% stocks / 20% bonds
Recommended for you (based on your risk profile)
Growth
Growth

All stocks for maximum long-term growth potential, with higher short-term volatility.

US equity   International   Bonds   Stable value
Fidelity 500 Index Fund 65%
Fidelity Emerging Markets Index Fund 25%
Fidelity Mid Cap Index Fund 10%
100% stocks / 0% bonds
Stay on track

Get a plain-English breakdown of your plan

Occasional, no-jargon guidance on getting the most from your workplace retirement plan.

  • What your match is really worth
  • How to keep costs low with index funds
  • Plan updates when your filing changes

We send only what's useful. No advisor pitches, no data sales.

These allocation ideas are educational illustrations built from this plan's available funds and a standard risk-tolerance assessment. They are not personalized investment advice or a recommendation, and risk tolerance is only one factor in an investment decision. You may consider consulting a qualified professional before making changes to your account.