Retirement plan

THE MOHEGAN RETIREMENT AND 401(K) PLAN

Name: THE MOHEGAN TRIBE OF INDIANS OF CONNECTICUT - THE MOHEGAN RETIREMENT AND 401(K) PLAN (2018) Form 5500
Creator: THE MOHEGAN TRIBE OF INDIANS OF CONNECTICUT
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE MOHEGAN RETIREMENT AND 401(K) PLAN, THE MOHEGAN TRIBE OF INDIANS OF CONNECTICUT

THE MOHEGAN TRIBE OF INDIANS OF CONNECTICUTEIN 06-1436334Plan #001PY 2018

13 CROW HILL ROAD - UNCASVILLE, CT 06382860-862-7800LinkedIn1-10 employeesmedical practice

Prospect flagsLow participationLow employer contributionFailed to transmit contributionsCorrective distributions

Top hat statement on fileNQDC

Filed December 21, 1999

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$329.2M

-4.7% from 2016

Total participants

10,622

-5.0% from 2016

Average account balance

$44,471

-8.1% from 2016

Annual return

-3.72%

-4.24 pp from 2016

Benchmarks

See 1,085 peers

Peer group

Industryany (size+type match)

Plan typeDefined contribution

Participants5,000-9,999

Cohort1,085 peers

Snapshot2018

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$500.10M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$96K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

5,202

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

60.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$28.30M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+16.86%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$31

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

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Service providers

Top 6 by compensation

Provider	Service type	Compensation
PEAPACK-GLADSTONE BANK4+ years Service code 28 · EIN 22-3189064	Investment Management	$88,450
CHARLES SCHWAB & CO., INC.4+ years Filed as: SCHWAB RETIREMENT PLAN SERVICES INC Service code 15 · EIN 34-1479833	Recordkeeping	$74,569
STROTHER, JOHN F3 years Filed as: JOHN F STROTHER Service code 10 · EIN 15-7320829	Accounting	$6,670
CHARLES SCHWAB & CO., INC.4+ years Filed as: CHARLES SCHWAB BANK Service code 25 · EIN 42-1558009	Directed Trustee	$28
CHARLES SCHWAB & CO., INC.1 year Filed as: CHARLES SCHWAB & CO INC AND AFFIL Service code 59	Shareholder Servicing	$0
CHARLES SCHWAB & CO., INC.4+ years Service code 59 · EIN 94-1737782	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

4 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$162K

$19 / participant

Investment mgmt$88K54.5%
Other / not subdivided$74K45.5%

% of EOY assets

0.049%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: MARCUM LLP
Auditor EIN: 111986323
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$44,471

$68,904-35.5%

$121,220-63.3%

$68,904-35.5%

Participation rate

62.1%

74.1%-12.0pp

71.8%-9.6pp

74.1%-12.0pp

Annual return

-3.72%

1.07%-4.8pp

16.94%-20.7pp

1.07%-4.8pp

Employer contribution / active EE

$344

$2,540-86.5%

$4,023-91.5%

$2,540-86.5%

Participant deferral / active EE

$2,031

$4,015-49.4%

$3,345-39.3%

$4,015-49.4%

Admin fee / account holder

$22

$71-69.2%

$5,021-99.6%

$71-69.2%

Provider

Service type

Compensation

PEAPACK-GLADSTONE BANK4+ years

Service code 28 · EIN 22-3189064

Investment Management

$88,450

CHARLES SCHWAB & CO., INC.4+ years

Filed as: SCHWAB RETIREMENT PLAN SERVICES INC

Service code 15 · EIN 34-1479833

Recordkeeping

$74,569

STROTHER, JOHN F3 years

Filed as: JOHN F STROTHER

Service code 10 · EIN 15-7320829

Accounting

$6,670

CHARLES SCHWAB & CO., INC.4+ years

Filed as: CHARLES SCHWAB BANK

Service code 25 · EIN 42-1558009

Directed Trustee

$28

CHARLES SCHWAB & CO., INC.1 year

Filed as: CHARLES SCHWAB & CO INC AND AFFIL

Service code 59

Shareholder Servicing

CHARLES SCHWAB & CO., INC.4+ years

Service code 59 · EIN 94-1737782

Shareholder Servicing

THE MOHEGAN RETIREMENT AND 401(K) PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE MOHEGAN RETIREMENT AND 401(K) PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion