Retirement plan

SAN MANUEL BAND OF MISSION INDIANS 401(K) PLAN

Name: SAN MANUEL BAND OF MISSION INDIANS - SAN MANUEL BAND OF MISSION INDIANS 401(K) PLAN (2020) Form 5500
Creator: SAN MANUEL BAND OF MISSION INDIANS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SAN MANUEL BAND OF MISSION INDIANS 401(K) PLAN, SAN MANUEL BAND OF MISSION INDIANS

SAN MANUEL BAND OF MISSION INDIANSEIN 33-0526268Plan #001PY 2020

27995 HIGHLAND AVENUE, SUITE 100 - HIGHLAND, CA 92346909-864-8933LinkedIn1-10 employees

Prospect flagsFailed to transmit contributions

Top hat statement on fileNQDC

Filed March 7, 2019

Plan administrator

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26569 Community Center Drive

Highlad State: CA Zip Code: 92346

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Plans declared (1)

San Manuel Band of Mission Indians Deferred Compensation Plan28 emp

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Total assets (EOY)

$254M

-11.3% from 2016

Total participants

7,530

+0.8% from 2016

Average account balance

$36,832

-7.1% from 2016

Annual return

14.57%

-6.88 pp from 2016

Benchmarks

See 120 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants1,000-4,999

Cohort120 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$404.12M

Not enough data

1 years with asset history on file

Average account balance

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

$59K

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.

6,871

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.

80.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$48.31M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+15.21%

Not enough data

1 years with return on file

Admin fee / account holder

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

$14

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 2 by compensation

Provider	Service type	Compensation
NEWPORT GROUP, INC.6+ years Filed as: NEWPORT GROUP, INC Service code 13 · EIN 27-2037969	Contract Administrator	$294,328
NEWPORT GROUP, INC.1 year Filed as: NEWPORT TRUST COMPANY Service code 21 · EIN 75-3182674	Bank Trustee	$11,374

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
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.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
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

1 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$306K

$67 / participant

Contract admin$294K96.3%
Other / not subdivided$11K3.7%

% of EOY assets

0.120%

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: MILLER KAPLAN ARASE LLP
Auditor EIN: 952036255
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$36,832

$53,932-31.7%

$134,162-72.5%

$90,274-59.2%

Participation rate

86.2%

60.4%+25.8pp

72.2%+14.0pp

73.4%+12.8pp

Annual return

14.57%

23.16%-8.6pp

36.35%-21.8pp

53.97%-39.4pp

Employer contribution / active EE

$3,022

$1,611+87.6%

$3,705-18.4%

$2,523+19.8%

Participant deferral / active EE

$3,178

$2,432+30.7%

$3,500-9.2%

$4,231-24.9%

Admin fee / account holder

$44

$104-57.2%

$6,685-99.3%

$114-61.1%

Provider

Service type

Compensation

NEWPORT GROUP, INC.6+ years

Filed as: NEWPORT GROUP, INC

Service code 13 · EIN 27-2037969

Contract Administrator

$294,328

NEWPORT GROUP, INC.1 year

Filed as: NEWPORT TRUST COMPANY

Service code 21 · EIN 75-3182674

Bank Trustee

$11,374

SAN MANUEL BAND OF MISSION INDIANS 401(K) PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SAN MANUEL BAND OF MISSION INDIANS 401(K) PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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