Retirement plan

HO-CHUNK NATION 401(K) PLAN & TRUST

Name: HO-CHUNK NATION - HO-CHUNK NATION 401(K) PLAN & TRUST (2020) Form 5500
Creator: HO-CHUNK NATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HO-CHUNK NATION 401(K) PLAN & TRUST, HO-CHUNK NATION

HO-CHUNK NATIONEIN 39-1140880Plan #001PY 2020

PO BOX 667, W9814 AIRPORT RD. - BLACK RIVER FALLS, WI 54615715-284-4361

Prospect flagsLow returnsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$57.9M

+1.8% from 2019

Total participants

3,104

-5.7% from 2019

Average account balance

$26,675

+7.5% from 2019

Annual return

3.26%

-1.12 pp from 2019

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

$85.55M

Not enough data

1 years with asset history on file

Average account balance

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

$39K

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.

2,191

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.

68.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$8.60M

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

+13.08%

Not enough data

1 years with return on file

Admin fee / account holder

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

$102

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

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
NEWPORT GROUP, INC.5+ years Service code 12 · EIN 27-2037969	Recordkeeping fees; Direct payment fr...	$108,169
NFP RETIREMENT INC1 year Filed as: NFP RETIREMENT, INC. Service code 27 10 TERRACE COURT · MADISON, WI 53718	Advisory (Plan)	$83,982
NEWPORT GROUP, INC.4 years Filed as: NEWPORT TRUST COMPANY Service code 21 · EIN 27-4411131	Bank Trustee	$5,919

Plan features & details

Pension benefit codes2E2F2G2J2K3D3H

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.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$248K

$88 / participant

Investment mgmt$84K33.9%
Contract admin$158K63.7%
Other / not subdivided$6K2.4%

% of EOY assets

0.428%

all-in expense ratio

Categories reported

2 / 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: CLIFTONLARSONALLEN LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$26,675

$53,932-50.5%

$134,162-80.1%

$90,274-70.5%

Participation rate

66.7%

60.4%+6.4pp

72.2%-5.4pp

73.4%-6.6pp

Annual return

3.26%

23.16%-19.9pp

36.35%-33.1pp

53.97%-50.7pp

Employer contribution / active EE

$480

$1,611-70.2%

$3,705-87.1%

$2,523-81.0%

Participant deferral / active EE

$1,058

$2,432-56.5%

$3,500-69.8%

$4,231-75.0%

Admin fee / account holder

$114

$104+10.2%

$6,685-98.3%

$114+0.1%

Provider

Service type

Compensation

NEWPORT GROUP, INC.5+ years

Service code 12 · EIN 27-2037969

Recordkeeping fees; Direct payment fr...

$108,169

NFP RETIREMENT INC1 year

Filed as: NFP RETIREMENT, INC.

Service code 27

10 TERRACE COURT · MADISON, WI 53718

Advisory (Plan)

$83,982

NEWPORT GROUP, INC.4 years

Filed as: NEWPORT TRUST COMPANY

Service code 21 · EIN 27-4411131

Bank Trustee

$5,919

HO-CHUNK NATION 401(K) PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HO-CHUNK NATION 401(K) PLAN & TRUST

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