Retirement plan

CHICKASAW NATION GOVERNMENTAL ENTERPRISES 401(K) PLAN

Name: CHICKASAW NATION - CHICKASAW NATION GOVERNMENTAL ENTERPRISES 401(K) PLAN (2021) Form 5500
Creator: CHICKASAW NATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHICKASAW NATION GOVERNMENTAL ENTERPRISES 401(K) PLAN, CHICKASAW NATION

CHICKASAW NATIONEIN 73-1374986Plan #002PY 2021

520 E. ARLINGTON - ADA, OK 74820580-436-2603chickasaw.netLinkedIn10001+ employeesgovernment administration

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$308.7M

-15.9% from 2016

Total participants

8,764

-1.3% from 2016

Average account balance

$38,309

-14.7% from 2016

Annual return

7.80%

-11.09 pp from 2016

Benchmarks

See 77 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants5,000-9,999

Cohort77 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$382.90M

Not enough data

1 years with asset history on file

Average account balance

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

$43K

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.

8,889

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.

92.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$37.32M

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

+14.98%

Not enough data

1 years with return on file

Admin fee / account holder

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

$33

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
MILLIMAN, INC.2 years Service code 15 · EIN 91-0675641	Recordkeeping	$127,164
CHARLES SCHWAB & CO., INC.1 year Filed as: CHARLES SCHWAB TRUST BANK Service code 19 · EIN 82-3967259	Securities Custodian	$51,643
CHARLES SCHWAB & CO., INC.1 year Service code 19 · EIN 94-1737782	Securities Custodian	$0

Plan features & details

Pension benefit codes2E2J2F2G3H2S2T

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.
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

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$127K

$17 / participant

Other / not subdivided$127K100.0%

% of EOY assets

0.041%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: FORVIS, LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$38,309

$80,412-52.4%

$109,191-64.9%

$101,555-62.3%

Participation rate

90.5%

84.4%+6.1pp

75.9%+14.7pp

74.5%+16.0pp

Annual return

7.80%

16.17%-8.4pp

25.76%-18.0pp

21.00%-13.2pp

Employer contribution / active EE

$1,795

$3,731-51.9%

$3,723-51.8%

$2,972-39.6%

Participant deferral / active EE

$2,265

$3,396-33.3%

$4,653-51.3%

$4,874-53.5%

Admin fee / account holder

$16

$135-88.3%

$6,756-99.8%

$139-88.7%

Provider

Service type

Compensation

MILLIMAN, INC.2 years

Service code 15 · EIN 91-0675641

Recordkeeping

$127,164

CHARLES SCHWAB & CO., INC.1 year

Filed as: CHARLES SCHWAB TRUST BANK

Service code 19 · EIN 82-3967259

Securities Custodian

$51,643

CHARLES SCHWAB & CO., INC.1 year

Service code 19 · EIN 94-1737782

Securities Custodian

CHICKASAW NATION GOVERNMENTAL ENTERPRISES 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CHICKASAW NATION GOVERNMENTAL ENTERPRISES 401(K) PLAN

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