Retirement plan

TUOLUMNE ME-WUK TRIBAL COUNCIL RETIREMENT 401(K) PLAN

Name: TUOLUMNE BAND OF ME-WUK INDIANS - TUOLUMNE ME-WUK TRIBAL COUNCIL RETIREMENT 401(K) PLAN (2023) Form 5500
Creator: TUOLUMNE BAND OF ME-WUK INDIANS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TUOLUMNE ME-WUK TRIBAL COUNCIL RETIREMENT 401(K) PLAN, TUOLUMNE BAND OF ME-WUK INDIANS

TUOLUMNE BAND OF ME-WUK INDIANSEIN 77-0121021Plan #005PY 2023

19595 MI WU ST - TUOLUMNE, CA 953799632209-928-5300

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$26.3M

+21.4% from 2022

Total participants

1,043

+3.1% from 2022

Average account balance

$40,255

+25.1% from 2022

Annual return

17.61%

+33.98 pp from 2022

Benchmarks

See 451 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants250-999

Cohort451 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$30.58M

Not enough data

1 years with asset history on file

Average account balance

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

$47K

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.

645

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.

52.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.32M

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

+11.61%

Not enough data

1 years with return on file

Admin fee / account holder

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

$127

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
AMERICAN FUNDS5 years Filed as: CAPITAL GROUP RETIREMENT PLAN SVCS. Service code 25 · EIN 82-4555287	Directed Trustee	$61,970
SAGEVIEW ADVISORY GROUP, LLC8 years Service code 27 1920 MAIN ST STE 800 · IRVINE, CA 92614	Advisory (Plan)	$45,000
MOSS ADAMS LLP1 year Filed as: MOSS- ADAMS LLP Service code 99 PO BOX 101822 · PASADENA, CA 911891822	Other Fees	$10,033

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$117K

$137 / participant

Recordkeeping$62K53.0%
Investment mgmt$45K38.5%
Other / not subdivided$10K8.6%

% of EOY assets

0.444%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MOSS ADAMS LLP
Auditor EIN: 910189318
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$40,255

$53,344-24.5%

$121,210-66.8%

$74,473-45.9%

Participation rate

54.4%

60.0%-5.6pp

69.5%-15.2pp

70.7%-16.3pp

Annual return

17.61%

35.15%-17.5pp

987.41%-969.8pp

34.36%-16.7pp

Employer contribution / active EE

$1,211

$1,898-36.2%

$4,171-71.0%

$2,638-54.1%

Participant deferral / active EE

$2,234

$3,220-30.6%

$4,084-45.3%

$4,530-50.7%

Admin fee / account holder

$179

$382-53.2%

$5,647-96.8%

$347-48.4%

Provider

Service type

Compensation

AMERICAN FUNDS5 years

Filed as: CAPITAL GROUP RETIREMENT PLAN SVCS.

Service code 25 · EIN 82-4555287

Directed Trustee

$61,970

SAGEVIEW ADVISORY GROUP, LLC8 years

Service code 27

1920 MAIN ST STE 800 · IRVINE, CA 92614

Advisory (Plan)

$45,000

MOSS ADAMS LLP1 year

Filed as: MOSS- ADAMS LLP

Service code 99

PO BOX 101822 · PASADENA, CA 911891822

Other Fees

$10,033

TUOLUMNE ME-WUK TRIBAL COUNCIL RETIREMENT 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TUOLUMNE ME-WUK TRIBAL COUNCIL RETIREMENT 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