Retirement plan

PECHANGA RESORTS INCORPORATED 401 (K) PLAN

Name: PECHANGA RESORTS INCORPORATED - PECHANGA RESORTS INCORPORATED 401 (K) PLAN (2020) Form 5500
Creator: PECHANGA RESORTS INCORPORATED
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PECHANGA RESORTS INCORPORATED 401 (K) PLAN, PECHANGA RESORTS INCORPORATED

PECHANGA RESORTS INCORPORATEDEIN 82-2787492Plan #001PY 2020

44501 RAINBOW CANYON ROAD - TEMECULA, CA 92592951-506-1761pechanga.comLinkedIn1001-5000 employeesgambling & casinos

Prospect flagsHigh cashLow assets / participantRecently reached 100 employees

How to read this page

Total assets (EOY)

$1.4M

-2.2% from 2019

Total participants

242

-3.2% from 2019

Average account balance

$5,818

-62.5% from 2019

Annual return

14.86%

-18.08 pp from 2019

Benchmarks

See 881 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants100-249

Cohort881 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.49M

Not enough data

1 years with asset history on file

Average account balance

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

$14K

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.

247

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.

99.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$773K

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

+14.07%

Not enough data

1 years with return on file

Admin fee / account holder

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

$167

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 1 by compensation

Provider	Service type	Compensation
TRI-AD ACTUARIES, INC.2 years Service code 13 · EIN 95-2887986	Contract Administrator	$7,064

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3F3H

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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
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

OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$7K

$65 / participant

Contract admin$7K100.0%

% of EOY assets

0.506%

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: BLUEBIRD CPAS
Auditor EIN: 261571066
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$5,818

$35,986-83.8%

$77,513-92.5%

$73,493-92.1%

Participation rate

98.1%

40.8%+57.3pp

54.2%+44.0pp

70.7%+27.5pp

Annual return

14.86%

19.26%-4.4pp

54.81%-39.9pp

28.51%-13.7pp

Employer contribution / active EE

$795

$557+42.5%

$987-19.5%

$2,270-65.0%

Participant deferral / active EE

$1,946

$1,198+62.5%

$1,861+4.6%

$3,740-48.0%

Admin fee / account holder

$29

$466-93.7%

$2,859-99.0%

$513-94.3%

Provider

Service type

Compensation

TRI-AD ACTUARIES, INC.2 years

Service code 13 · EIN 95-2887986

Contract Administrator

$7,064

PECHANGA RESORTS INCORPORATED 401 (K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PECHANGA RESORTS INCORPORATED 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