Retirement plan

PALA 401(K) RETIREMENT SAVINGS PLAN

Name: PALA BAND OF MISSION INDIANS - PALA 401(K) RETIREMENT SAVINGS PLAN (2017) Form 5500
Creator: PALA BAND OF MISSION INDIANS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PALA 401(K) RETIREMENT SAVINGS PLAN, PALA BAND OF MISSION INDIANS

PALA BAND OF MISSION INDIANSEIN 95-2863815Plan #001PY 2017

PMB 50, 35008 PALA TEMECULA ROAD - PALA, CA 920592419760-891-3500palatribe.comLinkedIn201-500 employeesgovernment administration

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$56M

+16.6% from 2016

Total participants

2,018

+1.8% from 2016

Average account balance

$43,932

+10.4% from 2016

Annual return

14.79%

+6.92 pp from 2016

Benchmarks

See 7,057 peers

Peer group

Industryany (size+type match)

Plan typeDefined contribution

Participants1,000-4,999

Cohort7,057 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$72.66M

Not enough data

1 years with asset history on file

Average account balance

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

$81K

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.

895

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.

54.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.23M

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

+13.98%

Not enough data

1 years with return on file

Admin fee / account holder

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

$318

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 4 by compensation

Provider	Service type	Compensation
SAGE ADVISORY SERVICES3+ years Filed as: SAGE CAPITAL ADVISORS LLC Service code 26 5672 LA JOLLA BOULEVARD · LA JOLLA, CA 92037	Advisory (Participants)	$154,040
ALERUS FINANCIAL, N.A.2 years Service code 15 · EIN 45-6062081	Recordkeeping	$93,789
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290	Contract Administrator	$421
WILSHIRE ASSOCIATES INCORPORATED3+ years Service code 27 · EIN 95-2755361	Advisory (Plan)	$0

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

$248K

$136 / participant

Investment mgmt$154K62.2%
Other / not subdivided$94K37.8%

% of EOY assets

0.443%

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: HOULDSWORTH RUSSO & CO., P.C.
Auditor EIN: 880374623
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$43,932

$77,958-43.6%

$56,429-22.1%

$77,958-43.6%

Participation rate

59.3%

71.6%-12.4pp

80.0%-20.8pp

71.6%-12.4pp

Annual return

14.79%

20.87%-6.1pp

19.04%-4.3pp

20.87%-6.1pp

Employer contribution / active EE

$923

$2,310-60.1%

$3,405-72.9%

$2,310-60.1%

Participant deferral / active EE

$2,598

$3,537-26.5%

$3,951-34.2%

$3,537-26.5%

Admin fee / account holder

$195

$97+99.9%

$4,466-95.6%

$97+99.9%

Provider

Service type

Compensation

SAGE ADVISORY SERVICES3+ years

Filed as: SAGE CAPITAL ADVISORS LLC

Service code 26

5672 LA JOLLA BOULEVARD · LA JOLLA, CA 92037

Advisory (Participants)

$154,040

ALERUS FINANCIAL, N.A.2 years

Service code 15 · EIN 45-6062081

Recordkeeping

$93,789

PRINCIPAL LIFE INSURANCE COMPANY3+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$421

WILSHIRE ASSOCIATES INCORPORATED3+ years

Service code 27 · EIN 95-2755361

Advisory (Plan)

PALA 401(K) RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PALA 401(K) RETIREMENT SAVINGS 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