Plan Ledger DOL Form 5500 · updated monthly

Catawba Indian Nation401(k)

CATAWBA INDIAN NATION 401(K) PLAN · ROCK HILL, SC · plan year 2023

Reported admin expense ratio · 2023
1.88%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

Catawba Indian Nation reported $18,906 in plan administrative expenses for 2023: 1.88% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,000 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 1 year on file its reported administrative ratio rose from 0.20% to 1.88%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other public administration employers. By assets it is among the smaller plans on file in South Carolina (733rd of 807), and 84th of 90 in public administration. In 2023, employees put in $1.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,288,237
Participants with balances180
Active participants198
Employer contributions$197,952
Employee contributions$310,027
Employer contribution per active participant$1,000
Average account balance$7,157
Benefits paid to participants$74,678
Plan auditUnmodified (clean) audit opinion
AuditorSCOTT AND COMPANY, LLC
Plan history2
Yearassets · accounts · employer contribution
2023$1.3M · 180 accts · $198K emplr
2022$723K · 137 accts · $128K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$1,619
Total administrative$18,906
The Catawba Indian Nation 401(k) match · 2023
Employer contribution per active participant$1,000
Median for plans this size$1,308
2023$1,000 per active participant
2022$859 per active participant

Catawba Indian Nation's 2023 employer contribution ran below the $1,308 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$212

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2023$18,906 · 1.88%
2022$1,325 · 0.20%
Similar plansPublic Administration · South Carolina
Elwyn New Jersey PA$2.4M · 1.78%
Gems Americas, Inc. IL$2.3M · 1.42%
Sauk Business Enterprises OK$1.3M · 1.16%
Jvs Socal CA$1.1M · 1.32%
National Ability Center UT$841K · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 571001665 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.