Plan Ledger DOL Form 5500 · updated monthly

Cherokee Nation Businesses, LLC401(k)

CHEROKEE NATION BUSINESSES LLC 401(K) PLAN · CATOOSA, OK · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Cherokee Nation Businesses, LLC reported $332,825 in plan administrative expenses for 2024: 0.07% of average plan assets, above the peer median. Employer contributions averaged $3,322 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 2 years on file its reported administrative ratio rose from 0.04% to 0.07%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 18th-largest of 724 plans among Oklahoma employers on file, and the 21st of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.46 for every $1.00 the employer contributed; active participation has grown from 6,932 to 8,512 since 2022.

Plan summary
Net assets, end of year$491,988,335
Participants with balances9,909
Active participants8,512
Employer contributions$28,279,120
Employee contributions$41,428,599
Employer contribution per active participant$3,322
Average account balance$49,651
Benefits paid to participants$47,149,116
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$492.0M · 9,909 accts · $28.3M emplr
2023$401.2M · 9,792 accts · $25.4M emplr
2022$320.9M · 8,414 accts · $21.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$286,925
Total administrative$332,825
The Cherokee Nation Businesses, LLC 401(k) match · 2024
Employer contribution per active participant$3,322
Median for plans this size$4,294
2024$3,322 per active participant
2023$3,285 per active participant
2022$3,115 per active participant

Cherokee Nation Businesses, LLC's 2024 employer contribution ran below the $4,294 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$291,714
INNOVEST PORTFOLIO SOLUTIONS LLC · Consulting$45,900

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

Administrative cost history3
2024$332,825 · 0.07%
2023$147,257 · 0.04%
2022$148,228 · 0.04%
Same employer
Similar plansArts, Entertainment & Recreation · Oklahoma
Wynn Resorts, Limited NV$509.4M · 0.18%
Light & Wonder, Inc. NV$501.1M · 0.08%
Warner Music Group NY$446.3M · 0.10%
Creative Artists Agency, LLC CA$436.8M · 0.04%
Mashantucket Pequot Tribe CT$424.9M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113784371 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.