Plan Ledger DOL Form 5500 · updated monthly

Gun Lake Tribal Gaming Authority401(k)

THE GUN LAKE TRIBAL GAMING AUTHORITY 401(K) RETIREMENT PLAN · WAYLAND, MI · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Gun Lake Tribal Gaming Authority reported $59,000 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $1,780 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 fell from 0.40% to 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 896th-largest of 2,619 plans among Michigan employers on file, and the 366th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,584,615
Participants with balances1,177
Active participants908
Employer contributions$1,616,237
Employee contributions$2,822,159
Employer contribution per active participant$1,780
Average account balance$20,888
Benefits paid to participants$2,923,983
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$24.6M · 1,177 accts · $1.6M emplr
2023$20.4M · 1,164 accts · $1.6M emplr
2022$14.9M · 1,162 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$59,000
Total administrative$59,000
The Gun Lake Tribal Gaming Authority 401(k) match · 2024
Employer contribution per active participant$1,780
Median for plans this size$2,416
2024$1,780 per active participant
2023$1,727 per active participant
2022$1,427 per active participant

Gun Lake Tribal Gaming Authority's 2024 employer contribution ran below the $2,416 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 · 20243
ADP, INC. · Loan processing · Recordkeeping$59,000
ADP BROKER-DEALERindirect comp
MORGAN STANLEY · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$59,000 · 0.26%
2023$61,730 · 0.35%
2022$60,741 · 0.40%
Same employer
Similar plansArts, Entertainment & Recreation · Michigan
The Detroit Lions, Inc. MI$34.9M · 0.36%
Detroit Zoological Society MI$23.8M · 0.20%
I.A.T.S.E. Local No. 6 MI$21.8M · 0.81%
Ford Field Management LLC MI$20.0M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800582592 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.