Plan Ledger DOL Form 5500 · updated monthly

Pala Band of Mission Indians401(k)

PALA 401(K) RETIREMENT SAVINGS PLAN · PALA, CA · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Pala Band of Mission Indians reported $285,019 in plan administrative expenses for 2024: 0.42% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,144 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 3 years on file its reported administrative ratio has held roughly steady near 0.42%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other public administration employers. By assets it is the 1,318th-largest of 9,483 plans among California employers on file, and the 11th of 90 in public administration. In 2024, employees put in $2.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$71,343,834
Participants with balances895
Active participants1,175
Employer contributions$1,344,058
Employee contributions$3,882,485
Employer contribution per active participant$1,144
Average account balance$79,714
Benefits paid to participants$6,207,802
Plan auditUnmodified (clean) audit opinion
AuditorHOULDSWORTH, RUSSO & CO., P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$71.3M · 895 accts · $1.3M emplr
2023$64.6M · 943 accts · $1.3M emplr
2022$57.0M · 988 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,227
Investment management$132,648
Trustee / custodial$117,144
Total administrative$285,019
The Pala Band of Mission Indians 401(k) match · 2024
Employer contribution per active participant$1,144
Median for plans this size$3,635
2024$1,144 per active participant
2023$1,206 per active participant
2022$1,312 per active participant

Pala Band of Mission Indians's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom quarter of its peers. 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
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee$152,372
SAGE CAPITAL ADVISORS LLC · Investment advisory (participants) · Investment advisory (plan)$132,648

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

Recordkeeper by year2
2024Alerus
2023Alerus

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Administrative cost history3
2024$285,019 · 0.42%
2023$263,071 · 0.43%
2022$272,860 · 0.43%
Same employer
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Pascua Yaqui Tribe AZ$75.6M · 0.09%
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Source: U.S. Department of Labor, Form 5500 series, EIN 952863815 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.