PUEBLO OF LAGUNA COMMERCIAL ENTERPRISES 401(K) PROFIT SHARING PLAN AND TRUST · LAGUNA, NM · plan year 2024
Reported admin expense ratio · 2024
0.55%
Peer grade: C· admin costs + employer contributions vs same-size plans · how grading works
Pueblo of Laguna reported $132,618 in plan administrative expenses for 2024: 0.55% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,356 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 13 years on file its reported administrative ratio rose from 0.03% to 0.55%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other public administration employers. By assets it is the 66th-largest of 290 plans among New Mexico employers on file, and the 30th of 90 in public administration. In 2024, employees put in $1.15 for every $1.00 the employer contributed; active participation has shrunk from 1,758 to 810 since 2011.
Plan summary
Net assets, end of year$25,532,174
Participants with balances317
Active participants810
Employer contributions$1,098,280
Employee contributions$1,260,909
Employer contribution per active participant$1,356
Average account balance$80,543
Benefits paid to participants$2,836,480
Plan auditUnmodified (clean) audit opinion
AuditorLOFTIS & LOVATO GROUP
Plan history14
Yearassets · accounts · employer contribution
2024$25.5M · 317 accts · $1.1M emplr
2023$23.1M · 777 accts · $1.0M emplr
2022$19.6M · 509 accts · $836K emplr
2021$23.0M · 575 accts · $630K emplr
2020$21.4M · 591 accts · $437K emplr
2019$19.9M · 657 accts · $990K emplr
2018$15.6M · 625 accts · $568K emplr
2017$16.3M · 675 accts · $867K emplr
2016$13.5M · 603 accts · $851K emplr
2015$12.3M · 779 accts · $670K emplr
2014$12.4M · 799 accts · $746K emplr
2013$11.4M · 1,048 accts · $302K emplr
2012$9.7M · 986 accts · $329K emplr
2011$9.1M · 1,342 accts · $841K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$114,629
Trustee / custodial$7,485
Total administrative$132,618
The Pueblo of Laguna 401(k) match · 2024
Employer contribution per active participant$1,356
Median for plans this size$2,416
2024$1,356 per active participant
2023$1,298 per active participant
2022$1,031 per active participant
2021$776 per active participant
2020$436 per active participant
Pueblo of Laguna'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 · 20241
BOKF, NA · Custodial (securities)$132,618
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Source: U.S. Department of Labor, Form 5500 series, EIN 850138325 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.