Plan Ledger DOL Form 5500 · updated monthly

Sauk Business Enterprises401(k)

THE BLACK HAWK CASINO 401(K) PLAN · SHAWNEE, OK · plan year 2024

Reported admin expense ratio · 2024
1.16%

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

Sauk Business Enterprises reported $13,210 in plan administrative expenses for 2024: 1.16% of average plan assets, higher than ~75% of peers. Employer contributions averaged $765 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 1.24% to 1.16%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other public administration employers. By assets it is among the smaller plans on file in Oklahoma (668th of 724), and 83rd of 90 in public administration. In 2024, employees put in $1.24 for every $1.00 the employer contributed; active participation has grown from 129 to 150 since 2022.

Plan summary
Net assets, end of year$1,316,246
Participants with balances257
Active participants150
Employer contributions$114,761
Employee contributions$142,313
Employer contribution per active participant$765
Average account balance$5,122
Benefits paid to participants$46,449
Plan auditUnmodified (clean) audit opinion
AuditorROSE ROCK CPAS, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$1.3M · 257 accts · $115K emplr
2023$965K · 221 accts · $69K emplr
2022$653K · 223 accts · $79K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,210
Total administrative$13,210
The Sauk Business Enterprises 401(k) match · 2024
Employer contribution per active participant$765
Median for plans this size$1,313
2024$765 per active participant
2023$466 per active participant
2022$610 per active participant

Sauk Business Enterprises's 2024 employer contribution ran below the $1,313 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 · 20245
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$15,960
ACTUARIAL SERVICES GROUP, INC. · Recordkeeping · Loan processing$315
PENSION PLANNING CONSULTANTS, INC. · Recordkeeping · Loan processing$175
MESIROW FINANCIAL INC · Investment advisory (plan)$229
CETERA FINANCIAL GROUP · Insurance broker · Insurance 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
2024ACTUARIAL SERVICES GROUP, INC., PENSION PLANNING CONSULTANTS, INC., Transamerica
2023ACTUARIAL SERVICES GROUP, INC., Transamerica

This plan has changed recordkeepers within these filings. If you left Sauk Business Enterprises before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$13,210 · 1.16%
2023$11,345 · 1.40%
2022$8,740 · 1.24%
Same employer
Similar plansPublic Administration · Oklahoma
Kickapoo Tribe of Oklahoma OK$16.0M · 0.02%
Elwyn New Jersey PA$2.4M · 1.78%
Gems Americas, Inc. IL$2.3M · 1.42%
Catawba Indian Nation SC$1.3M · 1.88%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020713814 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.