Plan Ledger DOL Form 5500 · updated monthly

Seneca Nation of Indians401(k)

SENECA NATION OF INDIANS 401(K) PLAN · SALAMANCA, NY · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Seneca Nation of Indians reported $28,696 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $737 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 0.07% to 0.08%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 1,693rd-largest of 5,648 plans among New York employers on file, and the 580th of 3,341 in other services. In 2024, employees put in $1.65 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$37,302,305
Participants with balances709
Active participants1,570
Employer contributions$1,156,688
Employee contributions$1,909,965
Employer contribution per active participant$737
Average account balance$52,613
Benefits paid to participants$3,244,114
Plan auditUnmodified (clean) audit opinion
AuditorR.A. MERCER & CO., P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$37.3M · 709 accts · $1.2M emplr
2023$32.4M · 711 accts · $1.1M emplr
2022$26.8M · 698 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,050
Investment management$17,096
Total administrative$28,696
The Seneca Nation of Indians 401(k) match · 2024
Employer contribution per active participant$737
Median for plans this size$2,416
2024$737 per active participant
2023$713 per active participant
2022$680 per active participant

Seneca Nation of Indians's 2024 employer contribution ran below the $2,416 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
ACTUARIAL CONSULTING SERVICES, INC.$17,096
UBS FINANCIAL SERVICES INC.indirect comp

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$28,696 · 0.08%
2023$25,316 · 0.09%
2022$20,418 · 0.07%
Similar plansOther Services · New York
Lgi Services, LLC NY$40.0M · 0.41%
Help USA, Inc. NY$37.6M · 0.94%
Ur Medicine Home Care Inc. NY$37.6M · 0.27%
Qsac, Inc. NY$34.7M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 160786768 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.