Plan Ledger DOL Form 5500 · updated monthly

Shakopee Mdewakanton Sioux Cty401(k)

SHAKOPEE MDEWAKANTON SIOUX COMMUNITY GAMING ENTERPRISE 401(K) PLAN · PRIOR LAKE, MN · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Shakopee Mdewakanton Sioux Cty reported $251,036 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $1,908 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 0.22% to 0.15%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 184th-largest of 1,918 plans among Minnesota employers on file, and the 59th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$177,539,751
Participants with balances1,812
Active participants2,646
Employer contributions$5,047,675
Employee contributions$7,751,982
Employer contribution per active participant$1,908
Average account balance$97,980
Benefits paid to participants$15,724,771
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$177.5M · 1,812 accts · $5.0M emplr
2023$155.6M · 1,827 accts · $4.9M emplr
2022$131.0M · 1,777 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$183,323
Investment management$67,713
Total administrative$251,036
The Shakopee Mdewakanton Sioux Cty 401(k) match · 2024
Employer contribution per active participant$1,908
Median for plans this size$3,635
2024$1,908 per active participant
2023$1,839 per active participant
2022$929 per active participant

Shakopee Mdewakanton Sioux Cty'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 · 20243
EMPOWER ANNUITY INSURANCE COMPANY O · Recordkeeping · Loan processing$183,323
MMA SECURITIES LLC · Investment advisory (plan)$65,717

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

Recordkeeper by year2
2024Empower
2023Empower

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

Administrative cost history3
2024$251,036 · 0.15%
2023$272,439 · 0.19%
2022$320,482 · 0.22%
Similar plansArts, Entertainment & Recreation · Minnesota
Life Time, Inc. MN$332.0M · 0.27%
Pci Gaming Authority AL$184.2M · 0.39%
Aspen Skiing Company CO$182.1M · 0.01%
Equinox Holdings, Inc. NY$181.8M · 0.28%
Major League Soccer LLC NY$176.7M · 0.11%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 411690380 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.