Plan Ledger DOL Form 5500 · updated monthly

Soboba Band of Luiseno Indians401(k)

SOBOBA CASINO OPERATIONS 401(K) PLAN · SAN JACINTO, CA · plan year 2024

Reported admin expense ratio · 2024
0.61%

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

Soboba Band of Luiseno Indians reported $147,305 in plan administrative expenses for 2024: 0.61% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,068 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 0.68% to 0.61%. 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 2,985th-largest of 9,483 plans among California employers on file, and the 830th of 3,341 in other services. In 2024, employees put in $1.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$26,260,497
Participants with balances750
Active participants1,276
Employer contributions$1,363,166
Employee contributions$2,051,849
Employer contribution per active participant$1,068
Average account balance$35,014
Benefits paid to participants$2,665,699
Plan auditUnmodified (clean) audit opinion
AuditorMACIAS GINI & O'CONNELL LLP
Plan history3
Yearassets · accounts · employer contribution
2024$26.3M · 750 accts · $1.4M emplr
2023$22.2M · 734 accts · $1.4M emplr
2022$18.0M · 718 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$147,305
Total administrative$147,305
The Soboba Band of Luiseno Indians 401(k) match · 2024
Employer contribution per active participant$1,068
Median for plans this size$2,416
2024$1,068 per active participant
2023$1,099 per active participant
2022$1,087 per active participant

Soboba Band of Luiseno 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
MUTUAL OF AMERICA SEC. CORP LLC · Recordkeeping · Loan processing$106,584
WILSHIRE ASSOCIATES INC. · Named fiduciary$12,347

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$147,305 · 0.61%
2023$132,296 · 0.66%
2022$124,618 · 0.68%
Similar plansOther Services · California
Simco Electronics CA$26.8M · 0.51%
San Francisco Spca CA$26.4M · 0.38%
Seiu Local 1021 CA$25.4M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593828541 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.