Plan Ledger DOL Form 5500 · updated monthly

Tribal Casino Gaming Enterprise401(k)

TRIBAL CASINO GAMING ENTERPRISE 401(K) SAVINGS PLAN · CHEROKEE, NC · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Tribal Casino Gaming Enterprise reported $498,821 in plan administrative expenses for 2024: 0.33% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,338 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 3 years on file its reported administrative ratio has held roughly steady near 0.33%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 143rd-largest of 2,005 plans among North Carolina employers on file, and the 59th of 2,240 in accommodation & food services. In 2024, employees put in $1.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$159,067,509
Participants with balances4,539
Active participants3,428
Employer contributions$8,015,350
Employee contributions$11,357,657
Employer contribution per active participant$2,338
Average account balance$35,045
Benefits paid to participants$19,362,412
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$159.1M · 4,539 accts · $8.0M emplr
2023$142.0M · 4,613 accts · $8.1M emplr
2022$118.0M · 4,830 accts · $8.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$427,406
Investment management$61,515
Audit (IQPA)$9,900
Total administrative$498,821
The Tribal Casino Gaming Enterprise 401(k) match · 2024
Employer contribution per active participant$2,338
Median for plans this size$3,635
2024$2,338 per active participant
2023$2,214 per active participant
2022$2,238 per active participant

Tribal Casino Gaming Enterprise's 2024 employer contribution ran below the $3,635 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 · 20243
LINCOLN NATIONAL CORPORATION · Contract administrator$427,406
USI ADVISORS · Contract administrator$61,515
FORVIS LLP · Contract administrator$9,900

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$498,821 · 0.33%
2023$449,032 · 0.35%
2022$424,346 · 0.34%
Same employer
Similar plansAccommodation & Food Services · North Carolina
Compass Group USA, Inc. NC$2.5B · 0.22%
Elior, Inc. NC$102.0M · 0.47%
Esa Management, LLC NC$80.9M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561972062 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.