Plan Ledger DOL Form 5500 · updated monthly

White Earth Reservation Tribal Council401(k)

WHITE EARTH COMMERCIAL 401(K) PLAN · MAHNOMEN, MN · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

White Earth Reservation Tribal Council reported $109,461 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $1,956 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 0.35% to 0.39%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other public administration employers. By assets it is the 693rd-largest of 1,918 plans among Minnesota employers on file, and the 27th of 90 in public administration. In 2024, employees put in $1.40 for every $1.00 the employer contributed; active participation has grown from 592 to 667 since 2022.

Plan summary
Net assets, end of year$30,236,837
Participants with balances1,062
Active participants667
Employer contributions$1,304,322
Employee contributions$1,829,952
Employer contribution per active participant$1,956
Average account balance$28,472
Benefits paid to participants$3,118,987
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$30.2M · 1,062 accts · $1.3M emplr
2023$26.2M · 980 accts · $1.1M emplr
2022$21.8M · 965 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$68,551
Investment management$40,910
Total administrative$109,461
The White Earth Reservation Tribal Council 401(k) match · 2024
Employer contribution per active participant$1,956
Median for plans this size$2,416
2024$1,956 per active participant
2023$1,917 per active participant
2022$1,739 per active participant

White Earth Reservation Tribal Council's 2024 employer contribution ran below the $2,416 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 · 20244
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$68,551
LPL FINANCIAL CORPORATION · Consulting$21,251
SECURITIES AMERICA INC · Consulting$19,659
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect 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
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$109,461 · 0.39%
2023$90,246 · 0.38%
2022$84,753 · 0.35%
Similar plansPublic Administration · Minnesota
Jamestown S'Klallam Tribe WA$34.5M · 0.46%
Squaxin Island Tribe WA$28.4M · 0.28%
Redding Rancheria CA$25.6M · 0.06%
Pueblo of Laguna NM$25.5M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411737979 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.