Absentee Shawnee Tribe of Indians of Oklahoma 401(k) Review & Grade
Absentee Shawnee Tribe Savings Incentive Plan
Shawnee, OKOther Services576 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,726Employer $ per active participant
$3,757Employee $ saved per active participant
0.63%Direct admin cost, % of plan assets
$20.5MNet plan assets, end of year
$29,361Average balance per account
Score breakdown
- Employer generosity39.5 / 5079th percentile for employer $ per participant
- Low cost4.0 / 2516th percentile for low admin cost vs. same-size plans
- Employee saving9.7 / 1564th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score60 / 100 · Grade B
This plan vs. peers
Peers: Other Services plans with 500–2,499 active participants (333 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 79th |
| Lower admin cost | 16th |
| Employee saving | 64th |
| Peers that auto-enroll | 40% |
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Red flags from the filing
Corrective distributions: the plan refunded $32,826 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Absentee Shawnee Tribe of Indians of Oklahoma put in about $2,726 per active participant, more than the typical peer ($1,257). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.63% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $1,569,914 |
| Participant (employee) contributions | $2,163,986 |
| Other contributions (incl. rollovers in) | $424,028 |
| Administrative expenses paid from the plan | $115,124 |
| Contract administrator fees | $25,455 |
| Investment advisory & management fees | $89,669 |
| Benefits paid out | $1,791,125 |
| Net assets, start / end of year | $16.0M / $20.5M |
| Active participants, start / end of year | 567 / 585 |
| Participants with account balances | 698 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Rose Rock Cpas |
Largest service providers (Schedule C)
| Redstone Wealth Management | $89,669 reported compensation |
| Stancorp Financial Group | $62,542 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014180237NAL0001734499001, received 2025-10-14, EIN 73-0772869, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.