East Valley Tourist Development Authority DBA 401(k) Review & Grade
Evtda DBA Fantasy Springs Resort Casino 401(k) Plan
Indio, CAArts, Entertainment & Recreation1,125 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$629Employer $ per active participant
$2,516Employee $ saved per active participant
0.43%Direct admin cost, % of plan assets
$30.5MNet plan assets, end of year
$47,321Average balance per account
Score breakdown
- Employer generosity18.5 / 5037th percentile for employer $ per participant
- Low cost7.1 / 2528th percentile for low admin cost vs. same-size plans
- Employee saving8.2 / 1554th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score34 / 100 · Grade D
This plan vs. peers
Peers: Arts, Entertainment & Recreation plans with 500–2,499 active participants (225 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 37th |
| Lower admin cost | 28th |
| Employee saving | 54th |
| Peers that auto-enroll | 38% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Corrective distributions: the plan refunded $19,056 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- East Valley Tourist Development Authority DBA put in about $629 per active participant, below the typical peer ($995). Any match is still an instant return, so contribute enough to get all of it.
- 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 (0.43% 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.
- 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 | $707,513 |
| Participant (employee) contributions | $2,830,037 |
| Other contributions (incl. rollovers in) | $154,868 |
| Administrative expenses paid from the plan | $123,206 |
| Contract administrator fees | $12,257 |
| Investment advisory & management fees | $63,833 |
| Other admin expenses | $125 |
| Benefits paid out | $3,090,411 |
| Net assets, start / end of year | $27.4M / $30.5M |
| Active participants, start / end of year | 1,100 / 1,150 |
| Participants with account balances | 644 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Macias Gini & O'connell LLP |
Largest service providers (Schedule C)
| Alliant Insurance Services Inc DBA | $63,833 reported compensation |
| Empower Annuity Insurance Company O | $37,199 reported compensation |
| Macias Gini and Oconnell LLP | $22,050 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015155157NAL0010477058001, received 2025-10-15, EIN 95-3835364, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.