Nisqually Red Wind Casino 401(k) Review & Grade
Nisqually Red Wind 401(k) Plan
Olympia, WAArts, Entertainment & Recreation622 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,442Employer $ per active participant
$2,665Employee $ saved per active participant
0.39%Direct admin cost, % of plan assets
$18.7MNet plan assets, end of year
$45,162Average balance per account
Score breakdown
- Employer generosity33.3 / 5067th percentile for employer $ per participant
- Low cost7.8 / 2531th percentile for low admin cost vs. same-size plans
- Employee saving8.5 / 1557th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score53 / 100 · Grade C
This plan vs. peers
Peers: Arts, Entertainment & Recreation plans with 500–2,499 active participants (225 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 67th |
| Lower admin cost | 31th |
| Employee saving | 57th |
| Peers that auto-enroll | 38% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Nisqually Red Wind Casino put in about $1,442 per active participant, more than the typical peer ($995). 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 (0.39% 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 | $897,861 |
| Participant (employee) contributions | $1,658,989 |
| Other contributions (incl. rollovers in) | $38,623 |
| Administrative expenses paid from the plan | $66,920 |
| Investment advisory & management fees | $57,720 |
| Other admin expenses | $9,200 |
| Benefits paid out | $1,507,365 |
| Net assets, start / end of year | $15.5M / $18.7M |
| Active participants, start / end of year | 683 / 562 |
| Participants with account balances | 413 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Bluebird Cpas |
Largest service providers (Schedule C)
| Bokf, NA | $66,920 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251009144153NAL0007153041001, received 2025-10-09, EIN 91-1789472, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.