Paskenta Band of Nomlaki Indians 401(k) Review & Grade
The Paskenta Band of Nomlaki Indians Enterprise 401(k) Plan
Corning, CAAccommodation & Food Services688 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,591Employer $ per active participant
$2,008Employee $ saved per active participant
0.37%Direct admin cost, % of plan assets
$19.2MNet plan assets, end of year
$34,851Average balance per account
Score breakdown
- Employer generosity46.9 / 5094th percentile for employer $ per participant
- Low cost8.4 / 2534th percentile for low admin cost vs. same-size plans
- Employee saving12.6 / 1584th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score71 / 100 · Grade B
This plan vs. peers
Peers: Accommodation & Food Services plans with 500–2,499 active participants (458 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 94th |
| Lower admin cost | 34th |
| Employee saving | 84th |
| Peers that auto-enroll | 17% |
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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
- Paskenta Band of Nomlaki Indians put in about $1,591 per active participant, more than the typical peer ($266). 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 (0.37% 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 | $1,094,846 |
| Participant (employee) contributions | $1,381,605 |
| Other contributions (incl. rollovers in) | – |
| Administrative expenses paid from the plan | $67,072 |
| Benefits paid out | $2,098,964 |
| Net assets, start / end of year | $17.4M / $19.2M |
| Active participants, start / end of year | 700 / 676 |
| Participants with account balances | 552 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Haynie & Company |
Largest service providers (Schedule C)
| Northwest Plan Services | $67,042 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013112808NAL0001828896001, received 2025-10-13, EIN 68-0339554, plan #004, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.