San Manuel Band of Mission Indians 401(k) Review & Grade
San Manuel Band of Mission Indians 401(k)
San Bernardino, CAArts, Entertainment & Recreation8,118 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,432Employer $ per active participant
$3,520Employee $ saved per active participant
0.03%Direct admin cost, % of plan assets
$404.1MNet plan assets, end of year
$58,815Average balance per account
Score breakdown
- Employer generosity44.1 / 5088th percentile for employer $ per participant
- Low cost22.9 / 2592th percentile for low admin cost vs. same-size plans
- Employee saving10.6 / 1571th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score81 / 100 · Grade A
This plan vs. peers
Peers: Arts, Entertainment & Recreation plans with 2,500–9,999 active participants (35 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 88th |
| Lower admin cost | 92th |
| Employee saving | 71th |
| Peers that auto-enroll | 43% |
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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
- San Manuel Band of Mission Indians put in about $2,432 per active participant, more than the typical peer ($1,107). 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.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- 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 | $19,738,421 |
| Participant (employee) contributions | $28,576,391 |
| Other contributions (incl. rollovers in) | $3,490,354 |
| Administrative expenses paid from the plan | $96,809 |
| Contract administrator fees | $1,200 |
| Benefits paid out | $31,464,547 |
| Net assets, start / end of year | $336.1M / $404.1M |
| Active participants, start / end of year | 8,867 / 7,368 |
| Participants with account balances | 6,871 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Miller Kaplan Arase LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $87,380 reported compensation |
| Miller Kaplan | $16,275 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251010082857NAL0017988930001, received 2025-10-10, EIN 33-0526268, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.