San Pasqual Casino Dev Group 401(k) Review & Grade
Valley View Casino 401(k) Plan & Trust
Valley Center, CAArts, Entertainment & Recreation1,028 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,733Employer $ per active participant
$2,674Employee $ saved per active participant
0.42%Direct admin cost, % of plan assets
$39.4MNet plan assets, end of year
$41,673Average balance per account
Score breakdown
- Employer generosity36.8 / 5074th percentile for employer $ per participant
- Low cost7.2 / 2529th percentile for low admin cost vs. same-size plans
- Employee saving8.6 / 1557th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
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 | 74th |
| Lower admin cost | 29th |
| Employee saving | 57th |
| Peers that auto-enroll | 38% |
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Red flags from the filing
Corrective distributions: the plan refunded $82,166 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- San Pasqual Casino Dev Group put in about $1,733 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 (0.42% 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 | $1,781,113 |
| Participant (employee) contributions | $2,749,098 |
| Other contributions (incl. rollovers in) | $111,736 |
| Administrative expenses paid from the plan | $152,139 |
| Investment advisory & management fees | $86,426 |
| Benefits paid out | $2,286,308 |
| Net assets, start / end of year | $33.2M / $39.4M |
| Active participants, start / end of year | 1,019 / 1,037 |
| Participants with account balances | 945 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | PKF San Diego, LLP |
Largest service providers (Schedule C)
| NFP Retirement Inc | $84,585 reported compensation |
| Empower Annuity Insurance Company O | $65,713 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251003162029NAL0000966323001, received 2025-10-03, EIN 33-0926655, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.