Twenty-Nine Palms Enterprises Corp 401(k) Review & Grade
Twenty-Nine Palms Band of Mission Indians 401(k) and Profit Sharing Plan
Coachella, CAArts, Entertainment & Recreation1,084 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$968Employer $ per active participant
$2,006Employee $ saved per active participant
0.35%Direct admin cost, % of plan assets
$13.5MNet plan assets, end of year
$10,191Average balance per account
Score breakdown
- Employer generosity24.6 / 5049th percentile for employer $ per participant
- Low cost8.8 / 2535th percentile for low admin cost vs. same-size plans
- Employee saving6.4 / 1542th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score40 / 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 | 49th |
| Lower admin cost | 35th |
| Employee saving | 42th |
| Peers that auto-enroll | 38% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($281,871 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- Twenty-Nine Palms Enterprises put in about $968 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 (0.35% 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.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $1,049,005 |
| Participant (employee) contributions | $2,174,724 |
| Other contributions (incl. rollovers in) | $39,729 |
| Administrative expenses paid from the plan | $41,908 |
| Investment advisory & management fees | $1,635 |
| Benefits paid out | $1,481,026 |
| Net assets, start / end of year | $10.4M / $13.5M |
| Active participants, start / end of year | 1,146 / 1,022 |
| Participants with account balances | 1,323 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Redw LLC |
Largest service providers (Schedule C)
| Usi Consulting Group | $40,272 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260227164441NAL0001453170001, received 2026-02-27, EIN 33-0971551, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.