Plan Snapshot
- Plan Sponsor: Cherokee Nation Businesses, LLC
- Sponsor EIN: 113784371
- Sponsor Address: 2ND W. 2ND STREET, TULSA, OK, 74103
- Plan Type: Health & Welfare
- Plan Number: 505
- Total Participants: 272
- Total Assets: $5.3M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 272 | $5.3M | $1.6M | $349,197 |
| 2023 | 737 | $5.0M | $2.7M | $614,955 |
| 2022 | 651 | $2.9M | $2.5M | $662,699 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| UMR, INC. | Other Service Provider | $35,007 | — | $35,007 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $35,007
- Estimated Expense Ratio: 0.659% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $35,007 | — | $35,007 | — | — |
| 2023 | $72,066 | — | $72,066 | — | — |
| 2022 | $50,393 | — | $39,425 | — | — |