Plan Snapshot
- Plan Sponsor: Jena Choctaw Indian Gaming Authority
- Sponsor EIN: 300725891
- Sponsor Address: 149 CHAHTA TRAILS, DRY PRONG, LA, 71423
- Plan Type: 401(k)
- Total Participants: 250
- Total Assets: $3.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 250 | $3.2M | $220,454 | $309,964 |
| 2023 | 239 | $2.7M | $220,378 | $287,957 |
| 2022 | 238 | $2.1M | $208,204 | $294,173 |
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 |
|---|---|---|---|---|
| NEWPORT GROUP, INC. | Recordkeeper | $14,057 | — | $14,057 |
| MERRILL LYNCH RETIREMENT & BENEFIT | Investment Advisor | $9,453 | — | $9,453 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $23,510
- Estimated Expense Ratio: 0.733% 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 | $23,510 | $9,453 | $14,057 | — | — |
| 2023 | $13,518 | $3,060 | $10,458 | — | — |
| 2022 | $23,871 | $4,565 | $19,306 | — | — |