Plan Snapshot
- Plan Sponsor: Mississippi Band Of Choctaw Indians
- Sponsor EIN: 640345731
- Sponsor Address: PO BOX 6090, CHOCTAW, MS, 39350
- Plan Type: 401(k)
- Total Participants: 2,450
- Total Assets: $40.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 2,450 | $40.7M | $2.4M | $3.4M |
| 2023 | 2,303 | $39.8M | $2.1M | $3.3M |
| 2022 | 2,177 | $34.7M | $1.9M | $2.9M |
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 |
|---|---|---|---|---|
| TRAILBREAKER ACCOUNTING PLLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $338,295 | — | $338,295 | — | — |
| 2023 | $141,097 | $20,625 | — | $34,000 | — |
| 2022 | $111,380 | $27,000 | — | — | $1,393 |