Plan Snapshot
- Plan Sponsor: Seneca Nation Of Indians
- Sponsor EIN: 160786768
- Sponsor Address: PO BOX 231, SALAMANCA, NY, 14779
- Plan Type: 401(k)
- Total Participants: 1,570
- Total Assets: $37.3M
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 | 1,570 | $37.3M | $1.2M | $1.9M |
| 2023 | 1,518 | $32.4M | $1.1M | $1.7M |
| 2022 | 1,472 | $26.8M | $1.0M | $1.6M |
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 |
|---|---|---|---|---|
| R.A. MERCER & CO., P.C. | 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 | $28,696 | $17,096 | $10,050 | — | — |
| 2023 | $25,316 | $25,316 | — | — | — |
| 2022 | $20,418 | $20,418 | — | — | — |