Mashantucket Pequot Tribe 401(k) Review & Grade
Mashantucket Pequot Tribe 401(k) Retirement Plan
Mashantucket, CTArts, Entertainment & Recreation4,296 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,356Employer $ per active participant
$3,405Employee $ saved per active participant
0.01%Direct admin cost, % of plan assets
$424.9MNet plan assets, end of year
$103,635Average balance per account
Score breakdown
- Employer generosity30.9 / 5062th percentile for employer $ per participant
- Low cost24.3 / 2597th percentile for low admin cost vs. same-size plans
- Employee saving9.3 / 1562th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score68 / 100 · Grade B
This plan vs. peers
Peers: Arts, Entertainment & Recreation plans with 2,500–9,999 active participants (35 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 62th |
| Lower admin cost | 97th |
| Employee saving | 62th |
| Peers that auto-enroll | 43% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Mashantucket Pequot Tribe put in about $1,356 per active participant, more than the typical peer ($1,107). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- 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 | $5,825,161 |
| Participant (employee) contributions | $14,630,004 |
| Other contributions (incl. rollovers in) | $519,035 |
| Administrative expenses paid from the plan | $44,545 |
| Other admin expenses | $1,700 |
| Benefits paid out | $36,426,052 |
| Net assets, start / end of year | $402.9M / $424.9M |
| Active participants, start / end of year | 4,304 / 4,288 |
| Participants with account balances | 4,100 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Caron & Bletzer, PLLC |
Largest service providers (Schedule C)
| Merrill Lynch, Pierce, Fenner and S | $32,735 reported compensation |
| Caron & Bletzer, PLLC | $10,110 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250811133322NAL0006986337001, received 2025-08-11, EIN 06-0995554, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.