Squaxin Island Gaming Enterprises D/B/A Little Cre 401(k) Review & Grade
Squaxin Island Gaming Enterprises 401(k)/profit Sharing Plan
Shelton, WAArts, Entertainment & Recreation578 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,918Employer $ per active participant
$2,948Employee $ saved per active participant
0.51%Direct admin cost, % of plan assets
$26.2MNet plan assets, end of year
$29,560Average balance per account
Score breakdown
- Employer generosity39.5 / 5079th percentile for employer $ per participant
- Low cost5.6 / 2522th percentile for low admin cost vs. same-size plans
- Employee saving9.5 / 1563th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-20 pts2 issues reported on the filing
Total score45 / 100 · Grade C
This plan vs. peers
Peers: Arts, Entertainment & Recreation plans with 500–2,499 active participants (225 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 79th |
| Lower admin cost | 22th |
| Employee saving | 63th |
| Peers that auto-enroll | 38% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($568,401 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Benefits not paid when due: the plan reported failing to pay some benefits on time.
What to do if you're in this plan
- Squaxin Island Gaming Enterprises D/B/A Little Cre put in about $1,918 per active participant, more than the typical peer ($995). 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.
- Direct plan expenses (0.51% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $1,107,554 |
| Participant (employee) contributions | $1,702,192 |
| Other contributions (incl. rollovers in) | $113,933 |
| Administrative expenses paid from the plan | $126,423 |
| Investment advisory & management fees | $45,797 |
| Benefits paid out | $2,979,131 |
| Net assets, start / end of year | $23.2M / $26.2M |
| Active participants, start / end of year | 568 / 587 |
| Participants with account balances | 886 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Bluebird, Cpa's |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $80,626 reported compensation |
| LPL Financial LLC | $45,797 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015111527NAL0009275682001, received 2025-10-15, EIN 91-1684706, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.