The Mohegan Tribe of Indians of Connecticut 401(k) Review & Grade
The Mohegan Retirement and 401(k) Plan
Uncasville, CTArts, Entertainment & Recreation6,440 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$934Employer $ per active participant
$3,461Employee $ saved per active participant
0.03%Direct admin cost, % of plan assets
$500.1MNet plan assets, end of year
$96,137Average balance per account
Score breakdown
- Employer generosity20.6 / 5041th percentile for employer $ per participant
- Low cost22.0 / 2588th percentile for low admin cost vs. same-size plans
- Employee saving9.7 / 1565th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score62 / 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 | 41th |
| Lower admin cost | 88th |
| Employee saving | 65th |
| 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
- Mohegan Tribe of Indians of Connecticut put in about $934 per active participant, below the typical peer ($1,107). Any match is still an instant return, so contribute enough to get all of it.
- 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.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $6,013,030 |
| Participant (employee) contributions | $22,287,588 |
| Other contributions (incl. rollovers in) | $2,264,807 |
| Administrative expenses paid from the plan | $161,919 |
| Contract administrator fees | $4,495 |
| Investment advisory & management fees | $73,210 |
| Benefits paid out | $42,335,233 |
| Net assets, start / end of year | $440.0M / $500.1M |
| Active participants, start / end of year | 6,567 / 6,314 |
| Participants with account balances | 5,202 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Cliftonlarsonallen LLP |
Largest service providers (Schedule C)
| Schwab Retirement Plan Services,inc | $77,075 reported compensation |
| Capfinancial Partners LLC | $73,212 reported compensation |
| Strother, John F | $11,784 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251008115940NAL0003254387007, received 2025-10-08, EIN 06-1436334, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.