Tuolumne Band of Me-Wuk Indians 401(k) Review & Grade
Tuolumne Me-Wuk Tribal Council Retirement 401(k) Plan
Tuolumne, CAArts, Entertainment & Recreation872 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,329Employer $ per active participant
$2,484Employee $ saved per active participant
0.29%Direct admin cost, % of plan assets
$30.6MNet plan assets, end of year
$47,416Average balance per account
Score breakdown
- Employer generosity31.7 / 5063th percentile for employer $ per participant
- Low cost10.5 / 2542th percentile for low admin cost vs. same-size plans
- Employee saving8.0 / 1553th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score40 / 100 · Grade D
This plan vs. peers
Peers: Arts, Entertainment & Recreation plans with 500–2,499 active participants (225 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 63th |
| Lower admin cost | 42th |
| Employee saving | 53th |
| 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 ($52,403 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $414 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Tuolumne Band of Me-Wuk Indians put in about $1,329 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.
- 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 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 | $1,159,286 |
| Participant (employee) contributions | $2,165,662 |
| Other contributions (incl. rollovers in) | $347,627 |
| Administrative expenses paid from the plan | $81,705 |
| Investment advisory & management fees | $26,358 |
| Benefits paid out | $2,123,873 |
| Net assets, start / end of year | $26.3M / $30.6M |
| Active participants, start / end of year | 853 / 891 |
| Participants with account balances | 645 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Baker Tilly US, LLP |
Largest service providers (Schedule C)
| Capital Group Retirement Plan Svcs. | $38,521 reported compensation |
| Sageview Advisory Group, LLC | $22,497 reported compensation |
| Usi Consulting Group | $20,687 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014172455NAL0001701347001, received 2025-10-14, EIN 77-0121021, plan #005, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.