Bay Mills Indian Community 401(k) match, vesting and fees
What Bay Mills Indian Community's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Newport Group, Inc. | Schedule C ↗ |
| Independent auditor | Rehmann Robson LLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 51 defined-contribution plans in public administration with 100 to 499 participants.
| Bay Mills Indian Community: employer contribution per participant | $1,519 | |
| Peer median | $2,018 |
| Bay Mills Indian Community: average balance | $40,385 | |
| Peer median | $40,385 |
| Bay Mills Indian Community: admin expenses ÷ assets | 0.29% | |
| Peer median | 0.40% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $10.7M at the end of plan year 2023 to $12.2M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 658 | $12.2M | $457K | $1,519 | 0.29% | Not published | Form 5500 ↗ |
| 2023 | 603 | $10.7M | $416K | $1,530 | 0.35% | Not published | Form 5500 ↗ |
Common questions
Does Bay Mills Indian Community match 401(k) contributions?
The match terms for the Bay Mills Indian Community 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $457K in employer contributions, about $1,519 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Bay Mills Indian Community 401(k) match vested?
The vesting schedule for the Bay Mills Indian Community 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Bay Mills Indian Community 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Newport Group, Inc.. The plan administrator is Bay Mills Indian Community.
I left Bay Mills Indian Community. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Bay Mills Indian Community, (906) 248-3241) or the recordkeeper, Newport Group, Inc.. The Bay Mills Indian Community old 401(k) page lists the contacts from every plan filing. Find an old Bay Mills Indian Community 401(k)
Data from the public Form 5500 annual reports Bay Mills Indian Community filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Bay Mills Indian Community. Not financial advice. Report a correction · Methodology