Mississippi Band of Choctaw Indians 401(k) match, vesting and fees

Plan year 2024 filingMbci Tribal Government Enterprise 401(k) Plan · Plan 002 · EIN 64-0345731Updated Oct 2026

What Mississippi Band of Choctaw Indians' 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2024 filing reports $2.4M in employer contributions, about $1,052 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2024 Form 5500 ↗
$17,954
Average account balance
3,126
Participants (end of year)
$40.7M
Plan assets (end of year)
0.84%
Admin expenses ÷ assets

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.

RecordkeeperPrincipal Life Insurance CompanySchedule C ↗
Independent auditorTrailbreaker Accounting PLLC (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗
Late participant contributionsReported on the filingSchedule H ↗

How the plan compares

Plan year 2024 medians for 17 defined-contribution plans in public administration with 1,000 to 4,999 participants.

Mississippi Band of Choctaw Indians: employer contribution per participant$1,052
Peer median$1,505
Mississippi Band of Choctaw Indians: average balance$17,954
Peer median$35,263
Mississippi Band of Choctaw Indians: admin expenses ÷ assets0.84%
Peer median0.24%

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 $39.8M at the end of plan year 2023 to $40.7M at the end of plan year 2024.

$39.8M2023$40.7M2024
End-of-year figures from each plan year's Form 5500 filing for the Mississippi Band of Choctaw Indians plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
20243,126$40.7M$2.4M$1,0520.84%Not publishedForm 5500 ↗
20234,191$39.8M$2.1M$5790.38%Not publishedForm 5500 ↗

Common questions

Does Mississippi Band of Choctaw Indians match 401(k) contributions?

The match terms for the Mbci Tribal Government Enterprise 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $2.4M in employer contributions, about $1,052 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Mississippi Band of Choctaw Indians 401(k) match vested?

The vesting schedule for the Mbci Tribal Government Enterprise 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Mississippi Band of Choctaw Indians 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Sbsf.

I left Mississippi Band of Choctaw Indians. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Sbsf, (212) 564-2464) or the recordkeeper, Principal Life Insurance Company. The Mississippi Band of Choctaw Indians old 401(k) page lists the contacts from every plan filing. Find an old Mississippi Band of Choctaw Indians 401(k)

Data from the public Form 5500 annual reports Mississippi Band of Choctaw Indians 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 Mississippi Band of Choctaw Indians. Not financial advice. Report a correction · Methodology