Pala Band of Mission Indians 401(k) match, vesting and fees
What Pala Band of Mission Indians' 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 | Alerus Financial, N.A. | Schedule C ↗ |
| Independent auditor | Houldsworth, Russo & Co., P.C. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 11 defined-contribution plans in public administration with 500 to 999 participants.
| Pala Band of Mission Indians: employer contribution per participant | $1,502 | |
| Peer median | $2,156 |
| Pala Band of Mission Indians: average balance | $79,714 | |
| Peer median | $66,276 |
| Pala Band of Mission Indians: admin expenses ÷ assets | 0.42% | |
| Peer median | 0.42% |
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 $64.6M at the end of plan year 2023 to $71.3M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 1,425 | $71.3M | $1.3M | $1,502 | 0.42% | Not published | Form 5500 ↗ |
| 2023 | 1,407 | $64.6M | $1.3M | $1,419 | 0.43% | Not published | Form 5500 ↗ |
Common questions
Does Pala Band of Mission Indians match 401(k) contributions?
The match terms for the Pala 401(k) Retirement Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $1.3M in employer contributions, about $1,502 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Pala Band of Mission Indians 401(k) match vested?
The vesting schedule for the Pala 401(k) Retirement Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Pala Band of Mission Indians 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Alerus Financial, N.A.. The plan administrator is Pala Band of Mission Indians.
I left Pala Band of Mission Indians. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Pala Band of Mission Indians, (760) 891-3500) or the recordkeeper, Alerus Financial, N.A.. The Pala Band of Mission Indians old 401(k) page lists the contacts from every plan filing. Find an old Pala Band of Mission Indians 401(k)
Data from the public Form 5500 annual reports Pala Band of Mission 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 Pala Band of Mission Indians. Not financial advice. Report a correction · Methodology