401(k)
2023 plan-year 401(k) DOL Form 5500

Sault Tribe 401 (K) Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Sault Tribe · Michigan · Public Administration

What the 2023 filing shows

Sault Tribe 401 (K) Plan holds $46M for 1,211 participants — about $37,803 per participant, up 21.4% over the 2023 plan year.

$46M
total plan assets (2023 EOY)
1,211
covered participants
$37,803
avg assets per participant
+21.4%
assets growth YoY
Total Assets (2023)
$46M
Participants
1,211
State
Industry
Public Administration

What the Filing Says About Sault Tribe 401 (K) Plan

Sault Tribe 401 (K) Plan is a 401(k) retirement plan sponsored by Sault Tribe, headquartered in Michigan. As of the 2023 Form 5500 filing, the plan reports $46M in total end-of-year assets and covers 1,211 participants across the Public Administration industry. The sponsor's EIN on file with the U.S. Department of Labor is 237249643, and the plan has been effective since 1998-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $38M at the beginning of 2023 to $46M at year-end — a gain of 21.4%. Net assets (after liabilities) closed the year at $46M, with reported net income of $8M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$38M
Total Assets (End of Year)$46M
Net Assets (End of Year)$46M
Net Income$8M
Plan Type401(k)
Employer EIN237249643
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sault Tribe)

Year Plans Participants Total Assets
2022 1 1,182 $38M
2023 1 1,211 $46M
2024 1 1,188 $50M

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Frequently Asked Questions

How much money is in the Sault Tribe 401 (K) Plan?
As of the 2023 Form 5500 filing, Sault Tribe 401 (K) Plan holds $46M in total assets with 1,211 participants. It is sponsored by Sault Tribe.
What type of plan is Sault Tribe 401 (K) Plan?
Sault Tribe 401 (K) Plan is a 401(k) plan. It has been effective since 1998-01-01. The plan is filed with the U.S. Department of Labor under EIN 237249643.
Who sponsors the Sault Tribe 401 (K) Plan?
Sault Tribe 401 (K) Plan is sponsored by Sault Tribe, located in Michigan. The sponsor's EIN is 237249643 and the plan operates in the Public Administration industry.
How did Sault Tribe 401 (K) Plan perform in 2023?
Sault Tribe 401 (K) Plan grew by 21.4% during 2023, moving from $38M to $46M in total assets. Net income was $8M.
Where can I find official filings for Sault Tribe 401 (K) Plan?
Official Form 5500 filings for Sault Tribe 401 (K) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 237249643 or plan name at efast.dol.gov.
How does Sault Tribe 401 (K) Plan compare to other plans?
You can compare Sault Tribe 401 (K) Plan against other 401(k) plans on the plan type page, or view plans in Michigan on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 237249643.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.