Profit Sharing · DOL Form 5500 · 2023

Cherokee Nation Businesses LLC 401(k) Plan

Data updated 2026-07-24

$401M
Total assets
6,932
Participants
97th
Percentile by assets
$57,874
Avg per participant

Sponsored by Cherokee Nation Businesses, LLC · Oklahoma · Arts, Entertainment & Recreation

Cherokee Nation Businesses, LLC's Cherokee Nation Businesses LLC 401(k) Plan reported $401M in total assets and 6,932 participants in its 2023 DOL Form 5500 filing, ranking in the 97th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

What the 2023 filing shows

Cherokee Nation Businesses LLC 401(k) Plan holds $401M for 6,932 participants - about $57,874 per participant, in the top 5% of all filed plans by assets, up 25.0% over the 2023 plan year.

$401M
total plan assets (2023 EOY)
6,932
covered participants
97th
percentile by assets (of 126,618 plans)
$57,874
avg assets per participant
State
Industry
Arts, Entertainment & Recreation

Profit Sharing · DOL Form 5500 · 2023

What the Filing Says About Cherokee Nation Businesses LLC 401(k) Plan

Cherokee Nation Businesses LLC 401(k) Plan is a Profit Sharing retirement plan sponsored by Cherokee Nation Businesses, LLC, headquartered in Oklahoma. According to the U.S. Department of Labor's 2023 Form 5500 filing, the plan reports $401M in total end-of-year assets and covers 6,932 participants across the Arts, Entertainment & Recreation industry. The sponsor's EIN on file with the U.S. Department of Labor is 113784371, and the plan has been effective since 1993-10-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets grew sharply from $321M at the beginning of 2023 to $401M at year-end - up 25.0%. Net assets (after liabilities) closed the year at $401M, with reported net income of $80M 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.

Across the 3 plan years Cherokee Nation Businesses, LLC has on file with PlainRetire (2022-2024), sponsor-wide plan assets have moved from $321M to $492M, a gain of 53.3%, while reported participants moved from 6,151 to 7,735 (+25.8%). The strongest year on file by total sponsor assets was 2024 at $492M; the softest was 2022 at $321M. Year-by-year, sponsor-wide filings show: 2022 - $321M in assets across 1 plan covering 6,151 participants; 2023 - $401M in assets across 1 plan covering 6,932 participants; 2024 - $492M in assets across 1 plan covering 7,735 participants.

By assets, Cherokee Nation Businesses LLC 401(k) Plan outranks 97% of the 126,618 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 4.0x the national average plan size of $100M and 730 average participants.

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.

How the percentile is calculated: we count every plan that filed a 2023 Form 5500 with a reported end-of-year asset figure (126,618 plans), rank Cherokee Nation Businesses LLC 401(k) Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.

Financial Summary (2023)

Total Assets (Beginning of Year)$321M
Total Assets (End of Year)$401M
Net Assets (End of Year)$401M
Net Income$80M
Plan TypeProfit Sharing
Employer EIN113784371
Plan Effective Date1993-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Cherokee Nation Businesses, LLC)

$300M$400M$500M$600M 202220232024 $321M $492M ▲ +53.3%
Total plan assets by year, all Cherokee Nation Businesses, LLC 401(k) plans on file
Year Plans Participants Total Assets
2022 1 6,151 $321M
2023 1 6,932 $401M
2024 1 7,735 $492M

Nearby Profit Sharing Plans in Oklahoma

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Cherokee Nation Businesses LLC 401(k) Plan vs. nearby Profit Sharing plans in Oklahoma, assets vs. participants

Cherokee Nation Businesses LLC 401(k) Plan vs. nearby Profit Sharing plans in Oklahoma, assets vs. participants Scatter plot of 6 data points. 02000400060008000 2004006008001000 Total assets ($M) Participants Cherokee Nation Busi…Devon Energy Corpora…One Gas, Inc. 401(k)…Oge Energy Corp. Emp…The University of Tu…Saint Francis Health…
Cherokee Nation Businesses LLC 401(k) Plan vs. nearby Profit Sharing plans in Oklahoma, assets vs. participants

Frequently Asked Questions

How much money is in the Cherokee Nation Businesses LLC 401(k) Plan?
As of the 2023 Form 5500 filing, Cherokee Nation Businesses LLC 401(k) Plan holds $401M in total assets with 6,932 participants. It is sponsored by Cherokee Nation Businesses, LLC.
What type of plan is Cherokee Nation Businesses LLC 401(k) Plan?
Cherokee Nation Businesses LLC 401(k) Plan is a Profit Sharing plan. It has been effective since 1993-10-01. The plan is filed with the U.S. Department of Labor under EIN 113784371.
Who sponsors the Cherokee Nation Businesses LLC 401(k) Plan?
Cherokee Nation Businesses LLC 401(k) Plan is sponsored by Cherokee Nation Businesses, LLC, located in Oklahoma. The sponsor's EIN is 113784371 and the plan operates in the Arts, Entertainment & Recreation industry.
How did Cherokee Nation Businesses LLC 401(k) Plan perform in 2023?
Cherokee Nation Businesses LLC 401(k) Plan grew sharply - up 25.0% during 2023, moving from $321M to $401M in total assets. Net income was $80M.

What this filing means

Ways to act on Cherokee Nation Businesses LLC 401(k) Plan's numbers.

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 113784371.

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.

Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-07-24.