Plan Ledger DOL Form 5500 · updated monthly

Alaska Communications Systems Holdings, Inc.401(k)

ALASKA COMMUNICATIONS EMPLOYEE 401(K) SAVINGS PLAN FOR ALASKA · ANCHORAGE, AK · plan year 2024

Reported admin expense ratio · 2024
0.25%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

Alaska Communications Systems Holdings, Inc. reported $166,326 in plan administrative expenses for 2024: 0.25% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.27% to 0.25%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other information & media employers. By assets it is the 30th-largest of 160 plans among Alaska employers on file, and the 411th of 2,199 in information & media. active participation has shrunk from 496 to 420 since 2022.

Plan summary
Net assets, end of year$68,369,244
Participants with balances672
Active participants420
Employer contributions$0
Employee contributions$3,848,510
Employer contribution per active participant$0
Average account balance$101,740
Benefits paid to participants$8,311,306
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$68.4M · 672 accts
2023$62.9M · 678 accts
2022$56.7M · 725 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,229
Investment management$78,959
Total administrative$166,326
The Alaska Communications Systems Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$3,635

Alaska Communications Systems Holdings, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
HUMAN INVESTING · Investment advisory (plan) · Other services$76,226
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$64,387
BAKER TILLY US, LLP · Accounting / audit$13,125
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$12,749

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$166,326 · 0.25%
2023$132,413 · 0.22%
2022$171,852 · 0.27%
Same employer
Similar plansInformation & Media · Alaska
Gci Communication Corp. AK$443.0M · 0.04%
Collibra Inc. NY$69.2M · 0.10%
Fivetran, Inc. CA$69.1M · 0.11%
Ot Technology, Inc. GA$68.9M · 0.04%
Techsmith Corporation MI$67.9M · 0.01%
Insightsoftware, LLC NC$67.1M · 0.21%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 911921377 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.