Plan Ledger DOL Form 5500 · updated monthly

Alaska Forest Association, Inc.401(k)

ALASKA FOREST ASSOCIATION DEFINED CONTRIBUTION / 401(K) PLAN · KETCHIKAN, AK · plan year 2022

Reported admin expense ratio · 2022
2.77%

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

Alaska Forest Association, Inc. reported $30,534 in plan administrative expenses for 2022: 2.77% of average plan assets, higher than ~90% of peers. Employer contributions averaged $14,859 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Alaska (160th of 160), and 945th of 945 in agriculture, forestry & fishing.

Plan summary
Net assets, end of year$434
Participants with balances1
Active participants3
Employer contributions$44,578
Employee contributions—
Employer contribution per active participant$14,859
Average account balance$434
Benefits paid to participants$1,844,761
Plan auditUnmodified (clean) audit opinion
AuditorELGEE REHFELD, LLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$30,534
Total administrative$30,534
The Alaska Forest Association, Inc. 401(k) match · 2022
Employer contribution per active participant$14,859
Median for plans this size$1,114

Alaska Forest Association, Inc.'s 2022 employer contribution ran above the $1,114 median for plans its size, placing it in the top 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$30,534 · 2.77%
Similar plansAgriculture, Forestry & Fishing · Alaska
Oil Search Alaska, LLC AK$38.0M · 0.27%
Silver Bay Seafoods AK$35.3M · 0.17%
Eco Enterprises, LLC FL$18K · 0.54%
T-Y Nursery, Inc. CA$13K · 0.63%
Anm Inc OR$2K · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 920023202 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.