Plan Ledger DOL Form 5500 · updated monthly

Alaska Pacific University403(b)

ALASKA PACIFIC UNIVERSITY RETIREMENT PLAN · ANCHORAGE, AK · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Alaska Pacific University reported $8,532 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,643 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 0.07% to 0.04%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 69th-largest of 160 plans among Alaska employers on file, and the 1,466th of 3,091 in educational services. In 2024, employees put in $1.55 for every $1.00 the employer contributed; active participation has grown from 113 to 140 since 2022.

Plan summary
Net assets, end of year$23,558,773
Participants with balances270
Active participants140
Employer contributions$369,958
Employee contributions$573,301
Employer contribution per active participant$2,643
Average account balance$87,255
Benefits paid to participants$1,094,344
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.6M · 270 accts · $370K emplr
2023$21.0M · 263 accts · $322K emplr
2022$18.5M · 255 accts · $385K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,532
Total administrative$8,532
Employer contributions to the Alaska Pacific University plan · 2024
Employer contribution per active participant$2,643
Median for plans this size$2,416
2024$2,643 per active participant
2023$2,595 per active participant
2022$3,406 per active participant

Alaska Pacific University's 2024 employer contribution ran above the $2,416 median for plans its size. 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 · 20242
ONEDIGITAL INVESTMENT ADVISORS · Investment advisory (participants)$6,809
TIAA-TEACHERS INSURANCE AND ANNUITY · Plan administrator$1,511

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$8,532 · 0.04%
2023$22,081 · 0.11%
2022$13,030 · 0.07%
Same employer
Similar plansEducational Services · Alaska
St. Paul's Episcopal School AL$23.7M · 0.00%
Allendale Columbia School NY$23.7M · 0.03%
Harbor Day School CA$23.5M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 920023588 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.