Alaska Power & Telephone Company401(k) + ESOP (KSOP)
ALASKA POWER & TELEPHONE COMPANY EMPLOYEE STOCK OWNERSHIP & SAVINGS PLAN · CRAIG, AK · plan year 2022
Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works
Alaska Power & Telephone Company reported $17,570 in plan administrative expenses for 2022: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,793 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 0.03% to 0.02%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other utilities employers. By assets it is the 32nd-largest of 160 plans among Alaska employers on file, and the 167th of 412 in utilities. In 2022, employees put in $1.33 for every $1.00 the employer contributed.
Alaska Power & Telephone Company's 2022 employer contribution ran above the $3,449 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 920153693 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.