Plan Ledger DOL Form 5500 · updated monthly

Alaska Rent-A-Car, Inc.ESOP

ALASKA RENT-A-CAR, INC. EMPLOYEE STOCK OWNERSHIP PLAN · ANCHORAGE, AK · plan year 2024

Reported admin expense ratio · 2024
0.69%

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

Alaska Rent-A-Car, Inc. reported $109,264 in plan administrative expenses for 2024: 0.69% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,091 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 rose from 0.65% to 0.69%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Alaska (82nd of 160), and the 853rd of 2,677 in transportation & warehousing.

Plan summary
Net assets, end of year$16,405,084
Participants with balances207
Active participants110
Employer contributions$450,000
Employee contributions—
Employer contribution per active participant$4,091
Average account balance$79,252
Benefits paid to participants$1,699,618
Plan auditUnmodified (clean) audit opinion
AuditorTHOMAS, HEAD & GREISEN PC
Plan history3
Yearassets · accounts · employer contribution
2024$16.4M · 207 accts · $450K emplr
2023$15.5M · 200 accts · $450K emplr
2022$15.8M · 203 accts · $600K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,049
Audit (IQPA)$28,505
Total administrative$109,264
Employer contributions to the Alaska Rent-A-Car, Inc. plan · 2024
Employer contribution per active participant$4,091
Median for plans this size$2,416
2024$4,091 per active participant
2023$3,947 per active participant
2022$5,405 per active participant

Alaska Rent-A-Car, Inc.'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 · 20244
BSI · Contract administrator$38,049
THOMAS, HEAD & GREISEN PC · Accounting / audit$28,505
WEAVER & TIDWELL L.L.P · Valuation$27,300
FIDUCIARY SERVICES, INC. · Trustee$11,721

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$109,264 · 0.69%
2023$127,887 · 0.82%
2022$98,255 · 0.65%
Similar plansTransportation & Warehousing · Alaska
Goldbelt, Incorporated AK$79.7M · 0.29%
Tatonduk Outfitters Limited AK$24.0M · 0.35%
Bering Air, Inc. AK$15.6M · 0.66%
New Pacific Airlines AK$13.6M · 0.16%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 941328322 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.