Plan Ledger DOL Form 5500 · updated monthly

Alaska Rubber and Rigging Supply, Inc.ESOP

ALASKA RUBBER & SUPPLY, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST · ANCHORAGE, AK · plan year 2024

Employer contribution per participant · 2024
$8,729

Alaska Rubber and Rigging Supply, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $42,044,543 across 170 participant accounts, with employer contributions averaging $8,729 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 47th-largest of 160 plans among Alaska employers on file, and the 985th of 4,246 in wholesale trade. active participation has grown from 122 to 136 since 2022.

Plan summary
Net assets, end of year$42,044,543
Participants with balances170
Active participants136
Employer contributions$1,187,174
Employee contributions—
Employer contribution per active participant$8,729
Average account balance$247,321
Benefits paid to participants$1,148,496
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$42.0M · 170 accts · $1.2M emplr
2023$41.2M · 153 accts · $1.5M emplr
2022$23.4M · 150 accts · $39K emplr
Employer contributions to the Alaska Rubber and Rigging Supply, Inc. plan · 2024
Employer contribution per active participant$8,729
Median for plans this size$2,416
2024$8,729 per active participant
2023$11,685 per active participant
2022$317 per active participant

Alaska Rubber and Rigging Supply, Inc.'s 2024 employer contribution ran above the $2,416 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.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
All plans at this employer2
ALASKA RUBBER & SUPPLY, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUSTESOP
ALASKA RUBBER GROUP 401(K) PLAN401(k)
Same employer
Similar plansWholesale Trade · Alaska
Boch Enterprises MA$42.3M · 0.30%
Cowin Equipment Company Inc AL$42.1M · 0.01%
Bossard U.S. Holdings, Inc. IA$42.1M · 0.37%
United Grain Corporation WA$42.1M · 0.11%
Neuco, Inc. IL$41.9M · 0.21%
Indiana Beverage, Inc. IN$41.9M · 0.09%
Schimberg Co. IA$41.8M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 920078989 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.