Plan Ledger DOL Form 5500 · updated monthly

Anchorage Community Mental Healt401(k)

THE ALASKA BEHAVIORAL HEALTH PLAN · ANCHORAGE, AK · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

Anchorage Community Mental Healt reported $76,117 in plan administrative expenses for 2024: 0.54% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,815 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 0.36% to 0.54%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Alaska (85th of 160), and the 4,505th of 11,911 in health care & social assistance. In 2024, employees put in $1.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,947,781
Participants with balances376
Active participants237
Employer contributions$904,261
Employee contributions$1,398,593
Employer contribution per active participant$3,815
Average account balance$39,755
Benefits paid to participants$2,615,060
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.9M · 376 accts · $904K emplr
2023$13.5M · 370 accts · $749K emplr
2022$10.7M · 354 accts · $622K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,951
Investment management$28,166
Total administrative$76,117
The Anchorage Community Mental Healt 401(k) match · 2024
Employer contribution per active participant$3,815
Median for plans this size$2,416
2024$3,815 per active participant
2023$3,172 per active participant
2022$2,816 per active participant

Anchorage Community Mental Healt'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 · 20243
ADP, INC. · Loan processing · Recordkeeping$47,951
GALLAGHER BENEFIT SERVICES · Recordkeeping · Trustee$28,166
ADP BROKER-DEALERindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP, GALLAGHER BENEFIT SERVICES
2023ADP, GALLAGHER BENEFIT SERVICES

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$76,117 · 0.54%
2023$65,136 · 0.54%
2022$43,181 · 0.36%
Similar plansHealth Care & Social Assistance · Alaska
Lifemed Alaska, LLC AK$20.7M · 0.67%
Kawerak, Inc. AK$17.9M · 0.00%
Juneau Youth Services, Inc. AK$10.6M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510152394 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.