Plan Ledger DOL Form 5500 · updated monthly

Anchorage Neighborhood Health Center, Inc403(b)

403(B) THRIFT PLAN OF ANCHORAGE NEIGHBORHOOD HEALTH CENTER · ANCHORAGE, AK · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Anchorage Neighborhood Health Center, Inc reported $3,063 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,556 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 0.011% to 0.014%. 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 the 71st-largest of 160 plans among Alaska employers on file, and the 3,315th of 11,911 in health care & social assistance. In 2024, employees put in $2.40 for every $1.00 the employer contributed; active participation has grown from 160 to 211 since 2022.

Plan summary
Net assets, end of year$23,396,460
Participants with balances355
Active participants211
Employer contributions$539,238
Employee contributions$1,293,636
Employer contribution per active participant$2,556
Average account balance$65,906
Benefits paid to participants$1,035,290
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.4M · 355 accts · $539K emplr
2023$19.3M · 346 accts · $553K emplr
2022$15.8M · 343 accts · $387K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,063
Total administrative$3,063
Employer contributions to the Anchorage Neighborhood Health Center, Inc plan · 2024
Employer contribution per active participant$2,556
Median for plans this size$2,416
2024$2,556 per active participant
2023$3,394 per active participant
2022$2,420 per active participant

Anchorage Neighborhood Health Center, 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
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$2,919
AXA EQUITABLE LIFE INSURANCE CO · Trustee (directed) · Investment management$850
RELIASTAR LIFE INSURANCE COMPANYindirect 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
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$3,063 · 0.01%
2023$1,498 · 0.01%
2022$1,843 · 0.01%
Same employer
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Orthoalaska, LLC AK$44.3M · 0.17%
Maniilaq Association AK$43.8M · 0.66%
Lifemed Alaska, LLC AK$20.7M · 0.67%
Kawerak, Inc. AK$17.9M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 920047965 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.