Plan Ledger DOL Form 5500 · updated monthly

Doyon Utilities, LLC401(k)

DOYON UTILITIES, LLC RETIREMENT PLAN · FAIRBANKS, 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

Doyon Utilities, LLC reported $10,215 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $15,351 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 3 years on file its reported administrative ratio has held roughly steady near 0.01%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other utilities employers. By assets it is the 28th-largest of 160 plans among Alaska employers on file, and the 152nd of 412 in utilities. In 2024, the employer put in $1.29 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$73,116,861
Participants with balances287
Active participants172
Employer contributions$2,640,302
Employee contributions$2,039,906
Employer contribution per active participant$15,351
Average account balance$254,763
Benefits paid to participants$7,182,610
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$73.1M · 287 accts · $2.6M emplr
2023$65.3M · 272 accts · $2.6M emplr
2022$52.5M · 267 accts · $2.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,215
Total administrative$10,215
The Doyon Utilities, LLC 401(k) match · 2024
Employer contribution per active participant$15,351
Median for plans this size$3,635
2024$15,351 per active participant
2023$15,302 per active participant
2022$14,337 per active participant

Doyon Utilities, LLC's 2024 employer contribution ran above the $3,635 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.

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 · 20241
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$67,317

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$10,215 · 0.01%
2023$12,830 · 0.02%
2022$8,945 · 0.02%
Similar plansUtilities · Alaska
Clean Energy CA$75.9M · 0.13%
Luma Energy, LLC PR$75.7M · 0.09%
Dakota Electric Association MN$75.4M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203324258 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.