Plan Ledger DOL Form 5500 · updated monthly

Fairweather, L.L.C.401(k)

FAIRWEATHER RETIREMENT PLAN · ANCHORAGE, AK · plan year 2023

Reported admin expense ratio · 2023
0.09%

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

Fairweather, L.L.C. reported $9,243 in plan administrative expenses for 2023: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,056 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 1 year on file its reported administrative ratio fell from 0.11% to 0.09%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Alaska (95th of 160), and 8,310th of 13,661 in manufacturing. In 2023, employees put in $3.58 for every $1.00 the employer contributed; active participation has grown from 189 to 225 since 2022.

Plan summary
Net assets, end of year$11,159,045
Participants with balances277
Active participants225
Employer contributions$462,507
Employee contributions$1,657,321
Employer contribution per active participant$2,056
Average account balance$40,285
Benefits paid to participants$1,259,397
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$11.2M · 277 accts · $463K emplr
2022$8.6M · 263 accts · $514K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$6,743
Investment management$2,500
Total administrative$9,243
The Fairweather, L.L.C. 401(k) match · 2023
Employer contribution per active participant$2,056
Median for plans this size$1,308
2023$2,056 per active participant
2022$2,720 per active participant

Fairweather, L.L.C.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
ONEAMERICA RETIREMENT SERVICES LLC · Recordkeeping · Loan processing$6,743
MATRIX TRUST COMPANY · Custodial · Custodial (securities)indirect comp
MSCS FS DIV OF BROADRIDGE BPO, LLCindirect comp

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

Administrative cost history3
2024Not separately reported
2023$9,243 · 0.09%
2022$9,356 · 0.11%
Similar plansManufacturing · Alaska
Alaskan Brewing, LLC AK$18.0M · 0.09%
Castle-Pierce Corporation WI$11.2M · 0.56%
United Refractories Co. PA$11.2M · 0.50%
Image Options CA$11.2M · 0.29%
Morton Grinding, Inc. CA$11.2M · 0.22%
The Carpenter Group CA$11.2M · 1.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271349288 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.