Kawerak, Inc.401(k)
KAWERAK, INC. RETIREMENT PLAN · NOME, AK · plan year 2024
Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works
Kawerak, Inc. reported $139 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,882 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.
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 80th-largest of 160 plans among Alaska employers on file, and the 3,991st of 11,911 in health care & social assistance. In 2024, the employer put in $1.88 for every $1.00 employees contributed themselves; active participation has grown from 218 to 275 since 2022.
Kawerak, 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 920047009 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.