Plan Ledger DOL Form 5500 · updated monthly

Nana Regional Corporation, Inc.401(k)

NANA REGIONAL CORPORATION, INC. COMPENSATION DEFERRAL PLAN · ANCHORAGE, AK · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Nana Regional Corporation, Inc. reported $481,246 in plan administrative expenses for 2024: 0.26% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,611 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 0.21% to 0.26%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other management of companies employers. By assets it is the 13th-largest of 160 plans among Alaska employers on file, and the 148th of 786 in management of companies. In 2024, employees put in $3.07 for every $1.00 the employer contributed; active participation has grown from 2,546 to 2,963 since 2022.

Plan summary
Net assets, end of year$199,420,957
Participants with balances3,664
Active participants2,963
Employer contributions$4,773,625
Employee contributions$14,664,823
Employer contribution per active participant$1,611
Average account balance$54,427
Benefits paid to participants$21,398,945
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$199.4M · 3,664 accts · $4.8M emplr
2023$177.8M · 3,389 accts · $4.0M emplr
2022$151.8M · 3,223 accts · $3.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$306,698
Investment management$93,027
Audit (IQPA)$78,225
Total administrative$481,246
The Nana Regional Corporation, Inc. 401(k) match · 2024
Employer contribution per active participant$1,611
Median for plans this size$3,635
2024$1,611 per active participant
2023$1,412 per active participant
2022$1,369 per active participant

Nana Regional Corporation, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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 · 20244
LINCOLN NATIONAL CORPORATION · Contract administrator · Investment advisory (plan)$306,698
RSM US LLP · Accounting / audit$78,225
UBS FINANCIAL SERVICES · Investment advisory (plan)$73,427
FUTUREPLAN BY ASCENSUS · Contract administrator · Trustee$19,600

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

Administrative cost history3
2024$481,246 · 0.26%
2023$312,022 · 0.19%
2022$345,794 · 0.21%
Same employer
Similar plansManagement of Companies · Alaska
The Chenega Corporation AK$451.4M · 0.22%
Chugach Alaska Corporation AK$256.0M · 0.20%
Doyon, Limited AK$155.6M · 0.08%
Olgoonik Development, LLC AK$59.6M · 0.06%
Sealaska Corporation AK$58.1M · 0.21%
The Aleut Corporation AK$55.5M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 920042024 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.