Plan Ledger DOL Form 5500 · updated monthly

Natives of Kodiak, Inc.401(k)

NATIVES OF KODIAK, INC. 401(K) PLAN · ANCHORAGE, AK · plan year 2024

Reported admin expense ratio · 2024
0.79%

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

Natives of Kodiak, Inc. reported $132,288 in plan administrative expenses for 2024: 0.79% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,335 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 0.69% to 0.79%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other management of companies employers. By assets it is the 78th-largest of 160 plans among Alaska employers on file, and 452nd of 786 in management of companies. In 2024, employees put in $2.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,544,991
Participants with balances449
Active participants365
Employer contributions$852,329
Employee contributions$2,148,521
Employer contribution per active participant$2,335
Average account balance$41,303
Benefits paid to participants$1,646,823
Plan auditUnmodified (clean) audit opinion
AuditorSWALLING & ASSOCIATES, PC
Plan history3
Yearassets · accounts · employer contribution
2024$18.5M · 449 accts · $852K emplr
2023$14.9M · 403 accts · $796K emplr
2022$13.0M · 359 accts · $884K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$79,361
Investment management$52,927
Total administrative$132,288
The Natives of Kodiak, Inc. 401(k) match · 2024
Employer contribution per active participant$2,335
Median for plans this size$2,416
2024$2,335 per active participant
2023$2,314 per active participant
2022$2,454 per active participant

Natives of Kodiak, Inc.'s 2024 employer contribution ran below 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 · 20242
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$7,284
RAYMOND JAMES · Investment advisory (participants)$48,083

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$132,288 · 0.79%
2023$94,928 · 0.68%
2022$90,469 · 0.69%
Same employer
Similar plansManagement of Companies · Alaska
Olgoonik Development, LLC AK$59.6M · 0.06%
Sealaska Corporation AK$58.1M · 0.21%
The Aleut Corporation AK$55.5M · 0.15%
The Tatitlek Corporation AK$38.9M · 0.49%
Koman Holdings, LLC AK$13.0M · 0.69%
Tikigaq Corporation AK$5.4M · 0.76%
Kikiktagruk Inupiat Corp. AK$5.1M · 1.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 920047862 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.