Plan Ledger DOL Form 5500 · updated monthly

Ouzinkie Native Corporation401(k)

ONC 401(K) PLAN · ANCHORAGE, AK · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Ouzinkie Native Corporation reported $193,835 in plan administrative expenses for 2024: 0.56% of average plan assets, higher than ~75% of peers. Employer contributions averaged $854 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 0.48% to 0.56%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 48th-largest of 160 plans among Alaska employers on file, and the 558th of 3,341 in other services. In 2024, employees put in $2.27 for every $1.00 the employer contributed; active participation has grown from 1,670 to 2,284 since 2022.

Plan summary
Net assets, end of year$39,125,847
Participants with balances830
Active participants2,284
Employer contributions$1,951,050
Employee contributions$4,432,569
Employer contribution per active participant$854
Average account balance$47,140
Benefits paid to participants$3,410,396
Plan auditUnmodified (clean) audit opinion
AuditorMCDIRMIT DAVIS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$39.1M · 830 accts · $2.0M emplr
2023$29.8M · 809 accts · $1.8M emplr
2022$22.2M · 758 accts · $717K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$193,835
Total administrative$193,835
The Ouzinkie Native Corporation 401(k) match · 2024
Employer contribution per active participant$854
Median for plans this size$2,416
2024$854 per active participant
2023$779 per active participant
2022$429 per active participant

Ouzinkie Native Corporation's 2024 employer contribution ran below the $2,416 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 · 20245
EMPOWER ANNUITY INS CO OF AMERICA · Investment management$72,088
COLLABORATIVE WEALTH MANAGEMENT · Investment advisory (plan)$61,198
EMPOWER ADVISORY GROUP, LLC · Investment management$30,425
BATES & COMPANY INC · Contract administrator$23,385
ENVESTNET RETIREMENT SOLUTIONS, LLC · Investment advisory (plan)$6,739

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$193,835 · 0.56%
2023$94,586 · 0.36%
2022$113,453 · 0.48%
Same employer
Similar plansOther Services · Alaska
Calista Corporation AK$184.4M · 0.20%
Tanana Chiefs Conference AK$67.0M · 0.47%
K'Oyitl'Ots'Ina, LTD. AK$29.1M · 0.02%
The Foraker Group AK$11.6M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 920045331 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.