Plan Ledger DOL Form 5500 · updated monthly

Rural Alaska Community Action Program, Inc.401(k)

RURAL ALASKA COMMUNITY ACTION PROGRAM, INC. RETIREMENT PLAN · ANCHORAGE, AK · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Rural Alaska Community Action Program, Inc. reported $80,277 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,221 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 0.29% to 0.52%. 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 among the smaller plans on file in Alaska (83rd of 160), and the 4,253rd of 11,911 in health care & social assistance. In 2024, employees put in $1.02 for every $1.00 the employer contributed; active participation has grown from 293 to 363 since 2022.

Plan summary
Net assets, end of year$16,255,045
Participants with balances450
Active participants363
Employer contributions$806,303
Employee contributions$821,591
Employer contribution per active participant$2,221
Average account balance$36,122
Benefits paid to participants$2,267,414
Plan auditUnmodified (clean) audit opinion
AuditorBAKER TILLY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$16.3M · 450 accts · $806K emplr
2023$14.8M · 454 accts · $914K emplr
2022$13.6M · 397 accts · $824K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,274
Investment management$18,253
Total administrative$80,277
The Rural Alaska Community Action Program, Inc. 401(k) match · 2024
Employer contribution per active participant$2,221
Median for plans this size$2,416
2024$2,221 per active participant
2023$2,539 per active participant
2022$2,812 per active participant

Rural Alaska Community Action Program, 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$39,274
USI ADVISORS, INC. · Investment advisory (plan)$32,500
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$8,503

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$80,277 · 0.52%
2023$41,462 · 0.29%
2022$43,893 · 0.29%
Same employer
Similar plansHealth Care & Social Assistance · Alaska
Lifemed Alaska, LLC AK$20.7M · 0.67%
Kawerak, Inc. AK$17.9M · 0.00%
Juneau Youth Services, Inc. AK$10.6M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 920033876 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.