Plan Ledger DOL Form 5500 · updated monthly

Southeast Alaska Regional Health Consortium (Searhc)401(k)

SOUTHEAST ALASKA REGIONAL HEALTH CONSORTIUM (SEARHC) 401(K) PLAN · JUNEAU, AK · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Southeast Alaska Regional Health Consortium (Searhc) reported $194,744 in plan administrative expenses for 2024: 0.18% of average plan assets, above the peer median. Employer contributions averaged $3,392 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 0.15% to 0.18%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 20th-largest of 160 plans among Alaska employers on file, and the 995th of 11,911 in health care & social assistance. In 2024, employees put in $1.88 for every $1.00 the employer contributed; active participation has grown from 951 to 1,565 since 2022.

Plan summary
Net assets, end of year$113,988,399
Participants with balances1,711
Active participants1,565
Employer contributions$5,308,397
Employee contributions$9,957,368
Employer contribution per active participant$3,392
Average account balance$66,621
Benefits paid to participants$14,246,533
Plan auditUnmodified (clean) audit opinion
AuditorELGEE REHFELD
Plan history3
Yearassets · accounts · employer contribution
2024$114.0M · 1,711 accts · $5.3M emplr
2023$99.2M · 1,225 accts · $4.5M emplr
2022$75.7M · 1,094 accts · $4.2M emplr
The Southeast Alaska Regional Health Consortium (Searhc) 401(k) match · 2024
Employer contribution per active participant$3,392
Median for plans this size$3,635
2024$3,392 per active participant
2023$4,441 per active participant
2022$4,375 per active participant

Southeast Alaska Regional Health Consortium (Searhc)'s 2024 employer contribution ran below the $3,635 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
THE VANGUARD GROUP, INC. · Trustee (directed) · Loan processing$142,254
VANGUARD ADVISERS INC. · Investment advisory (participants)$55,989

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$194,744 · 0.18%
2023$153,003 · 0.17%
2022$119,678 · 0.15%
Same employer
Similar plansHealth Care & Social Assistance · Alaska
Foundation Health Partners AK$211.9M · 0.04%
Central Peninsula Hospital AK$113.0M · 0.09%
Alaska Heart Institute, LLC AK$74.5M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 920056274 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.