Plan Ledger DOL Form 5500 · updated monthly

The Aleut Corporation401(k)

THE ALEUT CORPORATION 401(K) RETIREMENT PLAN · ANCHORAGE, AK · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

The Aleut Corporation reported $74,315 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $3,798 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 fell from 0.21% to 0.15%. 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 39th-largest of 160 plans among Alaska employers on file, and the 267th of 786 in management of companies. In 2024, employees put in $1.72 for every $1.00 the employer contributed; active participation has grown from 868 to 1,065 since 2022.

Plan summary
Net assets, end of year$55,470,056
Participants with balances1,890
Active participants1,065
Employer contributions$4,045,278
Employee contributions$6,958,021
Employer contribution per active participant$3,798
Average account balance$29,349
Benefits paid to participants$6,099,347
Plan auditUnmodified (clean) audit opinion
AuditorSWALLING AND ASSOCIATES PC
Plan history3
Yearassets · accounts · employer contribution
2024$55.5M · 1,890 accts · $4.0M emplr
2023$41.2M · 1,646 accts · $3.3M emplr
2022$28.9M · 1,485 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,623
Investment management$62,692
Total administrative$74,315
The The Aleut Corporation 401(k) match · 2024
Employer contribution per active participant$3,798
Median for plans this size$2,416
2024$3,798 per active participant
2023$3,239 per active participant
2022$1,838 per active participant

The Aleut Corporation's 2024 employer contribution ran above 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
PACIFIC PORTFOLIO CONSULTING LLC · Investment advisory (plan)$62,692
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$11,623

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$74,315 · 0.15%
2023$67,088 · 0.19%
2022$62,849 · 0.21%
Same employer
Similar plansManagement of Companies · Alaska
Doyon, Limited AK$155.6M · 0.08%
Olgoonik Development, LLC AK$59.6M · 0.06%
Sealaska Corporation AK$58.1M · 0.21%
The Tatitlek Corporation AK$38.9M · 0.49%
Natives of Kodiak, Inc. AK$18.5M · 0.79%
Koman Holdings, LLC AK$13.0M · 0.69%
Tikigaq Corporation AK$5.4M · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 920043224 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.