The Chenega Corporation401(k)
CHENEGA CORPORATION 401(K) PROFIT SHARING PLAN AND TRUST · ANCHORAGE, AK · plan year 2024
Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works
The Chenega Corporation reported $945,672 in plan administrative expenses for 2024: 0.22% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,934 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 0.12% to 0.22%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other management of companies employers. By assets it is the 5th-largest of 160 plans among Alaska employers on file, and the 89th of 786 in management of companies. In 2024, employees put in $2.05 for every $1.00 the employer contributed; active participation has grown from 6,984 to 7,864 since 2022.
The Chenega Corporation's 2024 employer contribution ran below the $4,294 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Looking for an account from a past job here? How to find an old 401(k).
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 920047563 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.