Plan Ledger DOL Form 5500 · updated monthly

The Foraker GroupDC plan

403(B) THRIFT PLAN OF THE FORAKER GROUP · ANCHORAGE, AK · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

The Foraker Group reported $1,118 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,937 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 1 year on file its reported administrative ratio rose from 0.008% to 0.011%. 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 among the smaller plans on file in Alaska (93rd of 160), and the 1,510th of 3,341 in other services. In 2024, employees put in $1.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,638,557
Participants with balances336
Active participants327
Employer contributions$633,548
Employee contributions$1,259,667
Employer contribution per active participant$1,937
Average account balance$34,639
Benefits paid to participants$621,251
Plan history2
Yearassets · accounts · employer contribution
2024$11.6M · 336 accts · $634K emplr
2023$8.4M · 269 accts · $489K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,118
Total administrative$1,118
Employer contributions to the The Foraker Group plan · 2024
Employer contribution per active participant$1,937
Median for plans this size$2,416
2024$1,937 per active participant
2023$2,013 per active participant

The Foraker Group'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 · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeepingindirect comp

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history2
2024$1,118 · 0.01%
2023$580 · 0.01%
Similar plansOther Services · Alaska
Ouzinkie Native Corporation AK$39.1M · 0.56%
K'Oyitl'Ots'Ina, LTD. AK$29.1M · 0.02%
The Arc of Anchorage AK$2.3M · 0.02%
Aey, LLC AK$104K · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 920177787 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.