Plan Ledger DOL Form 5500 · updated monthly

Three Bears Alaska, Inc.401(k)

THREE BEARS ALASKA 401(K) PLAN · WASILLA, AK · plan year 2024

Reported admin expense ratio · 2024
1.34%

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

Three Bears Alaska, Inc. reported $104,709 in plan administrative expenses for 2024: 1.34% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,404 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 0.92% to 1.34%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Alaska (105th of 160), and 2,949th of 5,215 in retail trade. In 2024, employees put in $1.02 for every $1.00 the employer contributed; active participation has grown from 400 to 545 since 2022.

Plan summary
Net assets, end of year$8,439,066
Participants with balances648
Active participants545
Employer contributions$764,923
Employee contributions$784,040
Employer contribution per active participant$1,404
Average account balance$13,023
Benefits paid to participants$1,133,775
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.4M · 648 accts · $765K emplr
2023$7.2M · 573 accts · $600K emplr
2022$6.3M · 521 accts · $530K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,841
Investment management$18,693
Audit (IQPA)$26,700
Total administrative$104,709
The Three Bears Alaska, Inc. 401(k) match · 2024
Employer contribution per active participant$1,404
Median for plans this size$1,313
2024$1,404 per active participant
2023$1,356 per active participant
2022$1,324 per active participant

Three Bears Alaska, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20245
AUTOMATIC DATA PROCESSING, INC. · Recordkeeping$52,131
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$511
BDO USA, LLP · Accounting / audit$26,700
PENSION PLAN SPECIALISTS, PC · Contract administrator$23,475
USI ADVISORS, INC. · Investment advisory (participants)$18,693

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

Recordkeeper by year2
2024AUTOMATIC DATA PROCESSING, INC., John Hancock
2023John Hancock

This plan has changed recordkeepers within these filings. If you left Three Bears Alaska, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$104,709 · 1.34%
2023$79,022 · 1.17%
2022$59,341 · 0.92%
Same employer
Similar plansRetail Trade · Alaska
Hames Corporation AK$5.1M · 0.77%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 920081221 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.