Plan Ledger DOL Form 5500 · updated monthly

Tyonek Native Corporation401(k)

TYONEK NATIVE CORPORATION 401(K) PLAN · MADISON, AL · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Tyonek Native Corporation reported $137,755 in plan administrative expenses for 2024: 0.23% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,336 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 0.21% to 0.23%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 113th-largest of 902 plans among Alabama employers on file, and the 1,377th of 4,798 in finance & insurance. In 2024, employees put in $2.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$64,410,940
Participants with balances1,351
Active participants1,566
Employer contributions$3,658,503
Employee contributions$7,337,706
Employer contribution per active participant$2,336
Average account balance$47,676
Benefits paid to participants$8,379,328
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$64.4M · 1,351 accts · $3.7M emplr
2023$53.6M · 1,329 accts · $3.2M emplr
2022$40.3M · 1,318 accts · $2.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,860
Investment management$19,984
Audit (IQPA)$2,000
Total administrative$137,755
The Tyonek Native Corporation 401(k) match · 2024
Employer contribution per active participant$2,336
Median for plans this size$3,635
2024$2,336 per active participant
2023$2,025 per active participant
2022$1,763 per active participant

Tyonek Native Corporation'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 · 20243
MORGAN STANLEY SMITH BARNEY LLC · Investment advisory (participants)$85,911
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$29,860
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$19,984

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$137,755 · 0.23%
2023$192,095 · 0.41%
2022$86,274 · 0.21%
Same employer
Similar plansFinance & Insurance · Alabama
Servisfirst Bank AL$71.0M · 0.23%
Rxbenefits, Inc. AL$61.0M · 0.52%
Cah Holdings, Inc. AL$58.3M · 0.10%
Max Credit Union AL$57.3M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 920047626 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.