Retirement plan

ASNA RETIREMENT PLAN

Name: ARCTIC SLOPE NATIVE ASSOCIATION, LTD. - ASNA RETIREMENT PLAN (2024) Form 5500
Creator: ARCTIC SLOPE NATIVE ASSOCIATION, LTD.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ASNA RETIREMENT PLAN, ARCTIC SLOPE NATIVE ASSOCIATION, LTD.

ARCTIC SLOPE NATIVE ASSOCIATION, LTD.EIN 91-0873623Plan #001PY 2024

PO BOX 1232 - BARROW, AK 99723907-852-2762arcticslope.orgLinkedIn201-500 employeesmedical practice

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$45.5M

+16.5% from 2023

Total participants

847

-0.5% from 2023

Average account balance

$53,812

+17.1% from 2023

Annual return

14.37%

-4.61 pp from 2023

Benchmarks

See 4,117 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort4,117 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$45.52M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$54K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

846

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

99.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.67M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+14.37%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$38

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 2 by compensation

Provider	Service type	Compensation
JOHN HANCOCK LIFE INSURANCE COMPANY8 years Service code 15 · EIN 01-0233346	Recordkeeping	$17,449
WILSHIRE ASSOCIATES INCORPORATED6 years Filed as: WILSHIRE ASSOCIATES INC (U.S.A.) Service code 26 · EIN 95-2755361	Advisory (Participants)	$8,472

Plan features & details

Pension benefit codes2E2F2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$32K

$89 / participant

Recordkeeping$17K54.9%
Investment mgmt$8K26.7%
Contract admin$6K18.4%

% of EOY assets

0.070%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: SWALLING & ASSOCIATES, PC
Auditor EIN: 920138439
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$53,812

$50,919+5.7%

$155,556-65.4%

$77,762-30.8%

Participation rate

99.7%

63.1%+36.6pp

78.2%+21.5pp

70.6%+29.1pp

Annual return

14.37%

34.84%-20.5pp

64.84%-50.5pp

31.27%-16.9pp

Employer contribution / active EE

$8,327

$1,991+318.1%

$4,675+78.1%

$2,728+205.3%

Participant deferral / active EE

$7,549

$2,824+167.3%

$5,631+34.1%

$4,651+62.3%

Admin fee / account holder

$38

$437-91.4%

$15,885-99.8%

$433-91.3%

Provider

Service type

Compensation

JOHN HANCOCK LIFE INSURANCE COMPANY8 years

Service code 15 · EIN 01-0233346

Recordkeeping

$17,449

WILSHIRE ASSOCIATES INCORPORATED6 years

Filed as: WILSHIRE ASSOCIATES INC (U.S.A.)

Service code 26 · EIN 95-2755361

Advisory (Participants)

$8,472

ASNA RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ASNA RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion