Retirement plan

ASNA RETIREMENT PLAN

Name: ARCTIC SLOPE NATIVE ASSOCIATION, LTD. - ASNA RETIREMENT PLAN (2023) 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 2023

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

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$39.1M

+23.8% from 2022

Total participants

851

+2.9% from 2022

Average account balance

$45,961

+20.3% from 2022

Annual return

18.98%

+34.00 pp from 2022

Benchmarks

See 4,036 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort4,036 peers

Snapshot2023

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 COMPANY7 years Service code 15 · EIN 01-0233346	Recordkeeping	$14,111
WILSHIRE ASSOCIATES INCORPORATED5 years Filed as: WILSHIRE ASSOCIATES INC (U.S.A.) Service code 26 · EIN 95-2755361	Advisory (Participants)	$6,891

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$26K

$75 / participant

Recordkeeping$14K53.4%
Investment mgmt$7K26.1%
Contract admin$5K20.5%

% of EOY assets

0.068%

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

$45,961

$47,180-2.6%

$149,723-69.3%

$74,473-38.3%

Participation rate

99.7%

63.4%+36.3pp

78.8%+20.9pp

70.7%+29.0pp

Annual return

18.98%

22.75%-3.8pp

134.50%-115.5pp

34.36%-15.4pp

Employer contribution / active EE

$8,162

$1,907+328.0%

$4,821+69.3%

$2,638+209.3%

Participant deferral / active EE

$6,919

$2,730+153.4%

$5,682+21.8%

$4,530+52.7%

Admin fee / account holder

$31

$343-90.9%

$13,215-99.8%

$347-91.0%

Provider

Service type

Compensation

JOHN HANCOCK LIFE INSURANCE COMPANY7 years

Service code 15 · EIN 01-0233346

Recordkeeping

$14,111

WILSHIRE ASSOCIATES INCORPORATED5 years

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

Service code 26 · EIN 95-2755361

Advisory (Participants)

$6,891

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