Retirement plan

ALASKA ENERGY AND RESOURCES COMPANY AND SUBSIDIARIES 401(K) PLAN

Name: ALASKA ENERGY & RESOURCES COMPANY - ALASKA ENERGY AND RESOURCES COMPANY AND SUBSIDIARIES 401(K) PLAN (2015) Form 5500
Creator: ALASKA ENERGY & RESOURCES COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ALASKA ENERGY AND RESOURCES COMPANY AND SUBSIDIARIES 401(K) PLAN, ALASKA ENERGY & RESOURCES COMPANY

ALASKA ENERGY & RESOURCES COMPANYEIN 92-0005090Plan #003PY 2015

5601 TONSGARD COURT - JUNEAU, AK 99801907-780-2222LinkedIn1-10 employees

Other plans on this EIN

1 filing

#002Retirement-$12.0M assets

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$3.5M

No prior year

Total participants

No prior year

Average account balance

$128,333

No prior year

Annual return

-0.79%

No prior year

Benchmarks

See 447 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants25-99

Cohort447 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.42M

Not enough data

1 years with asset history on file

Average account balance

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

$135K

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.

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.

117.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$347K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+18.43%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2658

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2F2G2J2T3D3H

Plan features

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$37K

$1325 / participant

Other / not subdivided$37K100.0%

% of EOY assets

1.071%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$128,333

$65,082+97.2%

$81,367+57.7%

$59,633+115.2%

Participation rate

60.7%

76.0%-15.2pp

82.3%-21.6pp

68.7%-8.0pp

Annual return

-0.79%

1.16%-2.0pp

-0.92%+0.1pp

2041.45%-2042.2pp

Employer contribution / active EE

$2,934-100.0%

$3,930-100.0%

$2,203-100.0%

Participant deferral / active EE

$6,233

$4,083+52.7%

$5,383+15.8%

$3,192+95.3%

Admin fee / account holder

$1,374

$7,582-81.9%

$8,926-84.6%

$4,297-68.0%

ALASKA ENERGY AND RESOURCES COMPANY AND SUBSIDIARIES 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ALASKA ENERGY AND RESOURCES COMPANY AND SUBSIDIARIES 401(K) 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