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 (2017) 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 2017

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

Other plans on this EIN

1 filing

#002Retirement-$12.7M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.8M

-3.8% from 2016

Total participants

-19.5% from 2016

Average account balance

$86,334

-9.6% from 2016

Annual return

13.52%

+8.17 pp from 2016

Benchmarks

See 1,269 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants<25

Cohort1,269 peers

Snapshot2017

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Analytics

Total assets (EOY)

Plan-year ending balance

$6.44M

Not enough data

1 years with asset history on file

Average account balance

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

$153K

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.

123.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$337K

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

+15.53%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4130

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

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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

1 tripped

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

$703K

$29307 / participant

Other / not subdivided$703K100.0%

% of EOY assets

24.688%

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: -

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$86,334

$96,965-11.0%

$97,995-11.9%

$147,584-41.5%

Participation rate

100.0%

83.6%+16.4pp

82.4%+17.6pp

82.8%+17.2pp

Annual return

13.52%

24.11%-10.6pp

23.94%-10.4pp

578.55%-565.0pp

Employer contribution / active EE

$4,536-100.0%

$4,158-100.0%

$4,876-100.0%

Participant deferral / active EE

$7,020

$5,081+38.2%

$5,097+37.7%

$5,439+29.1%

Admin fee / account holder

$21,314

$8,120+162.5%

$5,943+258.6%

$10,885+95.8%

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