Plan Snapshot
- Plan Sponsor: Afognak Native Corporation
- Sponsor EIN: 920047145
- Sponsor Address: 737 VOLVO PARKWAY, CHESAPEAKE, VA, 23320
- Plan Type: 401(k)
- Total Participants: 2,739
- Total Assets: $184.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,739 | $184.0M | $6.9M | $13.1M |
| 2023 | 2,888 | $169.7M | $7.1M | $13.3M |
| 2022 | 3,032 | $147.1M | $6.9M | $13.1M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| BDO USA, P.C. | Auditor | $40,750 | — | $40,750 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BDO USA, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $40,750
- Estimated Expense Ratio: 0.022% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $454,933 | $67,000 | — | $40,750 | — |
| 2023 | $427,803 | — | — | $39,350 | — |
| 2022 | $835,391 | — | — | — | — |