Plan Snapshot
- Plan Sponsor: Alaska Communications Systems Holdings, INC.
- Sponsor EIN: 911921377
- Sponsor Address: 600 TELEPHONE AVE. MS15, ANCHORAGE, AK, 99503
- Plan Type: 401(k)
- Total Participants: 420
- Total Assets: $68.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 420 | $68.4M | $0 | $3.8M |
| 2023 | 452 | $62.9M | $0 | $4.2M |
| 2022 | 496 | $56.7M | $0 | $4.2M |
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 |
|---|---|---|---|---|
| HUMAN INVESTING | Investment Advisor | $76,226 | — | $76,226 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $64,387 | — | $64,387 |
| BAKER TILLY US, LLP | Auditor | $13,125 | — | $13,125 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $12,749 | — | $12,749 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HUMAN INVESTING — Investment Advisor
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- BAKER TILLY US, LLP — Auditor
- STRATEGIC ADVISORS, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $166,487
- Estimated Expense Ratio: 0.244% 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 | $166,326 | $78,959 | — | — | — |
| 2023 | $132,413 | $71,252 | — | — | — |
| 2022 | $171,852 | $9,010 | — | — | — |