Plan Snapshot
- Plan Sponsor: Arctic Slope Regional Corporation
- Sponsor EIN: 920044137
- Sponsor Address: PO BOX 129, BARROW, AK, 99723
- Plan Type: 401(k)
- Plan Number: 502
- Total Participants: 11,387
- Total Assets: $1.1M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 11,387 | $1.1M | $72.8M | $50.0M |
| 2023 | 10,553 | $799,546 | $66.2M | $47.5M |
| 2022 | 9,606 | $786,037 | $80.9M | $43.6M |
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 |
|---|---|---|---|---|
| GOVERNMENT SERVICE ADMINISTRATORS | Recordkeeper | $344,118 | — | $344,118 |
| CIGNA GLOBAL HEALTH & LIFE | Other Service Provider | $15,087 | — | $15,087 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $359,205
- Estimated Expense Ratio: 31.944% 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 | $5,406,181 | — | $5,406,181 | — | — |
| 2023 | $4,488,447 | — | $4,488,447 | — | — |
| 2022 | $3,741,524 | — | — | — | — |