Plan Snapshot
- Plan Sponsor: Chugach Government Solutions, LLC
- Sponsor EIN: 462708326
- Sponsor Address: 3800 CENTERPOINT DRIVE, SUITE 1200, ANCHORAGE, AK, 99503
- Plan Type: Health & Welfare
- Plan Number: 511
- Total Participants: 1,112
- Total Assets: $5.1M
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 | 1,112 | $5.1M | $7.6M | $4.2M |
| 2023 | 835 | $4.1M | $7.8M | $3.5M |
| 2022 | 847 | $3.3M | $7.8M | $2.7M |
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 |
|---|---|---|---|---|
| BOON ADMINISTRATIVE SERVICES | Recordkeeper | $899,523 | $26,527 | $926,050 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $926,050
- Estimated Expense Ratio: 18.129% 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 | $276,333 | — | $276,333 | — | — |
| 2023 | $302,409 | — | $302,409 | — | — |
| 2022 | $287,597 | — | — | — | $287,597 |