Plan Snapshot
- Plan Sponsor: Joint Board Of Trustees Alaska Electrical Legal And Welfare Bene Fund
- Sponsor EIN: 920058156
- Sponsor Address: 701 E TUDOR ROAD, ANCHORAGE, AK, 99503
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 2,129
- Total Assets: $10.7M
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 | 2,129 | $10.7M | $584,384 | $155,546 |
| 2023 | 2,076 | $10.0M | $558,544 | $148,011 |
| 2022 | 1,989 | $8.9M | $535,718 | $143,722 |
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 |
|---|---|---|---|---|
| LAURA MAHORIC | Other Service Provider | $35,198 | — | $35,198 |
| CLIFTONLARSONALLEN LLP | Auditor | $23,439 | — | $23,439 |
| U.S.BANK NATIONAL ASSOCIATION | Recordkeeper | $22,724 | — | $22,724 |
| COLOR ART PRINTING CO., INC. | Other Service Provider | $22,482 | — | $22,482 |
| BARLOW COUGHRAN MORALES & JOSEPHSON | Other Service Provider | $12,662 | — | $12,662 |
| EXPRESS BUSINESS SERVICES,LLC | Other Service Provider | $11,678 | — | $11,678 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTONLARSONALLEN LLP — Auditor
- U.S.BANK NATIONAL ASSOCIATION — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $128,183
- Estimated Expense Ratio: 1.195% 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 | $220,845 | — | — | $21,260 | — |
| 2023 | $193,384 | — | — | — | — |
| 2022 | $180,639 | $24,125 | — | — | $37,056 |