Plan Snapshot
- Plan Sponsor: Lifemed Alaska, LLC
- Sponsor EIN: 262512960
- Sponsor Address: 3838 W 50TH AVENUE, ANCHORAGE, AK, 99502
- Plan Type: 401(k)
- Total Participants: 152
- Total Assets: $20.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 152 | $20.7M | $977,759 | $1.3M |
| 2023 | 137 | $18.6M | $825,346 | $1.2M |
| 2022 | 131 | $14.7M | $784,035 | $1.1M |
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 |
|---|---|---|---|---|
| KUENZI & COMPANY LLC | Auditor | $21,137 | — | $21,137 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KUENZI & COMPANY LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $21,137
- Estimated Expense Ratio: 0.102% 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 | $131,818 | $50,528 | $60,153 | $21,137 | — |
| 2023 | $130,534 | $46,278 | $66,556 | $17,700 | — |
| 2022 | $121,916 | $44,309 | $62,207 | — | $15,400 |