# Lifemed Alaska, LLC 401(k) Plan
Source: https://planprovider.pro/companies/lifemed-alaska-llc-401k-plan

> Lifemed Alaska, LLC's 401(k) plan: 152 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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](https://planprovider.pro/provider/kuenzi-and-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|

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