Plan Snapshot
- Plan Sponsor: Matanuska Telecom Association, INC.
- Sponsor EIN: 920020417
- Sponsor Address: 1740 SOUTH CHUGACH STREET, PALMER, AK, 99645
- Plan Type: 401(k)
- Total Participants: 279
- Total Assets: $57.0M
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 | 279 | $57.0M | $2.2M | $2.2M |
| 2023 | 281 | $49.4M | $2.2M | $2.0M |
| 2022 | 266 | $42.1M | $1.8M | $1.8M |
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 |
|---|---|---|---|---|
| SCHWAB RETIREMENT PLAN SERVICES,INC | NONE | $148,655 | — | $148,655 |
| MOSS ADAMS WEALTH ADVISORS LLC | NONE | $68,448 | — | $68,448 |
| BAKER TILLY US, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHWAB RETIREMENT PLAN SERVICES,INC — NONE
- MOSS ADAMS WEALTH ADVISORS LLC — NONE
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $217,103
- Estimated Expense Ratio: 0.381% 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 | $217,074 | $199,188 | — | — | — |
| 2023 | $186,301 | $168,921 | — | — | — |
| 2022 | $174,676 | $57,050 | — | — | — |