Plan Snapshot
- Plan Sponsor: Ouzinkie Native Corporation
- Sponsor EIN: 920045331
- Sponsor Address: 11001 O'MALLEY CENTER DRIVE, ANCHORAGE, AK, 99515
- Plan Type: 401(k)
- Total Participants: 2,284
- Total Assets: $39.1M
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 | 2,284 | $39.1M | $2.0M | $4.4M |
| 2023 | 2,263 | $29.8M | $1.8M | $4.0M |
| 2022 | 1,670 | $22.4M | $716,647 | $3.5M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INS CO OF AMERICA | Investment Advisor | $72,088 | — | $72,088 |
| COLLABORATIVE WEALTH MANAGEMENT | Investment Advisor | $61,198 | — | $61,198 |
| BATES & COMPANY INC | Other Service Provider | $23,385 | $9,910 | $33,295 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $30,425 | — | $30,425 |
| ENVESTNET RETIREMENT SOLUTIONS, LLC | Investment Advisor | $6,739 | — | $6,739 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $203,745
- Estimated Expense Ratio: 0.521% 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 | $193,835 | — | $193,835 | — | — |
| 2023 | $94,586 | — | $136,030 | — | — |
| 2022 | $113,453 | — | $129,937 | — | — |