Plan Snapshot
- Plan Sponsor: Three Bears Alaska, INC.
- Sponsor EIN: 920081221
- Sponsor Address: 7362 W. PARKS HIGHWAY, #814, WASILLA, AK, 99623
- Plan Type: 401(k)
- Total Participants: 545
- Total Assets: $8.4M
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 | 545 | $8.4M | $764,923 | $784,040 |
| 2023 | 442 | $7.2M | $599,528 | $593,987 |
| 2022 | 400 | $6.3M | $529,598 | $590,399 |
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 |
|---|---|---|---|---|
| AUTOMATIC DATA PROCESSING, INC. | RECORDKEEPER | $52,131 | — | $52,131 |
| BDO USA, LLP | AUDITOR | $26,700 | — | $26,700 |
| PENSION PLAN SPECIALISTS, PC | THIRD PARTY ADMIN | $23,475 | — | $23,475 |
| USI ADVISORS, INC. | INVESTMENT ADVISOR | $18,693 | — | $18,693 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BDO USA, LLP — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $120,999
- Estimated Expense Ratio: 1.434% 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 | $104,709 | $18,693 | $35,841 | $26,700 | — |
| 2023 | $79,022 | $21,946 | $46,214 | — | — |
| 2022 | $59,341 | $19,735 | $39,606 | — | — |