Plan Snapshot
- Plan Sponsor: Ukpeagvik Inupiat Corporation And Subsidiary
- Sponsor EIN: 920044212
- Sponsor Address: 3800 CENTERPOINT DRIVE, ANCHORAGE, AK, 99503
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 3,164
- Total Assets: $11.1M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 3,164 | $11.1M | $15.7M | $8.7M |
| 2023 | 2,868 | $10.8M | $14.6M | $8.2M |
| 2022 | 2,983 | $10.5M | $13.4M | $7.8M |
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 |
|---|---|---|---|---|
| PREMERA BCBS OF ALASKA CORP | Recordkeeper | $970,350 | — | $970,350 |
| ALLIANT | Investment Advisor | $175,000 | — | $175,000 |
| AETNA | Recordkeeper | $115,465 | — | $115,465 |
| EVERNORTH CARE SOLUTIONS, INC | Recordkeeper | $75,055 | — | $75,055 |
| PERSONIFY HEALTH | Recordkeeper | $47,546 | — | $47,546 |
| HSABANK | Recordkeeper | $43,008 | — | $43,008 |
| BDO USA, P.C. | Auditor | $31,700 | — | $31,700 |
| VISION SERVICE PLAN | Recordkeeper | $23,507 | — | $23,507 |
| UKG, INC. | Recordkeeper | $10,580 | — | $10,580 |
| PRINCIPAL CUSTODY SOLUTIONS | Custodian / Trustee | $8,865 | — | $8,865 |
| MERCER | Auditor | $8,500 | — | $8,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BDO USA, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,509,576
- Estimated Expense Ratio: 13.629% 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 | $1,571,740 | — | $1,430,714 | $31,700 | — |
| 2023 | $1,388,599 | — | $1,263,946 | $30,300 | — |
| 2022 | $1,180,301 | — | — | — | $1,180,301 |