Alaska Communications Systems Retirement Plan — Form 5500 plan (Alaska Communications Systems Holdings, Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Alaska Communications Systems Retirement Plan is a benefit plan reported by Alaska Communications Systems Holdings, Inc. under EIN 91-1921377 and plan number 002. The latest loaded filing year is 2023. The filing reports 145 participants and $9,494,689 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$9.5MPlan net assets, end of year$9,494,689
Participants145Covered participants reported
Assets / participant$65.5KComputed: assets ÷ participants$65,481 (computed)
Provider compensation$60.9K3 Schedule C provider row(s)$60,930
Plan sponsor
Alaska Communications Systems Holdings, Inc.
EIN
91-1921377
Plan number
002
Plan type
2
Location
Anchorage, AK
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023145H, C20241009192947NAL0019848609001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$9.5M total assets
Net assets$9.5MLiabilities$0
Money in vs. money out
Total income / additions$1M
Total expenses$1.3M
Benefits paid / distributions$1.1M
Contributions
Employer$340K
ParticipantNot reported
Full reported line items

Net assets

Total assets (EOY)
$9,494,689
Total liabilities (EOY)
$0
Net assets (EOY)
$9,494,689
Net assets (BOY)
$9,768,540

Income & contributions

Employer contributions
$340,000
Total contributions
$340,000
Total income / additions
$1,037,664

Expenses & distributions

Benefits paid
$1,069,541
Administrative expenses
$241,974
Total expenses
$1,311,515
Net increase / (decrease)
-$273,851
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Total expenses ÷ net assets14%Computed ratio
Benefits paid ÷ total income103%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fid Inv Inst Ops CoNONE$34,782not reported in the loaded dataset2023
Matrix Trust CorporationNONE$14,398not reported in the loaded dataset2023
Moss AdamsNONE$11,750not reported in the loaded dataset2023

Related Form 5500 pages