Acs Cable Systems Employee 401(K) Savings 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, Acs Cable Systems Employee 401(K) Savings Plan is a benefit plan reported by Alaska Communications Systems Holdings, Inc. under EIN 91-1921377 and plan number 003. The latest loaded filing year is 2023. The filing reports 64 participants and $7,079,819 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$7.1MPlan net assets, end of year$7,079,819
Participants64Covered participants reported
Assets / participant$110.6KComputed: assets ÷ participants$110,622 (computed)
Provider compensationNone reported
Plan sponsor
Alaska Communications Systems Holdings, Inc.
EIN
91-1921377
Plan number
003
Plan type
2
Location
Anchorage, AK
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202364I20241003161904NAL0017578400001
Schedule I · 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)$7.1M total assets
Net assets$7.1MLiabilities$0
Money in vs. money out
Total income / additions$1.7M
Total expenses$792.1K
Benefits paid / distributions$779.2K
Contributions
Employer$297.6K
Participant$504.2K
Full reported line items

Net assets

Total assets (EOY)
$7,079,819
Total liabilities (EOY)
$0
Net assets (EOY)
$7,079,819
Net assets (BOY)
$5,434,659

Income & contributions

Employer contributions
$297,558
Participant contributions
$504,186
Total income / additions
$1,690,666

Expenses & distributions

Benefits paid
$779,187
Administrative expenses
$12,891
Total expenses
$792,078
Net increase / (decrease)
$898,588
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.

Contribution share (employer vs. participant)
Employer 37%Participant 63%
Total expenses ÷ net assets11%Computed ratio
Benefits paid ÷ total income46%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages