Olgoonik Development, LLC 401(K) Plan — Form 5500 plan (Olgoonik Development, LLC)

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, Olgoonik Development, LLC 401(K) Plan is a benefit plan reported by Olgoonik Development, LLC under EIN 92-0176618 and plan number 001. The latest loaded filing year is 2023. The filing reports 436 participants and $36,642,439 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$36.6MPlan net assets, end of year$36,642,439
Participants436Covered participants reported
Assets / participant$84KComputed: assets ÷ participants$84,042 (computed)
Provider compensation$56.4K2 Schedule C provider row(s)$56,375
Plan sponsor
Olgoonik Development, LLC
EIN
92-0176618
Plan number
001
Plan type
2
Location
Anchorage, AK
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023436H, C20241010135122NAL0011531443001
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)$36.6M total assets
Net assets$36.6MLiabilities$0
Money in vs. money out
Total income / additions$9.2M
Total expenses$4.4M
Benefits paid / distributions$4.2M
Contributions
Employer$777.8K
Participant$2M
Full reported line items

Net assets

Total assets (EOY)
$36,642,439
Total liabilities (EOY)
$0
Net assets (EOY)
$36,642,439
Net assets (BOY)
$31,845,204

Income & contributions

Employer contributions
$777,764
Participant contributions
$1,950,633
Total contributions
$2,913,537
Total income / additions
$9,176,564

Expenses & distributions

Benefits paid
$4,244,058
Administrative expenses
$91,768
Total expenses
$4,379,329
Net increase / (decrease)
$4,797,235
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 29%Participant 71%
Total expenses ÷ net assets12%Computed ratio
Benefits paid ÷ total income46%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Strategic Advisors, Inc.ADVISOR$33,050not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER$23,325$02023

Related Form 5500 pages