Alyeska Pipeline Service Company 401(k) Review & Grade
Alyeska Pipeline Service Company Savings and Investment Plan for Operating Company Employees
Anchorage, AKTransportation & Warehousing730 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$10,307Employer $ per active participant
$23,030Employee $ saved per active participant
0.04%Direct admin cost, % of plan assets
$405.0MNet plan assets, end of year
$419,685Average balance per account
Score breakdown
- Employer generosity49.2 / 5098th percentile for employer $ per participant
- Low cost22.9 / 2592th percentile for low admin cost vs. same-size plans
- Employee saving15.0 / 15100th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score94 / 100 · Grade A
This plan vs. peers
Peers: Transportation & Warehousing plans with 500–2,499 active participants (392 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 98th |
| Lower admin cost | 92th |
| Employee saving | 100th |
| Peers that auto-enroll | 37% |
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Red flags from the filing
Corrective distributions: the plan refunded $1,265 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Alyeska Pipeline Service put in about $10,307 per active participant, more than the typical peer ($1,070). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $7,519,307 |
| Participant (employee) contributions | $16,800,355 |
| Other contributions (incl. rollovers in) | $1,990,264 |
| Administrative expenses paid from the plan | $137,786 |
| Investment advisory & management fees | $48,750 |
| Other admin expenses | $36,675 |
| Benefits paid out | $50,066,464 |
| Net assets, start / end of year | $378.1M / $405.0M |
| Active participants, start / end of year | 730 / 729 |
| Participants with account balances | 965 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Baker Tilly US, LLP |
Largest service providers (Schedule C)
| Fidelity Investments Inst Ops | $89,036 reported compensation |
| Callan LLC | $48,750 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250724120110NAL0002629475001, received 2025-07-24, EIN 92-0039154, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.