Calista Corporation 401(k) Review & Grade
Calista 401(k) Retirement Plan
Anchorage, AKOther Services2,984 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,725Employer $ per active participant
$5,574Employee $ saved per active participant
0.20%Direct admin cost, % of plan assets
$184.4MNet plan assets, end of year
$59,229Average balance per account
Score breakdown
- Employer generosity32.9 / 5066th percentile for employer $ per participant
- Low cost8.8 / 2535th percentile for low admin cost vs. same-size plans
- Employee saving11.3 / 1576th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score60 / 100 · Grade B
This plan vs. peers
Peers: Other Services plans with 2,500–9,999 active participants (42 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 66th |
| Lower admin cost | 35th |
| Employee saving | 76th |
| Peers that auto-enroll | 45% |
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Red flags from the filing
Corrective distributions: the plan refunded $13,320 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Calista put in about $1,725 per active participant, more than the typical peer ($1,132). 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.
- Direct plan expenses (0.20% of assets) are well above similar-size plans (0.12%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- 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 | $5,146,964 |
| Participant (employee) contributions | $16,637,030 |
| Other contributions (incl. rollovers in) | $9,411,900 |
| Administrative expenses paid from the plan | $332,714 |
| Investment advisory & management fees | $55,815 |
| Benefits paid out | $20,574,929 |
| Net assets, start / end of year | $151.4M / $184.4M |
| Active participants, start / end of year | 2,643 / 3,326 |
| Participants with account balances | 3,113 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Armanino LLP |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $276,899 reported compensation |
| Ubs Financial Services Inc | $55,815 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260402160055NAL0003808658001, received 2026-04-02, EIN 92-0042507, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.