401(k) · DOL Form 5500 · 2023

Matanuska Electric Association Inc 401(k) Plan

Data updated 2026-08-25

$19M
Total assets Small plan by assets
124
Participants Small participant base
72nd
Percentile by assets National rank
$151,676
Avg per participant Above avg balance/head
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Official DOL plan name: Matanuska Electric Association, Inc. 401(k) Plan · Sponsored by Matanuska Electric Association Inc · Alaska · Utilities

$19M in assets, 124 participants

Matanuska Electric Association Inc's Matanuska Electric Association, Inc. 401(k) Plan reported $19M in total assets and 124 participants in its 2023 DOL Form 5500 filing, ranking in the 72nd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #246 in Utilities (721 peers)

Coverage in Alaska

Matanuska Electric Association, Inc. 401(k) Plan covers 124 participants in Alaska, about 26% of the average Alaska filer (state average ~481 per filing). Assets: $19M.

#246
in Utilities (721 peers)
+17.7%
assets growth YoY

Matanuska Electric Association, Inc. 401(k) Plan's outsized position by total assets

Matanuska Electric Association, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$18,807,882 Top 28% higher than 72% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Matanuska Electric Association, Inc. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Matanuska Electric Association, Inc. 401(k) Plan sits mid-pack in the medium band (124 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Matanuska Electric Association, Inc. 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Matanuska Electric Association, Inc. 401(k) Plan end-of-year assets rose from $16M in the plan year 2022 filing to $19M in the plan year 2023 filing.
  • Matanuska Electric Association, Inc. 401(k) Plan reported participants rose from 118 in the plan year 2022 filing to 124 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 920007954 · Matanuska Electric Association Inc PY 2023 · 401(k)

Matanuska Electric Association, Inc. 401(k) Plan · $19M · 124 · 72nd

  • TYPE $19M
  • TYPE 124
  • TYPE 72nd
  • TYPE 401(k)
  • TYPE near Horizon Beverage Co., Inc. 401(k) Retirement Plan
  • TYPE ind #246

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Utilities retirement plans → · Plans in Alaska →

Matanuska Electric Association, Inc. 401(k) Plan in the asset neighbourhood

Matanuska Electric Association, Inc. 401(k) PlanMatanuska Electric Associati…$19MHorizon Beverage Co., Inc. 401(k) Retirement PlanHorizon Beverage Co., Inc. 4…$19MSilverado Contractors, Inc. 401(k) PlanSilverado Contractors, Inc. …$19MSecurity Mutual Life Insurance Company of New York Career Agents' Profit Sharing PlanSecurity Mutual Life Insuran…$19MElford, Inc. 401(k) Plan$19M
End-of-year total assets ($M) among Matanuska Electric Association, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Alaska filing particulars

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$19M
Net Income$3M
Employer EIN920007954
Plan Effective Date2006-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Matanuska Electric Association Inc)

Sponsor-wide plan assets over time

All Matanuska Electric Association Inc plans reported in each filing year

Latest sponsor-wide plan assets
$22M 38.209300340100626% vs 2022
2024 filing year
$14M$16M$18M$20M$22M$24M 202220232024 $16M $22.1M ▲ +38.2%
Year Plans Participants Total Assets
2022 1 118 $16M
2023 1 124 $19M
2024 1 127 $22M

Nearby 401(k) Plans in Alaska

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Matanuska Electric Association, Inc. 401(k) Plan vs. nearby 401(k) plans in Alaska, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -0.500.511.5 Total assets ($B) Participants Matanuska Electric Association, Inc. 401(k) Plan, Total assets ($B): 0.018807882 · Participants: 124Matanuska Electric Association, Inc. 401(k) PlanArctic Slope Regional Corporation and Subsidiaries Employees Retirement Plan, Total assets ($B): 1.297507306 · Participants: 14281Arctic Slope Regional Corporation and Subsidiaries Employees Retirement PlanGainwell Technologies 401(k) Plan, Total assets ($B): 0.559415606 · Participants: 10596Gainwell Technologies 401(k) PlanCook Inlet Region 401(k) Retirement Plan, Total assets ($B): 0.498406925 · Participants: 5039Cook Inlet Region 401(k) Retirement PlanBristol Bay Native Corporation 401(k) Savings Plan, Total assets ($B): 0.414835549 · Participants: 4851Bristol Bay Native Corporation 401(k) Savings PlanGci 401(k) Plan, Total assets ($B): 0.401720597 · Participants: 1826Gci 401(k) Plan
Matanuska Electric Association, Inc. 401(k) Plan vs. nearby 401(k) plans in Alaska, assets vs. participants
Compare Matanuska Electric Association, Inc. 401(k) Plan side-by-side with 3 peers →

Matanuska Electric Association, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Alaska, the nearest 401(k) by assets is Horizon Beverage Co., Inc. 401(k) Retirement Plan in MA ($19M); by covered participants it is F.L. Chamberlain School Retirement Plan in MA (124 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (124 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Matanuska Electric Association, Inc. 401(k) Plan assets move in 2023? ▼
Matanuska Electric Association, Inc. 401(k) Plan grew sharply - up 17.7% during 2023, from $16M to $19M. Reported net income was $3M.
How have Matanuska Electric Association Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Matanuska Electric Association Inc's sponsor-wide assets grew 38.2%, from $16M to $22M.
Which 401(k) plans are similar in size to Matanuska Electric Association, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Horizon Beverage Co., Inc. 401(k) Retirement Plan in MA ($19M, 143 participants).
Which 401(k) plans cover a similar participant headcount to Matanuska Electric Association, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is F.L. Chamberlain School Retirement Plan in MA (124 participants, $1M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 920007954.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.