First National Bank Alaska

Location Anchorage, Alaska
Asset Size $67 million 
Number of Participants 842
Business Financial Services
Participation Rate95%
Avg Deferral Rate7.90%
Number of Funds20
Investment ReviewQuarterly
Fee ReviewAnnually
Fee EqualizationNo
Auto-Enrollment Rate4%
Auto-Escalation Rate 1%
Re-EnrollmentYes
Default InvestmentTarget-date (active)
Ret Income OfferingNone
Vesting Period>5 years
Match Rate 50% of first 7.5% of salary
% Receiving Full Match>50%–75%
True-Up MatchNo
  
Financial Education 
Saving/budgetingx
Investing strategiesx
College savingx
Credit/debt mgmtx
Tax/estate planningx
Retiree health costs/savings optionsx
  
ProviderThe Newport Group
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