Plan Ledger DOL Form 5500 · updated monthly

Aarp401(k)

AARP EMPLOYEES 401K PLAN · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
0.03%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Aarp reported $309,254 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,032 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.033%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other other services employers. By assets it is the 14th-largest of 618 plans among District of Columbia employers on file, and the 9th of 3,341 in other services. In 2024, employees put in $2.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$998,525,064
Participants with balances3,706
Active participants2,549
Employer contributions$15,376,232
Employee contributions$37,389,423
Employer contribution per active participant$6,032
Average account balance$269,435
Benefits paid to participants$65,442,963
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$998.5M · 3,706 accts · $15.4M emplr
2023$885.7M · 3,707 accts · $14.2M emplr
2022$735.7M · 3,523 accts · $13.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$142,664
Investment management$109,225
Audit (IQPA)$54,000
Total administrative$309,254
The Aarp 401(k) match · 2024
Employer contribution per active participant$6,032
Median for plans this size$4,294
2024$6,032 per active participant
2023$5,601 per active participant
2022$5,569 per active participant

Aarp's 2024 employer contribution ran above the $4,294 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
T ROWE PRICE · Recordkeeping · Loan processing$142,663
AON HEWITT ASSOCIATES LP · Consulting$109,225
GRANT THORNTON · Accounting / audit$54,000

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$309,254 · 0.03%
2023$268,829 · 0.03%
2022$279,341 · 0.03%
Same employer
Similar plansOther Services · District of Columbia
Finra DC$2.5B · 0.03%
Service Corporation Intl TX$1.8B · 0.08%
Vizient, Inc. TX$1.1B · 0.07%
Wand Newco 3, Inc. TX$862.3M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951985500 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.