Plan Ledger DOL Form 5500 · updated monthly

American Council of Life Insurers401(k)

AMERICAN COUNCIL OF LIFE INSURERS SHARED TAX ADVANTAGE RETIREMENT PLAN · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

American Council of Life Insurers reported $18,675 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $19,504 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 2 years on file its reported administrative ratio fell from 0.15% to 0.02%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other other services employers. By assets it is the 87th-largest of 618 plans among District of Columbia employers on file, and the 163rd of 3,341 in other services. In 2024, the employer put in $1.10 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$117,969,875
Participants with balances224
Active participants108
Employer contributions$2,106,463
Employee contributions$1,921,947
Employer contribution per active participant$19,504
Average account balance$526,651
Benefits paid to participants$7,531,642
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$118.0M · 224 accts · $2.1M emplr
2023$106.8M · 237 accts · $2.1M emplr
2022$94.9M · 236 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,675
Total administrative$18,675
The American Council of Life Insurers 401(k) match · 2024
Employer contribution per active participant$19,504
Median for plans this size$3,635
2024$19,504 per active participant
2023$19,691 per active participant
2022$18,596 per active participant

American Council of Life Insurers's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top quarter of its peers. 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$18,216
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
GLOBAL RETIREMENT PARTNERS, LLC, A · Investment advisory (participants)indirect comp

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

Administrative cost history3
2024$18,675 · 0.02%
2023$141,812 · 0.14%
2022$161,508 · 0.15%
Same employer
Similar plansOther Services · District of Columbia
World Resources Institute DC$126.8M · 0.25%
Neighborworks America DC$123.0M · 0.16%
Radio Free Asia DC$105.7M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521044350 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.