Plan Ledger DOL Form 5500 · updated monthly

American Federation of State, County and Municipal Employees401(k)

AFSCME EMPLOYEES SALARY SAVINGS PLAN · WASHINGTON, DC · plan year 2023

Reported admin expense ratio · 2023
0.02%

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

American Federation of State, County and Municipal Employees reported $50,381 in plan administrative expenses for 2023: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $190 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 0.03% to 0.02%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other other services employers. By assets it is the 56th-largest of 618 plans among District of Columbia employers on file, and the 80th of 3,341 in other services. In 2023, employees put in $32.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$211,919,106
Participants with balances1,820
Active participants1,284
Employer contributions$243,487
Employee contributions$7,939,814
Employer contribution per active participant$190
Average account balance$116,439
Benefits paid to participants$17,432,617
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$195.2M · 1,548 accts · $835K emplr
2023$211.9M · 1,820 accts · $243K emplr
2022$194.9M · 1,864 accts · $191K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$50,381
Total administrative$50,381
The American Federation of State, County and Municipal Employees 401(k) match · 2023
Employer contribution per active participant$190
Median for plans this size$3,659
2024$770 per active participant
2023$190 per active participant
2022$150 per active participant

American Federation of State, County and Municipal Employees's 2023 employer contribution ran below the $3,659 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
PRUDENTIAL RETIREMENT INSURANCE AND · Loan processing$50,813

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$32,730 · 0.02%
2023$50,381 · 0.02%
2022$73,905 · 0.03%
Same employer
Similar plansOther Services · District of Columbia
The Aspen Institute DC$192.8M · 0.00%
Investment Company Institute DC$165.2M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 530237789 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.