Plan Ledger DOL Form 5500 · updated monthly

American Federation of State Cty401(k)

AFSCME EMPLOYEES' SALARY SAVINGS PLAN · OAKLAND, CA · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

American Federation of State Cty reported $10,573 in plan administrative expenses for 2024: 0.58% of average plan assets, above the peer median. Employer contributions averaged $2,216 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in California (8,225th of 9,483), and 2,828th of 3,341 in other services. In 2024, the employer put in $1.15 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$2,181,087
Participants with balances170
Active participants127
Employer contributions$281,485
Employee contributions$243,939
Employer contribution per active participant$2,216
Average account balance$12,830
Benefits paid to participants$67,980
Plan auditUnmodified (clean) audit opinion
AuditorWITHUM
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,573
Total administrative$10,573
The American Federation of State Cty 401(k) match · 2024
Employer contribution per active participant$2,216
Median for plans this size$1,313

American Federation of State Cty's 2024 employer contribution ran above the $1,313 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 · 20241
ADP, INC. · Loan processing · Recordkeeping$10,573

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

Administrative cost history1
2024$10,573 · 0.58%
Similar plansOther Services · California
Soapy Joe's Group, Inc. CA$2.4M · 1.59%
The Fresno Center CA$2.4M · 0.49%
The Reutlinger Community CA$2.3M · 0.81%
Hardy Window Company CA$2.1M · 1.65%
Weal Management LLC CA$2.1M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943306474 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.