Plan Ledger DOL Form 5500 · updated monthly

American Federation of Teachers Afl-Cio401(k)

AMERICAN FEDERATION OF TEACHERS MANAGEMENT RETIREMENT PLAN · SPRINGFIELD, IL · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

American Federation of Teachers Afl-Cio reported $5,366 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $37,028 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 0.014% to 0.006%. 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 548th-largest of 3,702 plans among Illinois employers on file, and the 192nd of 3,341 in other services. In 2024, the employer put in $4.41 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$104,359,369
Participants with balances157
Active participants103
Employer contributions$3,813,917
Employee contributions$864,881
Employer contribution per active participant$37,028
Average account balance$664,709
Benefits paid to participants$7,322,622
Plan auditUnmodified (clean) audit opinion
AuditorKERBER, ECK & BRAECKEL
Plan history3
Yearassets · accounts · employer contribution
2024$104.4M · 157 accts · $3.8M emplr
2023$90.3M · 153 accts · $3.7M emplr
2022$75.4M · 152 accts · $3.7M emplr
The American Federation of Teachers Afl-Cio 401(k) match · 2024
Employer contribution per active participant$37,028
Median for plans this size$3,635
2024$37,028 per active participant
2023$36,176 per active participant
2022$35,701 per active participant

American Federation of Teachers Afl-Cio'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.

Administrative cost history3
2024$5,366 · 0.01%
2023$266 · 0.00%
2022$12,033 · 0.01%
All plans at this employer3
AMERICAN FEDERATION OF TEACHERS OPEIU LOCAL 2 RETIREMENT PLAN AND TRUST401(k)
AMERICAN FEDERATION OF TEACHERS STAFF UNION-OFFICE STAFF RETIREMENT PLAN AND TRUST401(k)
AMERICAN FEDERATION OF TEACHERS MANAGEMENT RETIREMENT PLAN401(k)
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 360725240 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.