Plan Ledger DOL Form 5500 · updated monthly

American Petroleum Institute401(k)

AMERICAN PETROLEUM INSTITUTE 401(K) DEFINED CONTRIBUTION PLAN · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

American Petroleum Institute reported $157,627 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $12,799 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 0.12%. 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 76th-largest of 618 plans among District of Columbia employers on file, and the 132nd of 3,341 in other services. In 2024, employees put in $1.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$138,498,063
Participants with balances497
Active participants307
Employer contributions$3,929,212
Employee contributions$4,213,866
Employer contribution per active participant$12,799
Average account balance$278,668
Benefits paid to participants$13,161,395
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$138.5M · 497 accts · $3.9M emplr
2023$125.5M · 511 accts · $3.7M emplr
2022$106.2M · 503 accts · $3.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$102,627
Investment management$55,000
Total administrative$157,627
The American Petroleum Institute 401(k) match · 2024
Employer contribution per active participant$12,799
Median for plans this size$3,635
2024$12,799 per active participant
2023$11,974 per active participant
2022$11,618 per active participant

American Petroleum Institute'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 · 20242
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$55,000

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$157,627 · 0.12%
2023$128,415 · 0.11%
2022$135,365 · 0.11%
Same employer
Similar plansOther Services · District of Columbia
World Resources Institute DC$126.8M · 0.25%
Neighborworks America DC$123.0M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 130433430 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.