Plan Ledger DOL Form 5500 · updated monthly

American Pharmacists Association401(k)

AMERICAN PHARMACISTS ASSOCIATION 401(K) PLAN · WASHINGTON, DC · plan year 2025

Reported admin expense ratio · 2025
0.27%

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

American Pharmacists Association reported $64,759 in plan administrative expenses for 2025: 0.27% of average plan assets, below the peer median. Employer contributions averaged $5,630 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 fell from 0.32% to 0.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other other services employers. By assets it is the 290th-largest of 618 plans among District of Columbia employers on file, and the 875th of 3,341 in other services. In 2025, employees put in $1.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,914,399
Participants with balances158
Active participants117
Employer contributions$658,750
Employee contributions$1,233,544
Employer contribution per active participant$5,630
Average account balance$157,686
Benefits paid to participants$3,193,040
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$24.9M · 158 accts · $659K emplr
2024$22.7M · 162 accts · $627K emplr
2023$21.5M · 157 accts · $559K emplr
2022$20.9M · 162 accts · $588K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$64,759
Total administrative$64,759
The American Pharmacists Association 401(k) match · 2025
Employer contribution per active participant$5,630
Median for plans this size$2,666
2025$5,630 per active participant
2024$5,314 per active participant
2023$4,948 per active participant
2022$5,347 per active participant

American Pharmacists Association's 2025 employer contribution ran above the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$64,759
GALLAGHER FIDUCIARY ADVISORS, LLC · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · 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 history4
2025$64,759 · 0.27%
2024$103,922 · 0.47%
2023$71,053 · 0.34%
2022$76,592 · 0.32%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 530026265 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.