Plan Ledger DOL Form 5500 · updated monthly

American Psychiatric Association401(k)

AMERICAN PSYCHIATRIC ASSOCIATION RETIREMENT SAVINGS PLAN · WASHINGTON, DC · 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 Psychiatric Association reported $8,313 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,702 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 rose from 0.010% to 0.015%. 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 149th-largest of 618 plans among District of Columbia employers on file, and the 373rd of 3,341 in other services. In 2024, employees put in $1.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$57,634,375
Participants with balances357
Active participants207
Employer contributions$1,387,322
Employee contributions$2,160,734
Employer contribution per active participant$6,702
Average account balance$161,441
Benefits paid to participants$7,906,962
Plan auditUnmodified (clean) audit opinion
AuditorGELMAN ROSENBERG & FREEDMAN CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$57.6M · 357 accts · $1.4M emplr
2023$54.0M · 351 accts · $1.3M emplr
2022$46.2M · 338 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,239
Investment management$2,074
Total administrative$8,313
The American Psychiatric Association 401(k) match · 2024
Employer contribution per active participant$6,702
Median for plans this size$3,635
2024$6,702 per active participant
2023$6,202 per active participant
2022$6,126 per active participant

American Psychiatric Association'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 · 20241
JOHN HANCOCK · Recordkeeping · Loan processing$8,314

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$8,313 · 0.01%
2023$7,088 · 0.01%
2022$5,216 · 0.01%
Same employer
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New Venture Fund DC$57.9M · 0.24%
Truth Initiative DC$57.4M · 0.08%
Legal Services Corporation DC$56.8M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522168499 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.