Plan Ledger DOL Form 5500 · updated monthly

Cato Institute401(k)

CATO INSTITUTE 401(K) PLAN · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Cato Institute reported $67,025 in plan administrative expenses for 2024: 0.17% of average plan assets, below the peer median. Employer contributions averaged $4,726 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 0.20% to 0.17%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 204th-largest of 618 plans among District of Columbia employers on file, and the 3,278th of 11,654 in professional & technical services. In 2024, employees put in $1.64 for every $1.00 the employer contributed; active participation has grown from 179 to 203 since 2022.

Plan summary
Net assets, end of year$40,313,170
Participants with balances259
Active participants203
Employer contributions$959,286
Employee contributions$1,575,683
Employer contribution per active participant$4,726
Average account balance$155,649
Benefits paid to participants$4,679,479
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$40.3M · 259 accts · $959K emplr
2023$36.9M · 246 accts · $870K emplr
2022$30.9M · 229 accts · $857K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,609
Investment management$14,416
Total administrative$67,025
The Cato Institute 401(k) match · 2024
Employer contribution per active participant$4,726
Median for plans this size$2,416
2024$4,726 per active participant
2023$4,653 per active participant
2022$4,789 per active participant

Cato Institute's 2024 employer contribution ran above the $2,416 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 · 20243
EMPOWER ADVISORY GROUP, LLC · Investment management$14,416
KESTRA INVESTMENT SERVICES LLCindirect comp

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$67,025 · 0.17%
2023$64,720 · 0.19%
2022$68,965 · 0.20%
Same employer
Similar plansProfessional & Technical Services · District of Columbia
Acdi/Voca DC$46.0M · 0.06%
Brailsford & Dunlavey, Inc. DC$44.9M · 0.29%
Control Risks Group, LLC DC$42.2M · 0.30%
American Geophysical Union DC$42.0M · 0.12%
Arabella Advisors DC$40.0M · 0.42%
The Morning Consult LLC DC$39.0M · 0.03%
The Heritage Foundation DC$38.1M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237432162 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.