Plan Ledger DOL Form 5500 · updated monthly

Center for American Progress401(k)

CENTER FOR AMERICAN PROGRESS RETIREMENT PLAN · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Center for American Progress reported $104,852 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $5,422 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 0.22% to 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 194th-largest of 618 plans among District of Columbia employers on file, and the 507th of 3,341 in other services. In 2024, employees put in $1.29 for every $1.00 the employer contributed; active participation has grown from 228 to 268 since 2022.

Plan summary
Net assets, end of year$42,564,526
Participants with balances617
Active participants268
Employer contributions$1,453,224
Employee contributions$1,874,677
Employer contribution per active participant$5,422
Average account balance$68,986
Benefits paid to participants$4,881,930
Plan auditUnmodified (clean) audit opinion
AuditorBDO USA PC
Plan history3
Yearassets · accounts · employer contribution
2024$42.6M · 617 accts · $1.5M emplr
2023$38.7M · 627 accts · $1.3M emplr
2022$32.9M · 609 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$59,177
Investment management$45,675
Total administrative$104,852
The Center for American Progress 401(k) match · 2024
Employer contribution per active participant$5,422
Median for plans this size$2,416
2024$5,422 per active participant
2023$5,294 per active participant
2022$5,001 per active participant

Center for American Progress'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
USI ADVISORS INC · Investment advisory (plan)$41,345
EMPOWER ADVISORY GROUP, LLC · Investment management$4,330

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$104,852 · 0.26%
2023$92,435 · 0.26%
2022$79,480 · 0.22%
Same employer
Similar plansOther Services · District of Columbia
Human Rights Campaign DC$47.6M · 0.24%
New America DC$47.0M · 0.29%
Leadingage, Inc. DC$41.3M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 300126510 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.