Plan Ledger DOL Form 5500 · updated monthly

Partnership for Public Service401(k)

PARTNERSHIP FOR PUBLIC SERVICE 401(K) PLAN · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Partnership for Public Service reported $41,602 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $4,237 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 0.30% to 0.27%. 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 among the smaller plans on file in District of Columbia (369th of 618), and the 1,205th of 3,341 in other services. In 2024, employees put in $2.42 for every $1.00 the employer contributed; active participation has grown from 104 to 128 since 2022.

Plan summary
Net assets, end of year$16,636,794
Participants with balances205
Active participants128
Employer contributions$542,300
Employee contributions$1,313,365
Employer contribution per active participant$4,237
Average account balance$81,155
Benefits paid to participants$2,110,969
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.6M · 205 accts · $542K emplr
2023$14.6M · 185 accts · $492K emplr
2022$11.9M · 166 accts · $407K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,485
Investment management$39,117
Total administrative$41,602
The Partnership for Public Service 401(k) match · 2024
Employer contribution per active participant$4,237
Median for plans this size$2,416
2024$4,237 per active participant
2023$4,433 per active participant
2022$3,913 per active participant

Partnership for Public Service'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 · 20242
401K ADVISORS INC · Recordkeeping · Trustee$39,117
ADP, INC. · Loan processing · Recordkeeping$2,485

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

Recordkeeper by year2
2024401K ADVISORS INC, ADP
2023401K ADVISORS INC, ADP, KESTRA ADVISORY SERVICES

This plan has changed recordkeepers within these filings. If you left Partnership for Public Service before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$41,602 · 0.27%
2023$35,409 · 0.27%
2022$39,222 · 0.30%
Same employer
Similar plansOther Services · District of Columbia
Bread for the World, Inc. DC$17.3M · 0.01%
Food & Water Watch DC$17.1M · 0.08%
National 4-H Council DC$15.3M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061540513 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.