Plan Ledger DOL Form 5500 · updated monthly

The Washington Center for Intern401(k)

THE WASHINGTON CENTER FOR INTERNSHIPS AND ACADEMIC SEMINAR · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

The Washington Center for Intern reported $13,089 in plan administrative expenses for 2024: 0.30% of average plan assets, below the peer median. Employer contributions averaged $2,870 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 0.04% to 0.30%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in District of Columbia (529th of 618), and 2,555th of 3,091 in educational services. In 2024, employees put in $2.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,617,775
Participants with balances107
Active participants63
Employer contributions$180,802
Employee contributions$412,493
Employer contribution per active participant$2,870
Average account balance$43,157
Benefits paid to participants$801,143
Plan auditUnmodified (clean) audit opinion
AuditorCOUNCILOR BUCHANAN AND MITCHELL
Plan history3
Yearassets · accounts · employer contribution
2024$4.6M · 107 accts · $181K emplr
2023$4.2M · 114 accts · $163K emplr
2022$3.8M · 111 accts · $137K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,495
Investment management$11,594
Total administrative$13,089
The The Washington Center for Intern 401(k) match · 2024
Employer contribution per active participant$2,870
Median for plans this size$1,313
2024$2,870 per active participant
2023$2,430 per active participant
2022$2,254 per active participant

The Washington Center for Intern's 2024 employer contribution ran above the $1,313 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 · 20246
NORTHWESTERN MUTUAL INVESTMENT SERV · Recordkeeping · Trustee$10,803
NORTHWESTERN MUTUAL INVESTMENT SERV · Recordkeeping · Trustee$10,803
ADP, INC. · Recordkeeping · Investment advisory (participants)$2,286
ADP, INC. · Recordkeeping · Investment advisory (participants)$2,286
ADP BROKER-DEALERindirect comp
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, NORTHWESTERN MUTUAL INVESTMENT SERV
2023ADP, NORTHWESTERN MUTUAL INVESTMENT SERV

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

Administrative cost history3
2024$13,089 · 0.30%
2023$11,951 · 0.30%
2022$1,697 · 0.04%
Similar plansEducational Services · District of Columbia
Cultural Vistas, Inc. DC$4.6M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521019820 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.