Plan Ledger DOL Form 5500 · updated monthly

Washington Dc Convention and Tourism401(k)

DESTINATION DC 401(K) PROFIT SHARING PLAN · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Washington Dc Convention and Tourism reported $76,263 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $7,066 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.

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 among the smaller plans on file in District of Columbia (364th of 618), and 6,107th of 11,654 in professional & technical services. In 2024, employees put in $1.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,103,696
Participants with balances146
Active participants114
Employer contributions$805,468
Employee contributions$889,763
Employer contribution per active participant$7,066
Average account balance$117,149
Benefits paid to participants$146,871
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$76,263
Total administrative$76,263
The Washington Dc Convention and Tourism 401(k) match · 2024
Employer contribution per active participant$7,066
Median for plans this size$2,416

Washington Dc Convention and Tourism'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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$76,263
KESTRA INVESTMENT SERVICES LLC · Other servicesindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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

Administrative cost history1
2024$76,263 · 0.49%
Same employer
Similar plansProfessional & Technical Services · District of Columbia
Afiniti Inc. DC$19.5M · 0.57%
Otj Architects Inc DC$19.2M · 0.30%
Upside Services, Inc. DC$17.7M · 0.19%
Psb Insights, LLC DC$16.3M · 0.46%
The Avascent Group, LTD. DC$15.9M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521070609 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.