Plan Snapshot
- Plan Sponsor: American Federation Of State, County And Municipal Employees
- Sponsor EIN: 530237789
- Sponsor Address: 1625 L ST., N.W., WASHINGTON, DC, 200365687
- Plan Type: DB
- Total Participants: 1,741
- Total Assets: $1.6B
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,741 | $1.6B | $36.9M | $10.8M |
| 2023 | 1,688 | $1.6B | $37.1M | $10.2M |
| 2022 | 1,661 | $1.5B | $31.9M | $10.0M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| NISA | Other Service Provider | $1,135,827 | — | $1,135,827 |
| AFSCME | Other Service Provider | $583,379 | — | $583,379 |
| MERCER (US) LLC | Other Service Provider | $482,687 | — | $482,687 |
| NEWTON INVESTMENT MANAGEMENT NORTH | Other Service Provider | $437,346 | — | $437,346 |
| STATE STREET BANK & TRUST COMPANY | Other Service Provider | $368,300 | — | $368,300 |
| MERCER INVESTMENT LLC | Other Service Provider | $121,364 | — | $121,364 |
| STATE STREET GLOBAL ADVISORS | Other Service Provider | $98,250 | — | $98,250 |
| WITHUMSMITH+BROWN PC | Auditor | $77,426 | — | $77,426 |
| PENSION BENEFIT INFORMATION, LLC | Other Service Provider | $60,000 | — | $60,000 |
| RHUMBLINE ADVISORS | Other Service Provider | $37,127 | — | $37,127 |
| BREDHOFF & KAISER PLLC | ERISA Attorney | $26,800 | — | $26,800 |
| INSTITUTIONAL SHAREHOLDERS SERVICES | Other Service Provider | $9,126 | — | $9,126 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WITHUMSMITH+BROWN PC — Auditor
- BREDHOFF & KAISER PLLC — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,437,632
- Estimated Expense Ratio: 0.210% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $3,979,946 | $1,843,965 | — | $77,426 | — |
| 2023 | $6,383,006 | $2,209,398 | — | $45,300 | — |
| 2022 | $6,415,881 | $2,157,743 | — | — | $450,239 |