Plan Snapshot
- Plan Sponsor: American National Red Cross
- Sponsor EIN: 530196605
- Sponsor Address: 431 18TH STREET NW, WASHINGTON, DC, 200065304
- Plan Type: 401(k)
- Total Participants: 17,892
- Total Assets: $1.7B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 17,892 | $1.7B | $48.7M | $92.4M |
| 2023 | 17,926 | $1.5B | $40.4M | $82.9M |
| 2022 | 17,297 | $1.3B | $37.1M | $78.8M |
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 |
|---|---|---|---|---|
| KPMG LLP | Auditor | $102,400 | — | $102,400 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KPMG LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $102,400
- Estimated Expense Ratio: 0.006% 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 | $2,569,795 | $1,287,309 | — | $102,400 | — |
| 2023 | $2,499,614 | $1,056,193 | — | $106,300 | — |
| 2022 | $2,493,029 | $983,736 | $811,453 | — | $284,265 |