Plan Snapshot
- Plan Sponsor: American Petroleum Institute
- Sponsor EIN: 130433430
- Sponsor Address: 200 MASSACHUSETTS AVENUE NW SUITE 1, WASHINGTON, DC, 20001
- Plan Type: 401(k)
- Total Participants: 307
- Total Assets: $138.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- 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 | 307 | $138.5M | $3.9M | $4.2M |
| 2023 | 309 | $125.5M | $3.7M | $4.1M |
| 2022 | 298 | $106.2M | $3.5M | $4.0M |
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 |
|---|---|---|---|---|
| CLIFTONLARSONALLEN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTONLARSONALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $157,627 | $55,000 | — | — | — |
| 2023 | $128,415 | $53,125 | — | — | — |
| 2022 | $135,365 | $47,500 | $66,096 | — | — |