District of Columbia › Other services › 250 to 499 participants
Form 5500 statement · plan year 1 Jan 2024 to 31 Dec 2024
American Federation of Government Employees Pension Plan
Sponsored by American Federation of Government Employees, Washington, DC
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
American Federation of Government Employees of Washington, District of Columbia sponsors American Federation of Government Employees Pension Plan, a defined benefit pension plan. Its Form 5500 for the plan year ending 31 Dec 2024 shows 485 participants (282 active) and $186M in net assets.
Net assets came to $383,642 per participant, well above the $87,254 median for defined benefit plans with 250 to 499 participants and well above the $110,377 median for defined benefit plans in other services. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
Schedule C lists 10 service provider organisations paid $5,000 or more, with reported compensation of $591K: $1,219 per participant, well above the same-size median of $413. Administrative expenses charged to the plan were $848K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $42.6M in 2009 to $186M in 2024 (up 337%), and participants from 409 to 485 (up 19%).
The independent accountant's opinion on the financial statements was unmodified (unqualified).
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DB plans |
|---|---|---|---|---|
| Net assets per participant | $383,642 | $87,254 | $110,377 | $86,221 |
| Employer contributions per active participant | — | $11,032 | $13,001 | $10,244 |
| Schedule C compensation per participant | $1,219 | $413 | $486 | $344 |
| Schedule C compensation, share of net assets | 0.32% | 0.51% | 0.44% | 0.42% |
| Administrative expenses per participant | $1,749 | $596 | $662 | $527 |
Peer columns are medians for plan year 2024 across defined benefit plans with 100 or more participants: 250 to 499 participants (873 plans), other services (226) and all US plans (5,308). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 485 | $186M | $383,641 | — | — | $591K |
| 2023 | 517 | $169M | $327,288 | — | — | $592K |
| 2022 | 453 | $155M | $341,572 | $6.5M | — | $604K |
| 2021 | 484 | $177M | $365,134 | $7.7M | — | $659K |
| 2020 | 481 | $150M | $311,917 | $9.6M | — | $586K |
| 2019 | 508 | $127M | $249,780 | $7.0M | — | $587K |
| 2018 | 480 | $105M | $217,856 | $6.0M | — | $547K |
| 2017 | 484 | $105M | $217,368 | $5.4M | — | $513K |
| 2016 | 514 | $91.1M | $177,181 | $5.4M | — | $479K |
| 2015 | 496 | $82.6M | $166,603 | $5.4M | — | $424K |
| 2014 | 450 | $80.0M | $177,764 | $5.4M | — | $408K |
| 2013 | 430 | $74.0M | $172,035 | $5.4M | — | $352K |
| 2012 | 415 | $61.6M | $148,475 | $5.4M | — | $340K |
| 2011 | 431 | $53.9M | $125,046 | $5.4M | — | $409K |
| 2010 | 432 | $51.7M | $119,597 | $5.4M | — | $255K |
| 2009 | 409 | $42.6M | $104,044 | $2.9M | — | $241K |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$169,208,033
- Employer contributions—
- Participant contributions—
- Rollovers and other contributions—
- Total contributions—
- Total income, including investment results$25,596,853
- Benefits paid$7,890,191
- Administrative expenses$848,423
- Total expenses$8,738,614
- Net income$16,858,239
- Net transfers$0
- Net assets, end of year$186,066,272
Participants
- Active participants282
- Retired or separated, receiving benefits129
- Retired or separated, entitled to future benefits31
- Total participants, end of year485
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Marshfield Associates | Investment management | $212,413 | $0 |
| Cheiron | Actuarial | $59,618 | $0 |
| US Real Estate Investment Fund | Investment management | $56,896 | $0 |
| Associated Administrators | Contract Administrator | $54,648 | $0 |
| Slevin & Hart, PC | Legal | $48,699 | $0 |
| Standard Valuations | Investment advisory (plan) | $42,100 | $0 |
| Chartwell Investment Partners Inc. | Investment management | $41,529 | $0 |
| Asb Capital Management, LLC | Investment management | $33,200 | $0 |
| Calibre CPA Group PLLC | Accounting (including auditing) | $21,791 | $0 |
| State Street Global Advisors | Custodial (securities); Custodial (other than securities) | $20,261 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Investment advisory and management fees$587,902
- Other administrative expenses$75,765
- Actuarial fees$59,618
- Contract administrator fees$54,648
- Legal fees$48,699
- IQPA audit fees$21,791
- Total administrative expenses$848,423
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Common/collective trusts$109M · 58.7%
- Corporate stocks$33.2M · 17.8%
- Partnership/joint venture interests$19.3M · 10.4%
- Registered investment companies (mutual funds)$9.7M · 5.2%
- U.S. Government securities$6.8M · 3.7%
- Corporate debt instruments$3.9M · 2.1%
- Cash (interest and non-interest bearing)$3.9M · 2.1%
- Receivables$162K · 0.1%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmCalibre CPA Group PLLC
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $1,000,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
1ABenefits are primarily pay related
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 813930: Labor Unions and Similar Labor Organizations.
Other plans of American Federation of Government Employees
| Plan | Participants | Net assets |
|---|---|---|
| Afge Employees 401(k) Plan | 477 | $59.2M |
Similar plans in District of Columbia
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| American Petroleum Institute Retirement Income Plan | American Petroleum Institute | 555 | $84.5M | $152,162 |
| Retirement Income Plan for Employees of Edison Electric Institute | Edison Electric Institute | 336 | $130M | $385,458 |
| Communications Workers of America Plan for Employees' Pensions | Communications Workers of America, AFL-CIO, CLC | 560 | $129M | $230,448 |
| American Postal Workers Union Officers' Qualified Retirement Plan | American Postal Workers Union, AFL-CIO | 298 | $120M | $402,855 |
| Communications Workers of America Adjustable Pension Plan | Communications Workers of America, AFL-CIO, CLC | 565 | $29.3M | $51,902 |
| The People-To-People Health Foundation, Inc. Pension Plan | The People-To-People Foundation, Inc. Project Hope Health Sciences Ed | 204 | $26.5M | $129,981 |
Defined benefit plans in other services closest in size.
Questions and answers
How big is American Federation of Government Employees Pension Plan?
485 participants at the end of the plan year ending 31 Dec 2024, of whom 282 were active employees, with net assets of $186,066,272. Among defined benefit plans that places it in the 250 to 499 participants band, which held 873 plans in plan year 2024.
What does American Federation of Government Employees contribute per participant?
This filing has no Schedule H financial statement, so employer contributions are not reported here.
What fees does the plan pay and how do they compare?
Schedule C reports $591,155 in compensation to service provider organisations, $1,219 per participant or 0.32% of net assets. The same-size median among plans reporting any Schedule C compensation was $413 per participant. Administrative expenses on Schedule H were $848,423. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is American Federation of Government Employees. Recordkeeping or administration: Associated Administrators. Investment advisory or management: Marshfield Associates, US Real Estate Investment Fund and Standard Valuations. Trustee or custodian: State Street Global Advisors. The financial statements were audited by Calibre CPA Group PLLC. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jan 2024 to 31 Dec 2024, received by the Department of Labor on 6 Oct 2025. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 53-0025740, plan 001, received 6 Oct 2025; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.