District of Columbia › Other services › 500 to 999 participants
Form 5500 statement · plan year 1 Jan 2024 to 31 Dec 2024
Communications Workers of America Plan for Employees' Pensions
Sponsored by Communications Workers of America, AFL-CIO, CLC, 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.
Communications Workers of America Plan for Employees' Pensions is a defined benefit pension plan sponsored by Communications Workers of America, AFL-CIO, CLC of Washington, District of Columbia. For the plan year ending 31 Dec 2024 it reported 560 participants, 116 of them active, and net assets of $129M.
Net assets came to $230,448 per participant, well above the $86,583 median for defined benefit plans with 500 to 999 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.
Employer contributions were $3.0M for the year ($25,862 per active participant) and benefits paid were $11.0M. In a defined benefit plan the employer's contribution follows funding rules rather than a match formula, so it can swing widely from year to year.
Schedule C lists 7 service provider organisations paid $5,000 or more, with reported compensation of $359K: $640 per participant, well above the same-size median of $377. Administrative expenses charged to the plan were $439K. 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 $204M in 2009 to $129M in 2024 (down 37%), and participants from 1,373 to 560 (down 59%).
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 | $230,448 | $86,583 | $110,377 | $86,221 |
| Employer contributions per active participant | $25,862 | $10,758 | $13,001 | $10,244 |
| Schedule C compensation per participant | $640 | $377 | $486 | $344 |
| Schedule C compensation, share of net assets | 0.28% | 0.48% | 0.44% | 0.42% |
| Administrative expenses per participant | $783 | $591 | $662 | $527 |
Peer columns are medians for plan year 2024 across defined benefit plans with 100 or more participants: 500 to 999 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 | 560 | $129M | $230,448 | $3.0M | — | $359K |
| 2023 | 583 | $125M | $214,324 | $4.0M | — | $344K |
| 2022 | 609 | $121M | $198,693 | $5.2M | — | $355K |
| 2021 | 676 | $164M | $243,037 | $3.6M | — | $393K |
| 2020 | 821 | $156M | $190,278 | $10.2M | — | $323K |
| 2019 | 866 | $152M | $175,176 | $15.6M | — | $327K |
| 2018 | 949 | $138M | $144,946 | $3.8M | — | $356K |
| 2017 | 1,013 | $170M | $168,146 | $4.1M | — | $479K |
| 2016 | 1,062 | $174M | $163,707 | $3.7M | — | $490K |
| 2015 | 1,027 | $179M | $174,456 | $4.2M | — | $540K |
| 2014 | 1,199 | $202M | $168,822 | $1.3M | — | $494K |
| 2013 | 1,246 | $212M | $169,789 | $21.2M | — | $562K |
| 2012 | 1,273 | $192M | $150,874 | $7.5M | — | $471K |
| 2011 | 1,273 | $193M | $151,737 | $4.0M | — | $542K |
| 2010 | 1,338 | $206M | $153,796 | — | — | $607K |
| 2009 | 1,373 | $204M | $148,714 | — | — | $1.7M |
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$124,951,114
- Employer contributions$3,000,000
- Participant contributions—
- Rollovers and other contributions—
- Total contributions$3,000,000
- Total income, including investment results$15,496,491
- Benefits paid$10,958,268
- Administrative expenses$438,610
- Total expenses$11,396,878
- Net income$4,099,613
- Net transfers$0
- Net assets, end of year$129,050,727
Participants
- Active participants116
- Retired or separated, receiving benefits278
- Retired or separated, entitled to future benefits56
- Total participants, end of year560
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Segal Marco Advisors, Inc. | Investment advisory (plan) | $116,000 | $0 |
| Cheiron, Inc. | Actuarial; Consulting (pension) | $73,488 | $0 |
| American Realty Advisors | Investment management | $64,583 | $0 |
| Calibre CPA Group PLLC | Accounting (including auditing) | $49,750 | $0 |
| Truist Bank | Custodial (securities) | $20,363 | $0 |
| Newtower Trust Company | Investment management | $17,364 | $0 |
| Slevin & Hart, PC | Legal | $16,995 | $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$218,310
- Other administrative expenses$80,067
- Actuarial fees$73,488
- IQPA audit fees$49,750
- Legal fees$16,995
- Total administrative expenses$438,610
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.
- 103-12 investment entities$88.0M · 68.2%
- Partnership/joint venture interests$23.3M · 18.1%
- Common/collective trusts$6.5M · 5.0%
- Corporate stocks$6.3M · 4.9%
- Cash (interest and non-interest bearing)$3.2M · 2.4%
- Other investments$1.2M · 0.9%
- Registered investment companies (mutual funds)$375K · 0.3%
- Receivables$289K · 0.2%
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, $500,000
- 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 related1ECode section 401(h) arrangement
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 Communications Workers of America, AFL-CIO, CLC
| Plan | Participants | Net assets |
|---|---|---|
| Communications WKRS of America 401(k) Tax Deferred Savings Plan | 729 | $103M |
| Communications Workers of America Adjustable Pension Plan | 565 | $29.3M |
Similar plans in District of Columbia
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Communications Workers of America Adjustable Pension Plan | Communications Workers of America, AFL-CIO, CLC | 565 | $29.3M | $51,902 |
| American Petroleum Institute Retirement Income Plan | American Petroleum Institute | 555 | $84.5M | $152,162 |
| Pension Plan for Office Employees of the International Brotherhood of Electrical Workers | International Brotherhood of Electrical Workers | 585 | $251M | $429,879 |
| American Federation of Government Employees Pension Plan | American Federation of Government Employees | 485 | $186M | $383,642 |
| Bac - Salaried Employees Pension Plan | BD of Trustees Iubac Salaried Empl Pen Plan | 601 | $233M | $388,422 |
| Retirement Income Plan for Employees of Edison Electric Institute | Edison Electric Institute | 336 | $130M | $385,458 |
Defined benefit plans in other services closest in size.
Questions and answers
How big is Communications Workers of America Plan for Employees' Pensions?
560 participants at the end of the plan year ending 31 Dec 2024, of whom 116 were active employees, with net assets of $129,050,727. Among defined benefit plans that places it in the 500 to 999 participants band, which held 873 plans in plan year 2024.
What does Communications Workers of America, AFL-CIO, CLC contribute per participant?
The filing reports $3,000,000 in employer contributions for the year, which is $25,862 per active participant; the median for plans of the same type and size was $10,758 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.
What fees does the plan pay and how do they compare?
Schedule C reports $358,543 in compensation to service provider organisations, $640 per participant or 0.28% of net assets. The same-size median among plans reporting any Schedule C compensation was $377 per participant. Administrative expenses on Schedule H were $438,610. 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 Communications Workers of America, AFL-CIO, CLC. Investment advisory or management: Segal Marco Advisors, Inc., American Realty Advisors and Newtower Trust Company. Trustee or custodian: Truist Bank. 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 17 Sep 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 53-0246709, plan 001, received 17 Sep 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.