Retirement plan

AARP EMPLOYEES 401K PLAN

Name: AARP - AARP EMPLOYEES 401K PLAN (2024) Form 5500
Creator: AARP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AARP EMPLOYEES 401K PLAN, AARP

AARPEIN 95-1985500Plan #002PY 2024

C/O TAX DEPARTMENT, 601 E STREET, NW - WASHINGTON, DC 20049888-779-3966aarp.orgLinkedIn1001-5000 employeesnon-profit organization management

Other plans on this EIN

2 filings

#001Retirement-$1.63B assets #003Retirement-$2.4M assets

Prospect flagsHigh assets / participant

Top hat statement on fileNQDC

Filed October 3, 2013

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

Open the filing PDF

How to read this page

Total assets (EOY)

$998.5M

+12.7% from 2023

Total participants

3,949

+3.2% from 2023

Average account balance

$269,435

+12.8% from 2023

Annual return

14.17%

-5.19 pp from 2023

Benchmarks

See 287 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants1,000-4,999

Cohort287 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$998.53M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$269K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

3,706

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

90.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$52.77M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$21K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+14.17%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$83

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 3 by compensation

Provider	Service type	Compensation
T ROWE PRICE RPS INC10+ years Filed as: T ROWE PRICE Service code 15 · EIN 51-1481931	Recordkeeping	$142,663
AON CONSULTING7 years Filed as: AON HEWITT ASSOCIATES LP Service code 16 PO BOX 95135 · CHICAGO, IL 60694	Consulting	$109,225
GRANT THORNTON LLP10+ years Filed as: GRANT THORNTON Service code 10 · EIN 36-6055558	Accounting	$54,000

Plan features & details

Pension benefit codes2E2F2G2J2K

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.

Opportunity flags

1 tripped

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$309K

$121 / participant

Recordkeeping$143K46.1%
Investment mgmt$109K35.3%
Other / not subdivided$57K18.5%

% of EOY assets

0.031%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: GRANT THORNTON LLP
Auditor EIN: 366055558
Audit fees: $54,000
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$269,435

$55,694+383.8%

$81,844+229.2%

$199,960+34.7%

Participation rate

90.5%

62.7%+27.8pp

72.4%+18.1pp

72.0%+18.5pp

Annual return

14.17%

19.59%-5.4pp

778.87%-764.7pp

34.28%-20.1pp

Employer contribution / active EE

$6,032

$2,114+185.3%

$2,916+106.8%

$3,036+98.7%

Participant deferral / active EE

$14,668

$3,299+344.7%

$4,323+239.3%

$5,087+188.3%

Admin fee / account holder

$83

$348-76.0%

$7,355-98.9%

$269-69.0%

Provider

Service type

Compensation

T ROWE PRICE RPS INC10+ years

Filed as: T ROWE PRICE

Service code 15 · EIN 51-1481931

Recordkeeping

$142,663

AON CONSULTING7 years

Filed as: AON HEWITT ASSOCIATES LP

Service code 16

PO BOX 95135 · CHICAGO, IL 60694

Consulting

$109,225

GRANT THORNTON LLP10+ years

Filed as: GRANT THORNTON

Service code 10 · EIN 36-6055558

Accounting

$54,000

AARP EMPLOYEES 401K PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AARP EMPLOYEES 401K PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion