American Academy of Pediatrics 401(k) Review & Grade
American Academy of Pediatrics Employees' Retirement Plan
Itasca, ILOther Services529 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$11,212Employer $ per active participant
$9,592Employee $ saved per active participant
0.02%Direct admin cost, % of plan assets
$214.2MNet plan assets, end of year
$289,856Average balance per account
Score breakdown
- Employer generosity49.1 / 5098th percentile for employer $ per participant
- Low cost24.0 / 2596th percentile for low admin cost vs. same-size plans
- Employee saving13.9 / 1593th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score90 / 100 · Grade A
This plan vs. peers
Peers: Other Services plans with 500–2,499 active participants (333 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 98th |
| Lower admin cost | 96th |
| Employee saving | 93th |
| Peers that auto-enroll | 40% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- American Academy of Pediatrics put in about $11,212 per active participant, more than the typical peer ($1,257). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $5,931,210 |
| Participant (employee) contributions | $5,074,303 |
| Other contributions (incl. rollovers in) | $134,782 |
| Administrative expenses paid from the plan | $35,310 |
| Contract administrator fees | $35,310 |
| Benefits paid out | $15,804,547 |
| Net assets, start / end of year | $194.6M / $214.2M |
| Active participants, start / end of year | 525 / 533 |
| Participants with account balances | 739 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Plante & Moran, PLLC |
Largest service providers (Schedule C)
| Minnesota Life Insurance Company | $124,386 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260227093019NAL0000292881001, received 2026-02-27, EIN 36-2275597, plan #001, plan year 2024-07-01 to 2025-06-30. Verify at efast.dol.gov.