American Petroleum Institute Retirement Income Plan — Form 5500 plan (American Petroleum Institute)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, American Petroleum Institute Retirement Income Plan is a benefit plan reported by American Petroleum Institute under EIN 13-0433430 and plan number 001. The latest loaded filing year is 2023. The filing reports 632 participants and $82,590,269 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$82.6MPlan net assets, end of year$82,590,269
Participants632Covered participants reported
Assets / participant$130.7KComputed: assets ÷ participants$130,681 (computed)
Provider compensation$227.8K4 Schedule C provider row(s)$227,833
Plan sponsor
American Petroleum Institute
EIN
13-0433430
Plan number
001
Plan type
2
Location
Washington, DC
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023632H, C20241008102358NAL0009542627001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$82.6M total assets
Net assets$82.6MLiabilities$0
Money in vs. money out
Total income / additions$15.4M
Total expenses$5.6M
Benefits paid / distributions$5M
Contributions
Employer$6M
ParticipantNot reported
Full reported line items

Net assets

Total assets (EOY)
$82,590,269
Total liabilities (EOY)
$0
Net assets (EOY)
$82,590,269
Net assets (BOY)
$72,883,135

Income & contributions

Employer contributions
$6,000,000
Total contributions
$6,000,000
Total income / additions
$15,355,980

Expenses & distributions

Benefits paid
$4,969,117
Administrative expenses
$679,729
Total expenses
$5,648,846
Net increase / (decrease)
$9,707,134
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Total expenses ÷ net assets7%Computed ratio
Benefits paid ÷ total income32%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance CompanyNONE$157,833not reported in the loaded dataset2023
Commonwealth Financial NetworkNONE$27,500not reported in the loaded dataset2023
Global Retirement PartnersNONE$27,500not reported in the loaded dataset2023
PrudentialNONE$15,000not reported in the loaded dataset2023

Related Form 5500 pages