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Original filing (PDF)20250905120841NAL0010581907001
CATO INSTITUTE
Form 5500
FILING_RECEIVED
CATO INSTITUTE 401(K) PLAN
401(k) retirement plan
Signals · 1
26% in single holding
Active participants
203
Accounts w/ balance
259
Plan assets (EOY)
$40.3M
Net assets (EOY)
$40.3M
How this plan invests
This plan
37 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
97
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
87
Total plan cost
100
Vendor stack
100
Participation health
100
Knocking points off
- Top holding "Vanguard 500 Index Fund Admiral Mutual Funds NR" is 26% of plan.
Helping the score
- Below-peer total fees (17 bps vs 29 bps peer median).
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for CATO INSTITUTE.
Plan sponsor
Name
CATO INSTITUTE
EIN
23-7432162
Address
1000 MASSACHUSETTS AVE NW · WASHINGTON, DC · 20001
Phone
(202) 842-0200
Industry
All Other Professional Services· Professional & Technical Servicessee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
002
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-09-05
Pension benefit codes
2A · Age/service weighted or new comparability
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2T · Default investment account (QDIA)
3B · Covers self-employed individuals
3D · Pre-approved plan (master / prototype / VS)
Audit & trust (Schedule H)
Auditor
APRIO, LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
3 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | — | GREENWOOD VILLAGE, CO | RECORDKEEPER | $53K | — |
Broker
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| KESTRA INVESTMENT SERVICES LLC | — | AUSTIN, TX | BROKER/ADVISER | $0 | — |
Other
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| EMPOWER ADVISORY GROUP, LLC | — | GREENWOOD VILLAGE, CO | INVESTMENT MGMT | $14K | — |
Investments
37 direct securities· $40.3M(100% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Vanguard 500 Index Fund Admiral Mutual Funds NR | — | — | — | $10.5M | 26.1% | |
| Columbia Small Cap Index Fund Institutional Mutual Funds NR | — | — | — | $2.9M | 7.3% | |
| Vanguard Total International Stock Index Fund Admiral Mutual Fund NR | — | — | — | $2.3M | 5.6% | |
| American Funds 2035 Target Date Retirement Mutual Funds NR | — | — | — | $2.1M | 5.1% | |
| Alger Capital Appreciation Mutual Funds NR | — | — | — | $1.9M | 4.6% | |
| American Funds 2050 Target Date Retirement Mutual Funds NR | — | — | — | $1.7M | 4.3% | |
| American Funds 2055 Target Date Retirement Mutual Funds NR | — | — | — | $1.6M | 4.0% | |
| American Funds New Perspective Mutual Funds NR | — | — | — | $1.6M | 3.9% | |
| Vanguard Total Bond Market Index Fund Admiral Mutual Fund NR | — | — | — | $1.2M | 3.0% | |
| Macquarie Mid Cap Growth Mutual Funds NR | — | — | — | $1.1M | 2.8% | |
| Vanguard Mid-Cap Index Fund Admiral Mutual Fund NR | — | — | — | $1.1M | 2.7% | |
| American Funds 2030 Target Date Retirement Mutual Funds NR | — | — | — | $1.0M | 2.5% | |
| Invesco Core Plus Bond Mutual Funds NR | — | — | — | $1.0M | 2.5% | |
| Fidelity Select Technology Portfolio Mutual Funds NR | — | — | — | $874K | 2.2% | |
| JPMorgan Equity Income Mutual Funds NR | — | — | — | $850K | 2.1% | |
| T. Rowe Price U.S. High Yield Mutual Funds NR | — | — | — | $838K | 2.1% | |
| American Funds 2025 Target Date Retirement Mutual Funds NR | — | — | — | $717K | 1.8% | |
| Vanguard Inflation-Protected Securities Fund Admiral Mutual Fund NR | — | — | — | $665K | 1.7% | |
| JPMorgan Large Cap Growth Mutual Funds NR | — | — | — | $653K | 1.6% | |
| Victory Sycamore Established Value Mutual Fund NR | — | — | — | $648K | 1.6% | |
| Cohen & Steers Real Estate Securities Fund Mutual Funds NR | — | — | — | $645K | 1.6% | |
| American Funds New World Mutual Funds NR | — | — | — | $632K | 1.6% | |
| Guaranteed Investment * Key Guaranteed Portfolio Contract, at contract value NR | — | — | — | $597K | 1.5% | |
| American Funds 2045 Target Date Retirement Mutual Funds NR | — | — | — | $597K | 1.5% | |
| T. Rowe Price Capital Appreciation Mutual Funds NR | — | — | — | $501K | 1.2% | |
| American Funds 2040 Target Date Retirement Mutual Funds NR | — | — | — | $476K | 1.2% | |
| American Funds 2020 Target Date Retirement Mutual Funds NR | — | — | — | $424K | 1.1% | |
| PGIM Jennison International Opportunities Mutual Funds NR | — | — | — | $340K | 0.8% | |
| American Funds 2060 Target Date Retirement Mutual Funds NR | — | — | — | $280K | 0.7% | |
| American Funds 2010 Target Date Retirement Mutual Funds NR | — | — | — | $188K | 0.5% | |
| Franklin Small Cap Value Mutual Funds NR | — | — | — | $127K | 0.3% | |
| Various, bearing interest * Participant loans from 4.25%-9.50% - | — | — | — | $119K | 0.3% | |
| AB Small Cap Growth Portfolio Mutual Funds NR | — | — | — | $50K | 0.1% | |
| American Funds The Bond Fund of America Mutual Funds NR | — | — | — | $45K | 0.1% | |
| American Funds 2015 Target Date Retirement Mutual Funds NR | — | — | — | $27K | <0.1% | |
| Vanguard Materials Index Fund Admiral Mutual Fund NR | — | — | — | $22K | <0.1% | |
| Vanguard Energy Index Fund Admiral Mutual Fund NR | — | — | — | $18K | <0.1% |
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