401(k) Β· DOL Form 5500 Β· 2023

American Public Education Retirement Plan

Data updated 2026-05-15

$259M
Total assets
5,728
Participants
96th
Percentile by assets
$45,266
Avg per participant

Sponsored by American Public Education Inc. Β· West Virginia Β· Educational Services

What the 2023 filing shows

American Public Education Retirement Plan holds $259M for 5,728 participants - about $45,266 per participant, in the top 5% of all filed plans by assets, up 20.7% over the 2023 plan year.

$259M
total plan assets (2023 EOY)
5,728
covered participants
96th
percentile by assets (of 126,618 plans)
$45,266
avg assets per participant
Industry
Educational Services

401(k) Β· DOL Form 5500 Β· 2023

What the Filing Says About American Public Education Retirement Plan

American Public Education Retirement Plan is a 401(k) retirement plan sponsored by American Public Education Inc., headquartered in West Virginia. According to the U.S. Department of Labor's 2023 Form 5500 filing, the plan reports $259M in total end-of-year assets and covers 5,728 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 010724376, and the plan has been effective since 2002-04-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets grew sharply from $215M at the beginning of 2023 to $259M at year-end - up 20.7%. Net assets (after liabilities) closed the year at $259M, with reported net income of $44M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Across the 3 plan years American Public Education Inc. has on file with PlainRetire (2022-2024), sponsor-wide plan assets have moved from $215M to $303M, a gain of 41.1%, while reported participants moved from 2,951 to 5,717 (+93.7%). The strongest year on file by total sponsor assets was 2024 at $303M; the softest was 2022 at $215M. Year-by-year, sponsor-wide filings show: 2022 - $215M in assets across 1 plan covering 2,951 participants; 2023 - $259M in assets across 1 plan covering 5,728 participants; 2024 - $303M in assets across 1 plan covering 5,717 participants.

By assets, American Public Education Retirement Plan outranks 96% of the 126,618 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 2.6x the national average plan size of $100M and 730 average participants.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

How the percentile is calculated: we count every plan that filed a 2023 Form 5500 with a reported end-of-year asset figure (126,618 plans), rank American Public Education Retirement Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.

Financial Summary (2023)

Total Assets (Beginning of Year)$215M
Total Assets (End of Year)$259M
Net Assets (End of Year)$259M
Net Income$44M
Plan Type401(k)
Employer EIN010724376
Plan Effective Date2002-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (American Public Education Inc.)

Year Plans Participants Total Assets
2022 1 2,951 $215M
2023 1 5,728 $259M
2024 1 5,717 $303M

Nearby 401(k) Plans in West Virginia

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Frequently Asked Questions

How much money is in the American Public Education Retirement Plan?
As of the 2023 Form 5500 filing, American Public Education Retirement Plan holds $259M in total assets with 5,728 participants. It is sponsored by American Public Education Inc..
What type of plan is American Public Education Retirement Plan?
American Public Education Retirement Plan is a 401(k) plan. It has been effective since 2002-04-01. The plan is filed with the U.S. Department of Labor under EIN 010724376.
Who sponsors the American Public Education Retirement Plan?
American Public Education Retirement Plan is sponsored by American Public Education Inc., located in West Virginia. The sponsor's EIN is 010724376 and the plan operates in the Educational Services industry.
How did American Public Education Retirement Plan perform in 2023?
American Public Education Retirement Plan grew sharply - up 20.7% during 2023, moving from $215M to $259M in total assets. Net income was $44M.

What this filing means

Ways to act on American Public Education Retirement Plan's numbers.

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 010724376.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.

Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.