Plan Ledger DOL Form 5500 · updated monthly

Abode Communities401(k)

ABODE COMMUNITIES 401(K) PROFIT SHARING PLAN AND TRUST · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.60%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Abode Communities reported $62,302 in plan administrative expenses for 2024: 0.60% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,474 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.60%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in California (5,295th of 9,483), and 1,074th of 2,096 in real estate & leasing. In 2024, employees put in $1.98 for every $1.00 the employer contributed; active participation has grown from 109 to 173 since 2022.

Plan summary
Net assets, end of year$10,613,364
Participants with balances173
Active participants173
Employer contributions$427,923
Employee contributions$846,056
Employer contribution per active participant$2,474
Average account balance$61,349
Benefits paid to participants$1,837,963
Plan auditUnmodified (clean) audit opinion
AuditorHOLTHOUSE CARLIN & VAN TRIGT
Plan history3
Yearassets · accounts · employer contribution
2024$10.6M · 173 accts · $428K emplr
2023$10.1M · 186 accts · $345K emplr
2022$8.3M · 152 accts · $331K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,933
Investment management$41,809
Total administrative$62,302
The Abode Communities 401(k) match · 2024
Employer contribution per active participant$2,474
Median for plans this size$2,416
2024$2,474 per active participant
2023$2,229 per active participant
2022$3,041 per active participant

Abode Communities's 2024 employer contribution ran above the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
MORGAN STANLEY · Investment advisory (plan)$41,809
NATIONAL BENEFIT SERVICES, LLC$1,560

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$62,302 · 0.60%
2023$38,818 · 0.42%
2022$49,953 · 0.57%
Same employer
Similar plansReal Estate & Leasing · California
Veritas Investments, Inc. CA$10.8M · 0.11%
Point Digital Finance, Inc. CA$10.6M · 0.09%
Bender Rosenthal, Inc. CA$10.4M · 0.48%
Mynd Management, Inc. CA$10.3M · 0.14%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 956377511 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.