Plan Ledger DOL Form 5500 · updated monthly

Ace Parking Management, Inc.401(k)

ACE PARKING MANAGEMENT, INC. 401(K) SAVINGS PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
1.05%

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

Ace Parking Management, Inc. reported $270,886 in plan administrative expenses for 2024: 1.05% of average plan assets, higher than ~90% of peers. Employer contributions averaged $0 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 2 years on file its reported administrative ratio fell from 1.53% to 1.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 2,814th-largest of 9,483 plans among California employers on file, and the 773rd of 3,341 in other services.

Plan summary
Net assets, end of year$28,197,762
Participants with balances3,700
Active participants3,893
Employer contributions$0
Employee contributions$4,749,047
Employer contribution per active participant$0
Average account balance$7,621
Benefits paid to participants$3,335,976
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.2M · 3,700 accts
2023$23.4M · 3,371 accts
2022$18.1M · 3,048 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$231,226
Investment management$35,660
Audit (IQPA)$4,000
Total administrative$270,886
The Ace Parking Management, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Ace Parking Management, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$231,226
USI ADVISORS INC · Investment advisory (plan)$29,942
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$5,718

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$270,886 · 1.05%
2023$219,188 · 1.06%
2022$285,997 · 1.53%
Same employer
Similar plansOther Services · California
Los Angeles Lgbt Center CA$28.8M · 0.06%
Conrad N. Hilton Foundation CA$28.6M · 0.08%
Links Healthcare Group LLC CA$27.3M · 0.80%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953131447 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.