Plan Ledger DOL Form 5500 · updated monthly

Altman Management Company, LLC401(k)

ALTMAN MANAGEMENT COMPANY, LLC 401(K) PLAN · FORT WASHINGTON, PA · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Altman Management Company, LLC reported $375 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $574 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 0.005% to 0.003%. 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 Pennsylvania (2,082nd of 3,651), and the 976th of 2,096 in real estate & leasing. In 2024, employees put in $3.61 for every $1.00 the employer contributed; active participation has grown from 268 to 338 since 2022.

Plan summary
Net assets, end of year$12,255,548
Participants with balances184
Active participants338
Employer contributions$193,999
Employee contributions$701,301
Employer contribution per active participant$574
Average account balance$66,606
Benefits paid to participants$1,153,737
Plan auditUnmodified (clean) audit opinion
AuditorCLIFTON LARSEN ALLEN LLP
Plan history3
Yearassets · accounts · employer contribution
2024$12.3M · 184 accts · $194K emplr
2023$11.1M · 179 accts · $176K emplr
2022$9.6M · 185 accts · $153K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$375
Total administrative$375
The Altman Management Company, LLC 401(k) match · 2024
Employer contribution per active participant$574
Median for plans this size$2,416
2024$574 per active participant
2023$652 per active participant
2022$570 per active participant

Altman Management Company, LLC'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 · 20242
LPL FINANCIAL LLCindirect comp

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$375 · 0.00%
2023$635 · 0.01%
2022$525 · 0.00%
Same employer
Similar plansReal Estate & Leasing · Pennsylvania
Nappen & Associates PA$12.2M · 0.51%
Gmh Associates, Inc. PA$12.0M · 0.79%
The Buncher Company PA$11.7M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232764184 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.