Plan Ledger DOL Form 5500 · updated monthly

Apartment Income Reit Corp.401(k)

AIR 401(K) RETIREMENT PLAN · DENVER, CO · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Apartment Income Reit Corp. reported $76,873 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $1,543 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 rose from 0.06% to 0.07%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 119th-largest of 1,461 plans among Colorado employers on file, and the 109th of 2,096 in real estate & leasing. In 2024, employees put in $3.22 for every $1.00 the employer contributed; active participation has grown from 762 to 885 since 2022.

Plan summary
Net assets, end of year$113,811,887
Participants with balances1,400
Active participants885
Employer contributions$1,365,875
Employee contributions$4,401,643
Employer contribution per active participant$1,543
Average account balance$81,294
Benefits paid to participants$15,041,473
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$113.8M · 1,400 accts · $1.4M emplr
2023$104.8M · 1,415 accts · $1.3M emplr
2022$91.5M · 1,416 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,886
Investment management$50,987
Total administrative$76,873
The Apartment Income Reit Corp. 401(k) match · 2024
Employer contribution per active participant$1,543
Median for plans this size$3,635
2024$1,543 per active participant
2023$1,772 per active participant
2022$2,195 per active participant

Apartment Income Reit Corp.'s 2024 employer contribution ran below the $3,635 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 · 20245
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$25,885
COOK STREET CONSULTING · Investment advisory (plan)$25,000
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$22,387
CUSTOMIZED HR SOLUTIONS, LLC · Investment advisory (plan)$14,738
MORGAN STANLEY · Investment advisory (plan)$11,250

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$76,873 · 0.07%
2023$70,789 · 0.07%
2022$61,336 · 0.06%
Same employer
Similar plansReal Estate & Leasing · Colorado
Prologis, L.P. CO$589.4M · 0.04%
M.D.C. Holdings, Inc. CO$158.8M · 0.10%
Mercy Housing, Inc. CO$96.4M · 0.31%
Re/Max, LLC CO$76.4M · 0.19%
Simpson Housing Lllp CO$72.7M · 0.18%
Coresite, L.L.C. CO$61.6M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841299717 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.