Plan Ledger DOL Form 5500 · updated monthly

Apartment Services, Inc.401(k)

APARTMENT SERVICES, INC. 401(K) SAVINGS AND RETIREMENT PLAN · HUNT VALLEY, MD · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Apartment Services, Inc. reported $75,375 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $607 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 0.54% to 0.42%. 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 the 699th-largest of 1,671 plans among Maryland employers on file, and the 728th of 2,096 in real estate & leasing. In 2024, employees put in $7.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,231,632
Participants with balances380
Active participants318
Employer contributions$193,134
Employee contributions$1,485,090
Employer contribution per active participant$607
Average account balance$47,978
Benefits paid to participants$3,216,882
Plan auditUnmodified (clean) audit opinion
AuditorGORFINE SCHILLER & GARDYN P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$18.2M · 380 accts · $193K emplr
2023$17.9M · 389 accts · $228K emplr
2022$15.1M · 368 accts · $214K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$75,375
Total administrative$75,375
The Apartment Services, Inc. 401(k) match · 2024
Employer contribution per active participant$607
Median for plans this size$2,416
2024$607 per active participant
2023$733 per active participant
2022$716 per active participant

Apartment Services, 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 · 20242
GREENSPRING ADVISORS, LLC · Recordkeeping · Trustee$41,002
ADP, INC. · Loan processing · Recordkeeping$19,468

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

Recordkeeper by year2
2024ADP, GREENSPRING ADVISORS, LLC
2023Vanguard

This plan has changed recordkeepers within these filings. If you left Apartment Services, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$75,375 · 0.42%
2023$117,461 · 0.71%
2022$89,704 · 0.54%
Same employer
Similar plansReal Estate & Leasing · Maryland
Dynasplint Systems, Inc. MD$21.0M · 0.24%
Mackenzie Ventures, LLC MD$20.3M · 0.37%
The Time Group, Inc. MD$18.6M · 0.21%
Grady Management, Inc. MD$18.1M · 0.43%
Hendersen-Webb Inc MD$17.1M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521723217 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.