Plan Ledger DOL Form 5500 · updated monthly

Apt Management Group, Inc.401(k)

AMERICAN PROPERTIES TEAM, INC. 401(K) PLAN · WOBURN, MA · plan year 2022

Reported admin expense ratio · 2022
1.48%

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

Apt Management Group, Inc. reported $59,725 in plan administrative expenses for 2022: 1.48% of average plan assets, higher than ~90% of peers. Employer contributions averaged $780 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Massachusetts (2,434th of 2,726), and 1,680th of 2,096 in real estate & leasing. In 2022, employees put in $3.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,604,695
Participants with balances70
Active participants95
Employer contributions$74,056
Employee contributions$230,413
Employer contribution per active participant$780
Average account balance$51,496
Benefits paid to participants$492,439
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$59,725
Total administrative$59,725
The Apt Management Group, Inc. 401(k) match · 2022
Employer contribution per active participant$780
Median for plans this size$1,114

Apt Management Group, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$59,725 · 1.48%
Similar plansReal Estate & Leasing · Massachusetts
Rentex, Inc. MA$3.8M · 0.07%
Giri Hotel Management LLC MA$3.6M · 1.43%
Jenet Management, LLC MA$2.9M · 1.45%
Makor Management LLC MA$2.9M · 1.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042788441 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.