Plan Ledger DOL Form 5500 · updated monthly

Ares Holding Corporation401(k)

ARES HOLDING CORPORATION 401(K) PLAN · BURLINGAME, CA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Ares Holding Corporation reported $99,434 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $1,103 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 3 years on file its reported administrative ratio has held roughly steady near 0.109%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,019th-largest of 9,483 plans among California employers on file, and the 1,536th of 11,654 in professional & technical services. In 2024, employees put in $7.61 for every $1.00 the employer contributed; active participation has grown from 401 to 563 since 2022.

Plan summary
Net assets, end of year$98,273,222
Participants with balances703
Active participants563
Employer contributions$620,945
Employee contributions$4,723,957
Employer contribution per active participant$1,103
Average account balance$139,791
Benefits paid to participants$7,972,598
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$98.3M · 703 accts · $621K emplr
2023$84.9M · 659 accts · $819K emplr
2022$70.3M · 585 accts · $842K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,589
Investment management$71,845
Total administrative$99,434
The Ares Holding Corporation 401(k) match · 2024
Employer contribution per active participant$1,103
Median for plans this size$3,635
2024$1,103 per active participant
2023$1,585 per active participant
2022$2,100 per active participant

Ares Holding Corporation'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 · 20243
WORLD INVESTMENT ADVISORS LLC · Investment advisory (plan)$58,905
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$27,589
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$12,940

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$99,434 · 0.11%
2023$92,250 · 0.12%
2022$91,247 · 0.11%
All plans at this employer2
ARES HOLDING CORPORATION 401(K) PLAN401(k)
ARES HOLDING CORPORATION EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansProfessional & Technical Services · California
Alibaba.com U.S. LLC CA$100.1M · 0.18%
Lytx, Inc. CA$99.8M
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Udemy Inc. CA$98.5M
Tapestry Solutions, Inc CA$98.0M · 0.24%
Upstart Network, Inc. CA$97.9M · 0.10%
Mka International, Inc. CA$97.6M · 0.15%
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Source: U.S. Department of Labor, Form 5500 series, EIN 450682771 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.