Plan Ledger DOL Form 5500 · updated monthly

Aronov Realty Management, Inc.401(k)

ARONOV 401(K) PLAN · MONTGOMERY, AL · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Aronov Realty Management, Inc. reported $50,740 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $695 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 0.338%. 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 353rd-largest of 902 plans among Alabama employers on file, and the 817th of 2,096 in real estate & leasing. In 2024, employees put in $6.98 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,754,385
Participants with balances169
Active participants113
Employer contributions$78,572
Employee contributions$548,123
Employer contribution per active participant$695
Average account balance$93,221
Benefits paid to participants$967,899
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.8M · 169 accts · $79K emplr
2023$14.3M · 164 accts · $63K emplr
2022$12.9M · 172 accts · $60K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,586
Investment management$37,154
Total administrative$50,740
The Aronov Realty Management, Inc. 401(k) match · 2024
Employer contribution per active participant$695
Median for plans this size$2,416
2024$695 per active participant
2023$565 per active participant
2022$521 per active participant

Aronov Realty Management, 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
DIVERSIFIED GLOBAL INVESTMENT · Investment advisory (plan)$37,154

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$50,740 · 0.34%
2023$45,509 · 0.34%
2022$49,704 · 0.34%
Same employer
Similar plansReal Estate & Leasing · Alabama
The Barber Companies, Inc. AL$22.2M · 0.31%
Arlington Properties, Inc. AL$17.1M · 0.66%
Craneworks, Inc. AL$12.1M · 0.63%
Metro Mini Storage AL$8.6M · 0.52%
Crowne Partners, Inc. AL$6.5M · 0.32%
Bayer Properties, L.L.C. AL$6.2M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 631079912 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.