Plan Ledger DOL Form 5500 · updated monthly

Asbury Communities, Inc.401(k)

ASBURY COMMUNITIES, INC. 401(K) RETIREMENT SAVINGS PLAN · FREDERICK, MD · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Asbury Communities, Inc. reported $366,335 in plan administrative expenses for 2024: 0.41% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,365 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 0.09% to 0.41%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other other services employers. By assets it is the 188th-largest of 1,671 plans among Maryland employers on file, and the 219th of 3,341 in other services. In 2024, employees put in $2.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$91,985,850
Participants with balances2,679
Active participants2,150
Employer contributions$2,935,007
Employee contributions$6,862,277
Employer contribution per active participant$1,365
Average account balance$34,336
Benefits paid to participants$16,765,562
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$92.0M · 2,679 accts · $2.9M emplr
2023$88.4M · 2,843 accts · $3.5M emplr
2022$74.3M · 3,473 accts · $3.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$366,335
Total administrative$366,335
The Asbury Communities, Inc. 401(k) match · 2024
Employer contribution per active participant$1,365
Median for plans this size$3,635
2024$1,365 per active participant
2023$1,599 per active participant
2022$1,416 per active participant

Asbury Communities, Inc.'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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$366,335
CLIFTONLARSONALLEN LLP · Accounting / auditindirect comp
MORGAN STANLEY · Other servicesindirect comp
CREATIVE PLANNING · Consultingindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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$366,335 · 0.41%
2023$248,094 · 0.30%
2022$74,143 · 0.09%
Same employer
Similar plansOther Services · Maryland

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Source: U.S. Department of Labor, Form 5500 series, EIN 521862677 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.