Plan Ledger DOL Form 5500 · updated monthly

Ascent Residential, L.L.C.401(k)

ASCENT RESIDENTIAL, L. L. C. 401(K) PLAN · MONTGOMERY, AL · plan year 2024

Reported admin expense ratio · 2024
0.99%

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

Ascent Residential, L.L.C. reported $33,429 in plan administrative expenses for 2024: 0.99% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,403 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 0.90% to 0.99%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Alabama (708th of 902), and 1,686th of 2,096 in real estate & leasing. In 2024, employees put in $1.48 for every $1.00 the employer contributed; active participation has grown from 93 to 120 since 2022.

Plan summary
Net assets, end of year$3,530,854
Participants with balances148
Active participants120
Employer contributions$168,382
Employee contributions$248,631
Employer contribution per active participant$1,403
Average account balance$23,857
Benefits paid to participants$417,334
Plan auditUnmodified (clean) audit opinion
AuditorHORTON LEE BURNETT
Plan history3
Yearassets · accounts · employer contribution
2024$3.5M · 148 accts · $168K emplr
2023$3.2M · 165 accts · $159K emplr
2022$2.6M · 165 accts · $159K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,841
Investment management$11,588
Total administrative$33,429
The Ascent Residential, L.L.C. 401(k) match · 2024
Employer contribution per active participant$1,403
Median for plans this size$1,313
2024$1,403 per active participant
2023$908 per active participant
2022$1,714 per active participant

Ascent Residential, L.L.C.'s 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$2,384

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$33,429 · 0.99%
2023$27,683 · 0.95%
2022$25,732 · 0.90%
Same employer
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Jcj-Raleigh, LLC AL$5.2M · 1.28%
South Oak Title HR LLC AL$5.0M · 0.10%
Caliza LLC AL$3.9M · 0.15%
Bell Media, LLC AL$2.4M · 0.76%
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Dalcor Management, Inc. AL$1.1M · 1.37%
Sky Dreams, LLC AL$476K · 1.87%

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Source: U.S. Department of Labor, Form 5500 series, EIN 812248557 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.