Plan Ledger DOL Form 5500 · updated monthly

Ashforth Properties Inc.401(k)

THE ASHFORTH COMPANY 401(K) SAVINGS PLAN · STAMFORD, CT · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Ashforth Properties Inc. reported $1,508 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,617 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 0.003% to 0.004%. 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 328th-largest of 1,106 plans among Connecticut employers on file, and the 325th of 2,096 in real estate & leasing. In 2024, employees put in $2.99 for every $1.00 the employer contributed; active participation has grown from 101 to 113 since 2022.

Plan summary
Net assets, end of year$43,331,606
Participants with balances141
Active participants113
Employer contributions$521,666
Employee contributions$1,559,952
Employer contribution per active participant$4,617
Average account balance$307,316
Benefits paid to participants$3,025,983
Plan auditUnmodified (clean) audit opinion
AuditorMAHONEY SABOL & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$43.3M · 141 accts · $522K emplr
2023$37.9M · 129 accts · $473K emplr
2022$33.2M · 130 accts · $407K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,508
Total administrative$1,508
The Ashforth Properties Inc. 401(k) match · 2024
Employer contribution per active participant$4,617
Median for plans this size$2,416
2024$4,617 per active participant
2023$4,637 per active participant
2022$4,025 per active participant

Ashforth Properties Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,506

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$1,508 · 0.00%
2023$1,169 · 0.00%
2022$1,075 · 0.00%
Same employer
Similar plansReal Estate & Leasing · Connecticut
Eagle Leasing Company CT$33.5M · 0.19%
Somerset Capital Group, LTD CT$23.8M · 0.18%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 060890423 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.