Plan Ledger DOL Form 5500 · updated monthly

Beacon Property Management,Llc.401(k)

BEACON RETIREMENT SAVINGS PLAN · LOUISVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Beacon Property Management,Llc. reported $25,361 in plan administrative expenses for 2024: 0.45% of average plan assets, below the peer median. Employer contributions averaged $2,343 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 1 year on file its reported administrative ratio rose from 0.39% to 0.45%. 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 Kentucky (588th of 871), and 1,385th of 2,096 in real estate & leasing. In 2024, employees put in $1.60 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,398,470
Participants with balances195
Active participants136
Employer contributions$318,673
Employee contributions$510,301
Employer contribution per active participant$2,343
Average account balance$32,813
Benefits paid to participants$151,374
Plan auditUnmodified (clean) audit opinion
AuditorRFH, PLLC
Plan history2
Yearassets · accounts · employer contribution
2024$6.4M · 195 accts · $319K emplr
2023$4.9M · 179 accts · $260K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,361
Total administrative$25,361
The Beacon Property Management,Llc. 401(k) match · 2024
Employer contribution per active participant$2,343
Median for plans this size$1,313
2024$2,343 per active participant
2023$1,733 per active participant

Beacon Property Management,Llc.'s 2024 employer contribution ran above the $1,313 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 · 20243
BENEFITS PLUS$2,642
KESTRA INVESTMENT SERVICES, LLCindirect comp
ASSUREDPARTNERS CAPITAL, INC.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 history2
2024$25,361 · 0.45%
2023$16,394 · 0.39%
Same employer
Similar plansReal Estate & Leasing · Kentucky
Nts Development Company KY$35.4M · 0.01%
Kona Ice, Inc KY$4.4M · 1.12%
Pmr Companies LLC KY$3.0M · 1.52%
Management Fc, LLC KY$2.2M · 0.69%
Envision Contractors, LLC KY$1.7M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611325973 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.