Plan Ledger DOL Form 5500 · updated monthly

Beacon Residential Management LP401(k)

BEACON RESIDENTIAL MANAGEMENT LP 401(K) RETIREMENT SAVINGS · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Beacon Residential Management LP reported $203,547 in plan administrative expenses for 2024: 0.31% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,045 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 0.25% to 0.31%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 547th-largest of 2,726 plans among Massachusetts employers on file, and the 191st of 2,096 in real estate & leasing. In 2024, employees put in $3.07 for every $1.00 the employer contributed; active participation has grown from 692 to 763 since 2022.

Plan summary
Net assets, end of year$69,773,014
Participants with balances1,039
Active participants763
Employer contributions$1,560,330
Employee contributions$4,787,106
Employer contribution per active participant$2,045
Average account balance$67,154
Benefits paid to participants$8,737,963
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$69.8M · 1,039 accts · $1.6M emplr
2023$62.5M · 1,004 accts · $1.6M emplr
2022$52.3M · 833 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$112,750
Investment management$80,797
Audit (IQPA)$10,000
Total administrative$203,547
The Beacon Residential Management LP 401(k) match · 2024
Employer contribution per active participant$2,045
Median for plans this size$3,635
2024$2,045 per active participant
2023$1,982 per active participant
2022$1,996 per active participant

Beacon Residential Management LP's 2024 employer contribution ran below the $3,635 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 · 20243
CAPFINANCIAL PARTNERS LLC DBA CAPTR · Investment advisory (plan)$80,797
COHNREZNICK LLP · Accounting / audit$10,000

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$203,547 · 0.31%
2023$183,061 · 0.32%
2022$137,437 · 0.25%
Same employer
Similar plansReal Estate & Leasing · Massachusetts
Bg-Ic, LLC MA$110.4M
Cummings Properties, LLC MA$94.5M · 0.06%
Ta Realty LLC MA$61.7M · 0.11%
Ws Asset Management, Inc. MA$54.4M · 0.27%
New England Business Trust MA$45.8M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043017184 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.