Plan Ledger DOL Form 5500 · updated monthly

Belmont Village, L.P.401(k)

BELMONT VILLAGE, L.P. 401(K) SAVINGS PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Belmont Village, L.P. reported $179,442 in plan administrative expenses for 2024: 0.32% of average plan assets, higher than ~75% of peers. Employer contributions averaged $618 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 0.13% to 0.32%. 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 941st-largest of 5,688 plans among Texas employers on file, and the 241st of 2,096 in real estate & leasing. In 2024, employees put in $2.87 for every $1.00 the employer contributed; active participation has grown from 2,216 to 2,688 since 2022.

Plan summary
Net assets, end of year$59,242,891
Participants with balances1,253
Active participants2,688
Employer contributions$1,661,936
Employee contributions$4,773,685
Employer contribution per active participant$618
Average account balance$47,281
Benefits paid to participants$5,390,621
Plan auditUnmodified (clean) audit opinion
AuditorCROWE
Plan history3
Yearassets · accounts · employer contribution
2024$59.2M · 1,253 accts · $1.7M emplr
2023$51.8M · 1,173 accts · $1.4M emplr
2022$44.3M · 1,112 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$104,847
Investment management$50,445
Audit (IQPA)$24,150
Total administrative$179,442
The Belmont Village, L.P. 401(k) match · 2024
Employer contribution per active participant$618
Median for plans this size$3,635
2024$618 per active participant
2023$586 per active participant
2022$627 per active participant

Belmont Village, L.P.'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 · 20243
EMPOWER ADVISORY GROUP, LLC · Investment management$50,445
CROWE LLP · Accounting / audit$24,150

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$179,442 · 0.32%
2023$65,259 · 0.14%
2022$64,003 · 0.13%
Same employer
Similar plansReal Estate & Leasing · Texas
Rpm Living, LLC TX$64.4M · 0.80%
Rockpoint Management, LLC TX$60.8M · 0.02%
Versabar, Incorporated TX$53.9M · 0.18%
Cws Capital Partners LLC TX$48.9M · 0.40%
Pritchard & Abbott, Inc. TX$48.8M · 0.23%
L & B Realty Advisors, LLP TX$40.9M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742868232 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.