Plan Ledger DOL Form 5500 · updated monthly

Billingsley Property Services II, Inc.401(k)

BILLINGSLEY COMPANY EMPLOYEE SAVINGS PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Billingsley Property Services II, Inc. reported $89,421 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $2,490 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 fell from 0.39% to 0.37%. 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 1,676th-largest of 5,688 plans among Texas employers on file, and the 511th of 2,096 in real estate & leasing. In 2024, employees put in $2.13 for every $1.00 the employer contributed; active participation has grown from 274 to 317 since 2022.

Plan summary
Net assets, end of year$26,578,681
Participants with balances349
Active participants317
Employer contributions$789,396
Employee contributions$1,681,581
Employer contribution per active participant$2,490
Average account balance$76,157
Benefits paid to participants$1,146,039
Plan auditUnmodified (clean) audit opinion
AuditorTURNER, STONE & COMPANY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$26.6M · 349 accts · $789K emplr
2023$21.8M · 416 accts · $694K emplr
2022$17.9M · 312 accts · $581K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$65,421
Investment management$24,000
Total administrative$89,421
The Billingsley Property Services II, Inc. 401(k) match · 2024
Employer contribution per active participant$2,490
Median for plans this size$2,416
2024$2,490 per active participant
2023$2,453 per active participant
2022$2,120 per active participant

Billingsley Property Services II, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20242
LINCOLN NATIONAL CORPORATION · Contract administrator$65,421
HR INVESTMENT CONSULTANTS · Investment advisory (plan)$24,000

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$89,421 · 0.37%
2023$55,798 · 0.28%
2022$75,528 · 0.39%
Same employer
Similar plansReal Estate & Leasing · Texas
Realmanage, LLC TX$29.7M · 0.97%
Camillo Properties, LTD TX$24.5M · 0.31%
Norwood Management, Inc. TX$23.5M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760778768 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.