Plan Ledger DOL Form 5500 · updated monthly

Biltmore Properties, Inc.401(k)

BPI 401(K) PLAN · PHOENIX, AZ · plan year 2022

Reported admin expense ratio · 2022
1.19%

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

Biltmore Properties, Inc. reported $24,674 in plan administrative expenses for 2022: 1.19% of average plan assets, higher than ~90% of peers. Employer contributions averaged $847 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Arizona (1,057th of 1,285), and 1,849th of 2,096 in real estate & leasing. In 2022, employees put in $2.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,027,243
Participants with balances123
Active participants130
Employer contributions$110,105
Employee contributions$261,147
Employer contribution per active participant$847
Average account balance$16,482
Benefits paid to participants$96,229
Plan auditUnmodified (clean) audit opinion
AuditorMETZ & ASSOCIATES, PLLC
Plan history2
Yearassets · accounts · employer contribution
2023— · $88 emplr
2022$2.0M · 123 accts · $110K emplr
The Biltmore Properties, Inc. 401(k) match · 2022
Employer contribution per active participant$847
Median for plans this size$1,114

Biltmore Properties, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$24,674 · 1.19%
Similar plansReal Estate & Leasing · Arizona
Grayhawk Development AZ$2.4M · 0.29%
Pem Payroll, LLC AZ$1.1M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860324229 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.