Plan Ledger DOL Form 5500 · updated monthly

Blvd Residential Inc.401(k)

BLVD RESIDENTIAL INC. 401(K) PLAN · MENLO PARK, CA · plan year 2024

Reported admin expense ratio · 2024
1.82%

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

Blvd Residential Inc. reported $39,454 in plan administrative expenses for 2024: 1.82% of average plan assets, higher than ~90% of peers. Employer contributions averaged $807 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 0.99% to 1.82%. 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 California (8,123rd of 9,483), and 1,804th of 2,096 in real estate & leasing. In 2024, employees put in $1.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,415,078
Participants with balances117
Active participants297
Employer contributions$239,578
Employee contributions$416,837
Employer contribution per active participant$807
Average account balance$20,642
Benefits paid to participants$287,004
Plan auditUnmodified (clean) audit opinion
AuditorMILLER KAPLAN
Plan history2
Yearassets · accounts · employer contribution
2024$2.4M · 117 accts · $240K emplr
2022$1.3M · 95 accts · $92K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,276
Investment management$18,178
Total administrative$39,454
The Blvd Residential Inc. 401(k) match · 2024
Employer contribution per active participant$807
Median for plans this size$1,313
2024$807 per active participant
2022$293 per active participant

Blvd Residential Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241
VESTWELL · Contract administrator · Investment advisory (plan)$21,276

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$39,454 · 1.82%
2022$11,461 · 0.99%
Same employer
Similar plansReal Estate & Leasing · California
Frontier Personnel, LLC CA$2.5M · 0.59%
Gsf Properties, Inc. CA$2.5M · 1.99%
Ironwood Country Club CA$2.4M · 0.10%
Labri Management, Inc. CA$2.3M · 0.97%
Better Place Forests Co. CA$2.3M · 1.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 275440947 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.