Plan Ledger DOL Form 5500 · updated monthly

Bonaventure Property Management Services, LLC401(k)

BONAVENTURE PROPERTY MANAGEMENT SERVICES, LLC RSP · ALEXANDRIA, VA · plan year 2023

Reported admin expense ratio · 2023
0.02%

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

Bonaventure Property Management Services, LLC reported $1,856 in plan administrative expenses for 2023: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,186 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 1 year on file its reported administrative ratio fell from 0.82% to 0.02%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Virginia (1,506th of 2,266), and 1,150th of 2,096 in real estate & leasing. In 2023, employees put in $2.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,335,626
Participants with balances356
Active participants296
Employer contributions$647,168
Employee contributions$1,689,245
Employer contribution per active participant$2,186
Average account balance$26,224
Benefits paid to participants$784,769
Plan auditUnmodified (clean) audit opinion
AuditorMEADOWS URQUHART ACREE & COOK, LLP
Plan history2
Yearassets · accounts · employer contribution
2023$9.3M · 356 accts · $647K emplr
2022$6.0M · 350 accts · $597K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$1,856
Total administrative$1,856
The Bonaventure Property Management Services, LLC 401(k) match · 2023
Employer contribution per active participant$2,186
Median for plans this size$1,308
2023$2,186 per active participant
2022$1,696 per active participant

Bonaventure Property Management Services, LLC's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2023$1,856 · 0.02%
2022$47,776 · 0.82%
Same employer
Similar plansReal Estate & Leasing · Virginia
The Breeden Company, Inc. VA$12.2M · 0.48%
Rw Towne Realty LLC VA$12.2M · 0.42%
The Building People, LLC VA$11.9M · 0.92%
Nm Management, Inc. VA$8.5M · 0.75%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 541971779 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.