Plan Ledger DOL Form 5500 · updated monthly

Boxer Property Management Corporation401(k)

BOXER PROPERTY 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Boxer Property Management Corporation reported $58,278 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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 0.48% to 0.53%. 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 2,803rd-largest of 5,688 plans among Texas employers on file, and the 994th of 2,096 in real estate & leasing. active participation has grown from 468 to 622 since 2022.

Plan summary
Net assets, end of year$11,880,866
Participants with balances581
Active participants622
Employer contributions$0
Employee contributions$1,332,073
Employer contribution per active participant$0
Average account balance$20,449
Benefits paid to participants$886,560
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.9M · 581 accts
2023$10.1M · 610 accts
2022$9.0M · 632 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$51,011
Investment management$7,267
Total administrative$58,278
The Boxer Property Management Corporation 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Boxer Property Management Corporation's 2024 employer contribution ran below the $2,416 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$7,267
MML INVESTORS SERVICES LLCindirect comp

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$58,278 · 0.53%
2023$51,173 · 0.54%
2022$45,180 · 0.48%
Same employer
Similar plansReal Estate & Leasing · Texas
Tarantino Properties Inc. TX$11.8M · 0.20%
Boxx Modular Holdings, Inc. TX$11.8M · 0.26%
Dmc-Management Co., LTD TX$11.5M · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752501156 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.