Plan Ledger DOL Form 5500 · updated monthly

Bp Management, L.P.401(k)

BOSTON PROPERTIES RETIREMENT SAVINGS PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Bp Management, L.P. reported $285,952 in plan administrative expenses for 2024: 0.10% of average plan assets, above the peer median. Employer contributions averaged $8,043 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 0.09% to 0.10%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 182nd-largest of 2,726 plans among Massachusetts employers on file, and the 38th of 2,096 in real estate & leasing. In 2024, employees put in $1.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$291,997,924
Participants with balances1,115
Active participants717
Employer contributions$5,766,682
Employee contributions$9,081,711
Employer contribution per active participant$8,043
Average account balance$261,882
Benefits paid to participants$26,402,003
Plan auditUnmodified (clean) audit opinion
AuditorPFK JND, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$292.0M · 1,115 accts · $5.8M emplr
2023$269.9M · 1,109 accts · $5.6M emplr
2022$229.2M · 1,049 accts · $4.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$68,615
Investment management$96,723
Audit (IQPA)$21,177
Total administrative$285,952
The Bp Management, L.P. 401(k) match · 2024
Employer contribution per active participant$8,043
Median for plans this size$4,294
2024$8,043 per active participant
2023$7,768 per active participant
2022$6,669 per active participant

Bp Management, L.P.'s 2024 employer contribution ran above the $4,294 median for plans its size, placing it in the top 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
T ROWE PRICE RPS INC · Recordkeeping · Trustee$68,615
CAPFINANCIAL PARTNERS LLC · Investment advisory (plan)$96,723
PKF · Accounting / audit$21,177

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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Administrative cost history3
2024$285,952 · 0.10%
2023$238,469 · 0.10%
2022$232,185 · 0.09%
Same employer
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American Tower Corporation MA$522.8M · 0.04%
Equity Residential IL$326.5M · 0.04%
Rpc, Inc. FL$326.1M · 0.09%
Digital Realty Trust, L.P. TX$301.4M · 0.02%
Lpc Services, Inc. TX$298.1M · 0.15%
Newmark Group, Inc. NY$284.8M · 0.19%
Wheels, LLC IL$269.5M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043377269 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.