Plan Ledger DOL Form 5500 · updated monthly

Buckingham Property Management401(k)

BUCKINGHAM PROPERTY MANAGEMENT 401(K) PLAN · CLOVIS, CA · plan year 2024

Reported admin expense ratio · 2024
1.04%

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

Buckingham Property Management reported $99,180 in plan administrative expenses for 2024: 1.04% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,940 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 fell from 1.17% to 1.04%. 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 (5,353rd of 9,483), and 1,092nd of 2,096 in real estate & leasing. In 2024, employees put in $1.18 for every $1.00 the employer contributed; active participation has shrunk from 253 to 216 since 2022.

Plan summary
Net assets, end of year$10,355,415
Participants with balances305
Active participants216
Employer contributions$634,981
Employee contributions$750,877
Employer contribution per active participant$2,940
Average account balance$33,952
Benefits paid to participants$892,366
Plan auditUnmodified (clean) audit opinion
AuditorBOWMAN & COMPANY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$10.4M · 305 accts · $635K emplr
2023$8.8M · 278 accts · $580K emplr
2022$7.3M · 302 accts · $600K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$55,310
Investment management$43,870
Total administrative$99,180
The Buckingham Property Management 401(k) match · 2024
Employer contribution per active participant$2,940
Median for plans this size$1,313
2024$2,940 per active participant
2023$2,856 per active participant
2022$2,370 per active participant

Buckingham Property Management's 2024 employer contribution ran above the $1,313 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 · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$55,310
CAPFINANCIAL PARTNERS, LLC · Investment advisory (plan)$43,870

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

Recordkeeper by year2
2024The Standard
2023The Standard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$99,180 · 1.04%
2023$89,319 · 1.11%
2022$78,108 · 1.17%
Same employer
Similar plansReal Estate & Leasing · California
Point Digital Finance, Inc. CA$10.6M · 0.09%
Abode Communities CA$10.6M · 0.60%
Bender Rosenthal, Inc. CA$10.4M · 0.48%
Mynd Management, Inc. CA$10.3M · 0.14%
El Monte Rents, Inc. CA$10.2M · 0.51%
Zumper, Inc. CA$10.1M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942828492 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.