Plan Ledger DOL Form 5500 · updated monthly

Burbank Housing Management Corporation403(b)

BURBANK HOUSING MANAGEMENT CORPORATION TAX DEFERRED ANNUITY · SANTA ROSA, CA · plan year 2024

Reported admin expense ratio · 2024
0.77%

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

Burbank Housing Management Corporation reported $45,042 in plan administrative expenses for 2024: 0.77% of average plan assets, above the peer median. Employer contributions averaged $1,415 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.

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 (6,588th of 9,483), and 1,400th of 2,096 in real estate & leasing. In 2024, employees put in $1.65 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,231,120
Participants with balances187
Active participants186
Employer contributions$263,239
Employee contributions$433,751
Employer contribution per active participant$1,415
Average account balance$33,321
Benefits paid to participants$445,760
Plan auditUnmodified (clean) audit opinion
AuditorLINDQUIST VON HUSEN & JOYCE LLP
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,666
Investment management$26,376
Total administrative$45,042
Employer contributions to the Burbank Housing Management Corporation plan · 2024
Employer contribution per active participant$1,415
Median for plans this size$1,313

Burbank Housing Management Corporation's 2024 employer contribution ran above 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 · 20242
PCS RETIREMENT LLC · Recordkeeping$18,606
ABG CONSULTANTS · Investment advisory (plan)$26,374

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

Administrative cost history1
2024$45,042 · 0.77%
Similar plansReal Estate & Leasing · California
Dft Inc. CA$6.5M · 0.40%
Spruce Grove, Inc. CA$6.3M · 0.53%
Wsh Management Inc CA$6.1M · 0.66%
Solari Enterprises Inc. CA$6.1M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 680328717 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.