Plan Ledger DOL Form 5500 · updated monthly

Capital Properties Services, LLC401(k)

CAPITAL PROPERTIES SERVICES, LLC 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.62%

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

Capital Properties Services, LLC reported $119,820 in plan administrative expenses for 2024: 0.62% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,165 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 0.74% to 0.62%. 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 2,559th-largest of 5,648 plans among New York employers on file, and the 682nd of 2,096 in real estate & leasing. In 2024, employees put in $2.49 for every $1.00 the employer contributed; active participation has shrunk from 293 to 218 since 2022.

Plan summary
Net assets, end of year$19,602,022
Participants with balances500
Active participants218
Employer contributions$471,969
Employee contributions$1,176,297
Employer contribution per active participant$2,165
Average account balance$39,204
Benefits paid to participants$3,996,334
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.6M · 500 accts · $472K emplr
2023$19.3M · 551 accts · $543K emplr
2022$17.6M · 515 accts · $481K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$51,903
Investment management$42,917
Audit (IQPA)$25,000
Total administrative$119,820
The Capital Properties Services, LLC 401(k) match · 2024
Employer contribution per active participant$2,165
Median for plans this size$2,416
2024$2,165 per active participant
2023$1,355 per active participant
2022$1,643 per active participant

Capital Properties Services, LLC's 2024 employer contribution ran below the $2,416 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$51,903
CBIZ INVESTMENT ADVISORY SERVICES, · Investment advisory (plan)$42,917
CITRIN COOPERMAN & COMPANY LLP · Accounting / audit$25,000

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$119,820 · 0.62%
2023$100,254 · 0.54%
2022$140,796 · 0.74%
Same employer
Similar plansReal Estate & Leasing · New York
Dreamscape Companies LLC NY$20.7M · 0.00%
Rd Management, LLC NY$20.7M · 0.26%
Riverbay Corporation NY$19.9M · 0.17%
S.W. Management LLC NY$19.5M · 0.05%
Tri City Rentals LLC NY$19.1M · 0.03%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 201608689 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.