Plan Ledger DOL Form 5500 · updated monthly

Capreit Operating Limited Partne401(k)

CAPREIT 401(K) PLAN · NORTH BETHESDA, MD · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Capreit Operating Limited Partne reported $95,411 in plan administrative expenses for 2024: 0.60% of average plan assets, higher than ~75% of peers. Employer contributions averaged $60 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 0.57% to 0.60%. 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 764th-largest of 1,671 plans among Maryland employers on file, and the 804th of 2,096 in real estate & leasing. In 2024, employees put in $91.56 for every $1.00 the employer contributed; active participation has shrunk from 349 to 267 since 2022.

Plan summary
Net assets, end of year$15,986,807
Participants with balances410
Active participants267
Employer contributions$16,085
Employee contributions$1,472,806
Employer contribution per active participant$60
Average account balance$38,992
Benefits paid to participants$3,217,737
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.0M · 410 accts · $16K emplr
2023$15.8M · 439 accts · $580K emplr
2022$14.3M · 485 accts · $647K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$70,394
Investment management$25,017
Total administrative$95,411
The Capreit Operating Limited Partne 401(k) match · 2024
Employer contribution per active participant$60
Median for plans this size$2,416
2024$60 per active participant
2023$1,860 per active participant
2022$1,853 per active participant

Capreit Operating Limited Partne'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
ADP, INC. · Loan processing · Recordkeeping$70,393
QP CONSULTING, LLC · Recordkeeping · Trustee$25,017
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, QP CONSULTING, LLC
2023ADP, QP CONSULTING, LLC

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

Administrative cost history3
2024$95,411 · 0.60%
2023$86,107 · 0.57%
2022$85,951 · 0.57%
Same employer
Similar plansReal Estate & Leasing · Maryland
Apartment Services, Inc. MD$18.2M · 0.42%
Grady Management, Inc. MD$18.1M · 0.43%
Hendersen-Webb Inc MD$17.1M · 0.12%
Polinger Company MD$15.9M · 0.46%
Field Payroll, LLC MD$12.5M · 1.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522064504 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.