Plan Ledger DOL Form 5500 · updated monthly

Carr Properties Services Subsidiary Corporation401(k)

CARR PROPERTIES 401(K) RETIREMENT PLAN · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Carr Properties Services Subsidiary Corporation reported $98,806 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,083 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 0.39% to 0.51%. 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 among the smaller plans on file in District of Columbia (327th of 618), and the 630th of 2,096 in real estate & leasing. In 2024, employees put in $2.06 for every $1.00 the employer contributed; active participation has shrunk from 140 to 126 since 2022.

Plan summary
Net assets, end of year$21,369,164
Participants with balances193
Active participants126
Employer contributions$640,480
Employee contributions$1,318,211
Employer contribution per active participant$5,083
Average account balance$110,721
Benefits paid to participants$1,459,527
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.4M · 193 accts · $640K emplr
2023$17.8M · 200 accts · $634K emplr
2022$15.8M · 198 accts · $598K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,269
Total administrative$98,806
The Carr Properties Services Subsidiary Corporation 401(k) match · 2024
Employer contribution per active participant$5,083
Median for plans this size$2,416
2024$5,083 per active participant
2023$4,496 per active participant
2022$4,273 per active participant

Carr Properties Services Subsidiary Corporation's 2024 employer contribution ran above the $2,416 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
MERRILL LYNCH · Investment advisory (participants)$52,537
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$46,269

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$98,806 · 0.51%
2023$71,692 · 0.43%
2022$66,885 · 0.39%
Same employer
Similar plansReal Estate & Leasing · District of Columbia
Rga, Inc. DC$29.1M · 0.38%
Rise Companies Corp. DC$26.6M · 0.72%
Cresa Global, Inc. DC$24.9M · 0.63%
Cloudhq LLC DC$16.1M · 0.27%
The Oliver Carr Company DC$12.6M · 0.27%
Streetsense, LLC DC$9.8M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202552269 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.