Plan Ledger DOL Form 5500 · updated monthly

Crescent Communities, LLC401(k)

CRESCENT COMMUNITIES, LLC RETIREMENT PLAN · CHARLOTTE, NC · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Crescent Communities, LLC reported $22,061 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,749 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 0.08% to 0.05%. 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 412th-largest of 2,005 plans among North Carolina employers on file, and the 320th of 2,096 in real estate & leasing. In 2024, employees put in $2.21 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$44,372,314
Participants with balances255
Active participants179
Employer contributions$1,208,122
Employee contributions$2,667,410
Employer contribution per active participant$6,749
Average account balance$174,009
Benefits paid to participants$4,170,699
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$44.4M · 255 accts · $1.2M emplr
2023$38.2M · 272 accts · $1.5M emplr
2022$29.8M · 270 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,061
Total administrative$22,061
The Crescent Communities, LLC 401(k) match · 2024
Employer contribution per active participant$6,749
Median for plans this size$2,416
2024$6,749 per active participant
2023$7,360 per active participant
2022$6,345 per active participant

Crescent Communities, LLC'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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$22,061

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$22,061 · 0.05%
2023$16,775 · 0.05%
2022$24,769 · 0.08%
Same employer
Similar plansReal Estate & Leasing · North Carolina
Quarterra Services, LLC NC$62.9M · 0.45%
Bell Partners Inc. NC$59.2M · 0.27%
Foundry Commercial, LLC NC$48.7M · 0.11%
Koury Corporation NC$28.4M · 0.08%
O.R. Colan Associates, LLC NC$27.6M · 0.38%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 824758086 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.