Plan Ledger DOL Form 5500 · updated monthly

Dawn Homes Management LLC401(k)

DAWN HOMES MANAGEMENT LLC 401(K) PROFIT SHARING PLAN AND TRUST · ALBANY, NY · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Dawn Homes Management LLC reported $12,242 in plan administrative expenses for 2024: 0.15% of average plan assets, lower than ~75% of peers. Employer contributions averaged $781 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 0.14% to 0.15%. 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 New York (3,824th of 5,648), and 1,211th of 2,096 in real estate & leasing. In 2024, employees put in $2.67 for every $1.00 the employer contributed; active participation has grown from 207 to 258 since 2022.

Plan summary
Net assets, end of year$8,592,142
Participants with balances129
Active participants258
Employer contributions$201,554
Employee contributions$538,216
Employer contribution per active participant$781
Average account balance$66,606
Benefits paid to participants$521,135
Plan auditUnmodified (clean) audit opinion
AuditorTEAL BECKER AND CHIARAMONTE CPAS PC
Plan history3
Yearassets · accounts · employer contribution
2024$8.6M · 129 accts · $202K emplr
2023$7.3M · 126 accts · $201K emplr
2022$5.6M · 122 accts · $187K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,242
Total administrative$12,242
The Dawn Homes Management LLC 401(k) match · 2024
Employer contribution per active participant$781
Median for plans this size$1,313
2024$781 per active participant
2023$942 per active participant
2022$901 per active participant

Dawn Homes Management LLC's 2024 employer contribution ran below 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$12,242

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$12,242 · 0.15%
2023$11,819 · 0.18%
2022$8,658 · 0.14%
Similar plansReal Estate & Leasing · New York
Tvr Communications LLC NY$8.9M · 0.56%
Smg Services, LLC NY$8.7M · 0.36%
Unmb Home Loans Inc. NY$8.4M · 0.90%
The Cabot Group As Agent NY$8.3M · 0.43%
Home Leasing, LLC NY$8.0M · 1.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223771360 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.