Plan Ledger DOL Form 5500 · updated monthly

Dayrise Residential, LLC401(k)

DAYRISE RESIDENTIAL, LLC 401(K) RETIREMENT PLAN · HOUSTON, TX · plan year 2023

Reported admin expense ratio · 2023
0.21%

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

Dayrise Residential, LLC reported $4,400 in plan administrative expenses for 2023: 0.21% of average plan assets, below the peer median. Employer contributions averaged $173 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 0.29% to 0.24%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Texas (4,738th of 5,688), and 1,789th of 2,096 in real estate & leasing. In 2023, employees put in $7.46 for every $1.00 the employer contributed; active participation has shrunk from 481 to 404 since 2022.

Plan summary
Net assets, end of year$2,519,837
Participants with balances103
Active participants404
Employer contributions$69,764
Employee contributions$520,531
Employer contribution per active participant$173
Average account balance$24,464
Benefits paid to participants$174,766
Plan auditUnmodified (clean) audit opinion
AuditorWARADY & DAVIS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$2.5M · 96 accts · $57K emplr
2023$2.5M · 103 accts · $70K emplr
2022$1.7M · 106 accts · $64K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$4,400
Total administrative$4,400
The Dayrise Residential, LLC 401(k) match · 2023
Employer contribution per active participant$173
Median for plans this size$1,308
2024$165 per active participant
2023$173 per active participant
2022$132 per active participant

Dayrise Residential, LLC's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$5,950 · 0.24%
2023$4,400 · 0.21%
2022$4,450 · 0.29%
Same employer
Similar plansReal Estate & Leasing · Texas
Hilltop Residential LLC TX$2.7M · 2.63%
Tradition Management, LLC TX$2.6M · 0.48%
Frontline Anterra, LLC TX$2.0M · 1.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 275097029 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.