Plan Ledger DOL Form 5500 · updated monthly

Elm Street Development, Inc.401(k)

ELM STREET DEVELOPMENT, INC. 401(K) PROFIT SHARING PLAN · MCLEAN, VA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Elm Street Development, Inc. reported $62,935 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $2,374 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 0.14% to 0.13%. 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 487th-largest of 2,266 plans among Virginia employers on file, and the 283rd of 2,096 in real estate & leasing. In 2024, employees put in $2.51 for every $1.00 the employer contributed; active participation has grown from 188 to 227 since 2022.

Plan summary
Net assets, end of year$50,258,879
Participants with balances236
Active participants227
Employer contributions$538,811
Employee contributions$1,352,729
Employer contribution per active participant$2,374
Average account balance$212,961
Benefits paid to participants$3,619,876
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$50.3M · 236 accts · $539K emplr
2023$44.7M · 240 accts · $775K emplr
2022$39.2M · 219 accts · $751K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$55,003
Investment management$7,932
Total administrative$62,935
The Elm Street Development, Inc. 401(k) match · 2024
Employer contribution per active participant$2,374
Median for plans this size$2,416
2024$2,374 per active participant
2023$3,640 per active participant
2022$3,997 per active participant

Elm Street Development, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
NEWPORT GROUP, INC. · Claims processing · Recordkeeping$55,003
NEWPORT TRUST COMPANY · Trustee · Trustee (directed)$7,932

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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Administrative cost history3
2024$62,935 · 0.13%
2023$57,308 · 0.14%
2022$63,095 · 0.14%
Similar plansReal Estate & Leasing · Virginia
The Peterson Companies VA$62.0M · 0.27%
Harbor Group Management Co. VA$54.8M · 0.69%
Thalhimer, Inc. VA$54.0M · 0.22%
Kettler, Inc. VA$46.9M · 0.29%
The Hhhunt Corporation VA$46.7M · 0.37%
Drucker & Falk, Inc. VA$38.7M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541038839 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.