Plan Ledger DOL Form 5500 · updated monthly

Empire Southwest LLC401(k)

EMPIRE RETIREMENT SAVINGS PLAN · MESA, AZ · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Empire Southwest LLC reported $436,281 in plan administrative expenses for 2024: 0.10% of average plan assets, above the peer median. Employer contributions averaged $2,813 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 0.11% to 0.10%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 33rd-largest of 1,285 plans among Arizona employers on file, and the 25th of 2,096 in real estate & leasing. In 2024, employees put in $2.85 for every $1.00 the employer contributed; active participation has grown from 2,526 to 4,178 since 2022.

Plan summary
Net assets, end of year$487,337,233
Participants with balances4,858
Active participants4,178
Employer contributions$11,753,431
Employee contributions$33,482,078
Employer contribution per active participant$2,813
Average account balance$100,316
Benefits paid to participants$37,691,920
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$487.3M · 4,858 accts · $11.8M emplr
2023$416.8M · 4,887 accts · $8.3M emplr
2022$254.5M · 2,944 accts · $6.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$356,864
Audit (IQPA)$79,417
Total administrative$436,281
The Empire Southwest LLC 401(k) match · 2024
Employer contribution per active participant$2,813
Median for plans this size$4,294
2024$2,813 per active participant
2023$1,931 per active participant
2022$2,449 per active participant

Empire Southwest LLC's 2024 employer contribution ran below the $4,294 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 · 20245
ONEAMERICA RETIREMENT SERVICES LLC · Recordkeeping · Loan processing$356,864
MERRILL LYNCH · Investment advisory (plan)$54,231
CLIFTONLARSONALLEN LLP · Accounting / audit$14,999
GLOBAL RETIREMENT PARTNERS, LLC · Investment advisory (plan)$8,315
MATRIX TRUST COMPANY · Custodial (securities) · Trusteeindirect comp

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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Administrative cost history3
2024$436,281 · 0.10%
2023$362,568 · 0.11%
2022$307,719 · 0.11%
Same employer
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U-Haul Holding Company AZ$618.5M · 0.00%
Irvine Management Company CA$584.4M · 0.04%
American Tower Corporation MA$522.8M · 0.04%
Herc Rentals, Inc. FL$487.5M · 0.02%
Encore Group (USA), LLC IL$453.2M · 0.19%
Airbus Americas, Inc. VA$443.5M · 0.04%
Avalonbay Communities, Inc. VA$442.9M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860894087 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.