Plan Ledger DOL Form 5500 · updated monthly

Extra Space Management, Inc.401(k)

EXTRA SPACE MANAGEMENT, INC. 401(K) PLAN · SALT LAKE CITY, UT · plan year 2025

Reported admin expense ratio · 2025
0.23%

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

Extra Space Management, Inc. reported $438,824 in plan administrative expenses for 2025: 0.23% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,048 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 3 years on file its reported administrative ratio fell from 0.35% to 0.23%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 35th-largest of 848 plans among Utah employers on file, and the 58th of 2,096 in real estate & leasing. In 2025, employees put in $2.19 for every $1.00 the employer contributed; active participation has grown from 4,176 to 8,566 since 2022.

Plan summary
Net assets, end of year$211,066,732
Participants with balances5,119
Active participants8,566
Employer contributions$8,975,093
Employee contributions$19,660,848
Employer contribution per active participant$1,048
Average account balance$41,232
Benefits paid to participants$16,567,744
Plan auditUnmodified (clean) audit opinion
AuditorTANNER LLP
Plan history4
Yearassets · accounts · employer contribution
2025$211.1M · 5,119 accts · $9.0M emplr
2024$168.4M · 4,415 accts · $8.1M emplr
2023$136.4M · 4,544 accts · $6.5M emplr
2022$94.3M · 3,039 accts · $5.1M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$373,824
Investment management$65,000
Total administrative$438,824
The Extra Space Management, Inc. 401(k) match · 2025
Employer contribution per active participant$1,048
Median for plans this size$4,093
2025$1,048 per active participant
2024$932 per active participant
2023$1,008 per active participant
2022$1,217 per active participant

Extra Space Management, Inc.'s 2025 employer contribution ran below the $4,093 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$375,611
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$65,000

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

Administrative cost history4
2025$438,824 · 0.23%
2024$396,952 · 0.26%
2023$300,191 · 0.26%
2022$348,502 · 0.35%
Same employer
Similar plansReal Estate & Leasing · Utah
Redfin Corporation WA$223.2M · 0.20%
Public Storage CA$221.9M · 0.09%
Aggreko, LLC TX$217.4M · 0.12%
The Taubman Company LLC MI$210.7M · 0.03%
Camden Development Inc. TX$195.4M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870405300 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.