Plan Ledger DOL Form 5500 · updated monthly

Ff Properties LP401(k)

FAIRFIELD 401K PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Ff Properties LP reported $321,334 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $2,066 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 has held roughly steady near 0.21%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 658th-largest of 9,483 plans among California employers on file, and the 74th of 2,096 in real estate & leasing. In 2024, employees put in $3.65 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$162,308,592
Participants with balances2,004
Active participants1,419
Employer contributions$2,932,266
Employee contributions$10,706,478
Employer contribution per active participant$2,066
Average account balance$80,992
Benefits paid to participants$16,922,925
Plan auditUnmodified (clean) audit opinion
AuditorLAVINE, LOFGREN, MORRIS & ENGEL
Plan history3
Yearassets · accounts · employer contribution
2024$162.3M · 2,004 accts · $2.9M emplr
2023$145.1M · 2,027 accts · $2.8M emplr
2022$120.2M · 1,903 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$215,201
Investment management$40,000
Audit (IQPA)$26,900
Total administrative$321,334
The Ff Properties LP 401(k) match · 2024
Employer contribution per active participant$2,066
Median for plans this size$3,635
2024$2,066 per active participant
2023$2,033 per active participant
2022$1,912 per active participant

Ff Properties LP's 2024 employer contribution ran below the $3,635 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 · 20243
NFP RETIREMENT INC · Investment advisory (plan)$40,000
LAVINE LOFGREN MORRIS & ENGELBERG L · Accounting / audit$26,900

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$321,334 · 0.21%
2023$248,177 · 0.19%
2022$258,094 · 0.20%
Same employer
Similar plansReal Estate & Leasing · California
Westfield, LLC CA$230.2M
Public Storage CA$221.9M · 0.09%
McGrath Rentcorp CA$147.9M · 0.08%
Essex Portfolio L.P. CA$138.2M · 0.21%
Cim Group, L.P. CA$135.3M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330775355 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.