Plan Ledger DOL Form 5500 · updated monthly

Grand Peaks Property Management, Inc.401(k)

GRAND PEAKS PROPERTY MANAGEMENT, INC. RETIREMENT PLAN · DENVER, CO · plan year 2024

Reported admin expense ratio · 2024
0.62%

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

Grand Peaks Property Management, Inc. reported $71,479 in plan administrative expenses for 2024: 0.62% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,620 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 0.615%. 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 697th-largest of 1,461 plans among Colorado employers on file, and the 942nd of 2,096 in real estate & leasing. In 2024, employees put in $1.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,870,201
Participants with balances364
Active participants274
Employer contributions$717,973
Employee contributions$1,065,890
Employer contribution per active participant$2,620
Average account balance$35,358
Benefits paid to participants$1,081,718
Plan auditUnmodified (clean) audit opinion
AuditorRYAN, GUNSAULS, AND O'DONNELL, PC
Plan history3
Yearassets · accounts · employer contribution
2024$12.9M · 364 accts · $718K emplr
2023$10.4M · 280 accts · $643K emplr
2022$8.4M · 315 accts · $573K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,992
Investment management$29,487
Total administrative$71,479
The Grand Peaks Property Management, Inc. 401(k) match · 2024
Employer contribution per active participant$2,620
Median for plans this size$2,416
2024$2,620 per active participant
2023$2,372 per active participant
2022$2,099 per active participant

Grand Peaks Property Management, Inc.'s 2024 employer contribution ran above 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
EMPOWER ANNUITY INSURANCE COMPANY · Investment advisory (plan)$29,487

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$71,479 · 0.62%
2023$54,050 · 0.57%
2022$60,847 · 0.62%
Same employer
Similar plansReal Estate & Leasing · Colorado
Sonder USA Inc. CO$18.1M · 0.32%
Griffis Blessing, Inc. CO$11.5M · 0.01%
Nsa Op, LP CO$9.0M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 562321456 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.