Plan Ledger DOL Form 5500 · updated monthly

Knightvest Management, L.L.C.401(k)

KNIGHTVEST 401(K) PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.79%

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

Knightvest Management, L.L.C. reported $86,155 in plan administrative expenses for 2024: 0.79% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,668 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 rose from 0.65% to 0.79%. 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 2,763rd-largest of 5,688 plans among Texas employers on file, and the 980th of 2,096 in real estate & leasing. In 2024, employees put in $1.27 for every $1.00 the employer contributed; active participation has grown from 517 to 588 since 2022.

Plan summary
Net assets, end of year$12,163,190
Participants with balances287
Active participants588
Employer contributions$980,708
Employee contributions$1,246,248
Employer contribution per active participant$1,668
Average account balance$42,380
Benefits paid to participants$1,367,128
Plan auditUnmodified (clean) audit opinion
AuditorABIP, PC
Plan history3
Yearassets · accounts · employer contribution
2024$12.2M · 287 accts · $981K emplr
2023$9.7M · 275 accts · $886K emplr
2022$6.8M · 263 accts · $798K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$83,755
Total administrative$86,155
The Knightvest Management, L.L.C. 401(k) match · 2024
Employer contribution per active participant$1,668
Median for plans this size$2,416
2024$1,668 per active participant
2023$1,684 per active participant
2022$1,543 per active participant

Knightvest Management, L.L.C.'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 · 20243
DEFINITI LLC · Contract administrator$7,175
LINSCO/PRIVATE LEDGER CORPindirect comp

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$86,155 · 0.79%
2023$52,786 · 0.64%
2022$43,323 · 0.65%
Similar plansReal Estate & Leasing · Texas
Spirit Realty Capital, Inc. TX$13.5M · 0.65%
Buxton Company TX$13.1M · 0.51%
Tarantino Properties Inc. TX$11.8M · 0.20%
Boxx Modular Holdings, Inc. TX$11.8M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270878012 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.