Plan Ledger DOL Form 5500 · updated monthly

Las Vegas Residential Properties LLC401(k)

LAS VEGAS PROPERTIES 401(K) PLAN · LONG BEACH, CA · plan year 2024

Reported admin expense ratio · 2024
2.16%

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

Las Vegas Residential Properties LLC reported $37,172 in plan administrative expenses for 2024: 2.16% of average plan assets, higher than ~90% of peers. Employer contributions averaged $205 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 0.74% to 2.16%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in California (8,361st of 9,483), and 1,874th of 2,096 in real estate & leasing. In 2024, employees put in $8.06 for every $1.00 the employer contributed; active participation has grown from 199 to 243 since 2022.

Plan summary
Net assets, end of year$1,865,315
Participants with balances284
Active participants243
Employer contributions$49,727
Employee contributions$400,788
Employer contribution per active participant$205
Average account balance$6,568
Benefits paid to participants$344,566
Plan auditUnmodified (clean) audit opinion
AuditorPATRICK HARPER CPA INC
Plan history3
Yearassets · accounts · employer contribution
2024$1.9M · 284 accts · $50K emplr
2023$1.6M · 241 accts · $107K emplr
2022$1.4M · 452 accts · $74K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,087
Investment management$5,085
Total administrative$37,172
The Las Vegas Residential Properties LLC 401(k) match · 2024
Employer contribution per active participant$205
Median for plans this size$1,313
2024$205 per active participant
2023$529 per active participant
2022$373 per active participant

Las Vegas Residential Properties LLC's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
PATRICK HARPER CPA INC · Accounting / audit$6,000
MORGAN STANLEY · Investment advisory (plan)$5,063
EMPOWER ADVISORY GROUP, LLC · Investment management$22

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$37,172 · 2.16%
2023$19,748 · 1.35%
2022$9,593 · 0.74%
Same employer
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Avantstay, Inc. CA$2.0M · 0.63%
Hunt Enterprises, Inc. CA$1.9M · 0.12%
Pfn Lending Group Inc CA$1.9M · 0.84%
Pe Management Group, Inc. CA$1.9M · 2.51%
Greens Operations, Inc. CA$1.6M · 0.52%
Total Storage Solutions CA$1.4M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 900736399 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.