Plan Ledger DOL Form 5500 · updated monthly

Mayfair Management Group, LP401(k)

MAYFAIR MANAGEMENT GROUP, LP 401(K) PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
1.01%

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

Mayfair Management Group, LP reported $18,926 in plan administrative expenses for 2024: 1.01% of average plan assets, higher than ~75% of peers. Employer contributions averaged $157 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 0.71% to 1.01%. 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 Texas (4,962nd of 5,688), and 1,872nd of 2,096 in real estate & leasing. In 2024, employees put in $6.78 for every $1.00 the employer contributed; active participation has grown from 285 to 328 since 2022.

Plan summary
Net assets, end of year$1,881,796
Participants with balances313
Active participants328
Employer contributions$51,626
Employee contributions$350,142
Employer contribution per active participant$157
Average account balance$6,012
Benefits paid to participants$556,543
Plan auditUnmodified (clean) audit opinion
AuditorGARRETY AND ASSOCIATES CPA LLC
Plan history3
Yearassets · accounts · employer contribution
2024$1.9M · 313 accts · $52K emplr
2023$1.9M · 225 accts · $62K emplr
2022$1.3M · 166 accts · $50K emplr
The Mayfair Management Group, LP 401(k) match · 2024
Employer contribution per active participant$157
Median for plans this size$1,313
2024$157 per active participant
2023$198 per active participant
2022$176 per active participant

Mayfair Management Group, LP'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
EDWARD D JONES & CO · Insurance services$8,337
GARETY AND ASSOCIATES CPA LLC$6,000
TRG ADMINISTRATIVE SERVICES · Contract administrator$3,570

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$18,926 · 1.01%
2023$20,622 · 1.31%
2022$9,558 · 0.71%
Same employer
Similar plansReal Estate & Leasing · Texas
Lynd Management Group LLC TX$2.0M · 2.11%
Grayco Partners LLC TX$1.8M · 0.28%
Hospice Source, LLC TX$1.7M · 0.30%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 260052388 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.