Plan Ledger DOL Form 5500 · updated monthly

Millennia Housing Management, LTD.401(k)

THE MILLENNIA HOUSING MANAGEMENT, LTD. 401(K) PLAN · CLEVELAND, OH · plan year 2024

Reported admin expense ratio · 2024
1.03%

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

Millennia Housing Management, LTD. reported $38,831 in plan administrative expenses for 2024: 1.03% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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 1.03%. 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 Ohio (2,718th of 3,295), and 1,648th of 2,096 in real estate & leasing. active participation has grown from 1,181 to 1,988 since 2022.

Plan summary
Net assets, end of year$3,839,273
Participants with balances152
Active participants1,988
Employer contributions$0
Employee contributions$546,597
Employer contribution per active participant$0
Average account balance$25,258
Benefits paid to participants$944,344
Plan auditUnmodified (clean) audit opinion
AuditorCLARK SCHAEFER & HACKET & CO
Plan history3
Yearassets · accounts · employer contribution
2024$3.8M · 152 accts
2023$3.7M · 165 accts
2022$3.7M · 179 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,906
Investment management$16,925
Total administrative$38,831
The Millennia Housing Management, LTD. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Millennia Housing Management, LTD.'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 · 20242
CETERA INVESTMENT ADVISORS LLC · Investment advisory (plan)$15,454

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$38,831 · 1.03%
2023$40,827 · 1.09%
2022$38,106 · 0.98%
Same employer
Similar plansReal Estate & Leasing · Ohio
Thrive Companies OH$4.5M · 0.96%
T & R Properties Inc. OH$4.3M · 0.82%
Ohio Equities, LLC OH$4.0M · 0.37%
Aiy Properties, Inc. OH$3.0M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341816464 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.