Plan Ledger DOL Form 5500 · updated monthly

National Property Management Associates, Inc.401(k)

NATIONAL PROPERTY MANAGEMENT A 401(K) PROFIT SHARING PLAN & TRUST · ORCHARD PARK, NY · plan year 2025

Reported admin expense ratio · 2025
0.69%

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

National Property Management Associates, Inc. reported $30,230 in plan administrative expenses for 2025: 0.69% of average plan assets, above the peer median. Employer contributions averaged $673 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 rose from 0.64% to 0.69%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in New York (4,531st of 5,648), and 1,545th of 2,096 in real estate & leasing. In 2025, employees put in $1.89 for every $1.00 the employer contributed; active participation has grown from 305 to 365 since 2022.

Plan summary
Net assets, end of year$4,699,860
Participants with balances227
Active participants365
Employer contributions$245,809
Employee contributions$464,530
Employer contribution per active participant$673
Average account balance$20,704
Benefits paid to participants$744,171
Plan auditUnmodified (clean) audit opinion
AuditorJEFFREY L. OFFHAUS CPA, LLC
Plan history4
Yearassets · accounts · employer contribution
2025$4.7M · 227 accts · $246K emplr
2024$4.1M · 254 accts · $252K emplr
2023$3.9M · 274 accts · $198K emplr
2022$3.4M · 405 accts · $189K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$21,679
Investment management$8,551
Total administrative$30,230
The National Property Management Associates, Inc. 401(k) match · 2025
Employer contribution per active participant$673
Median for plans this size$1,464
2025$673 per active participant
2024$589 per active participant
2023$531 per active participant
2022$621 per active participant

National Property Management Associates, Inc.'s 2025 employer contribution ran below the $1,464 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$21,679
NOTE ADVISORS LLC · Investment advisory (plan)$8,432

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history4
2025$30,230 · 0.69%
2024$30,239 · 0.75%
2023$22,884 · 0.63%
2022$23,065 · 0.64%
Same employer
Similar plansReal Estate & Leasing · New York
Metro Management NY$5.8M · 0.01%
Real Broker, LLC NY$5.4M · 0.24%
Broadway Maintenance LLC NY$5.2M · 0.28%
Ashcroft Capital, LLC NY$4.6M · 0.65%
Clover Management, Inc. NY$4.6M · 0.22%
Spruce Holdings Inc. NY$4.6M · 0.36%
New York Flower LLC NY$4.6M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161443415 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.