Next Wave Property Management LLC401(k)
NEXT WAVE PROPERTY MANAGEMENT 401(K) PLAN · SAN CLEMENTE, CA · plan year 2024
Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works
Next Wave Property Management LLC reported $3,721 in plan administrative expenses for 2024: 0.75% of average plan assets, below the peer median. Employer contributions averaged $1,079 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.
The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (9,049th of 9,483), and 11,408th of 11,654 in professional & technical services. In 2024, employees put in $1.92 for every $1.00 the employer contributed.
Next Wave Property Management LLC's 2024 employer contribution ran above the $540 median for plans its size, placing it in the top 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 473214394 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.