Plan Ledger DOL Form 5500 · updated monthly

Paramount Group Management LP401(k)

PARAMOUNT GROUP MANAGEMENT 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Paramount Group Management LP reported $1,900 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $9,401 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 fell from 0.004% to 0.003%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 1,225th-largest of 5,648 plans among New York employers on file, and the 244th of 2,096 in real estate & leasing. In 2024, employees put in $1.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$58,728,670
Participants with balances232
Active participants149
Employer contributions$1,400,821
Employee contributions$1,972,633
Employer contribution per active participant$9,401
Average account balance$253,141
Benefits paid to participants$4,126,428
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$58.7M · 232 accts · $1.4M emplr
2023$52.3M · 239 accts · $1.3M emplr
2022$43.7M · 237 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,900
Total administrative$1,900
The Paramount Group Management LP 401(k) match · 2024
Employer contribution per active participant$9,401
Median for plans this size$3,635
2024$9,401 per active participant
2023$8,549 per active participant
2022$7,746 per active participant

Paramount Group Management LP's 2024 employer contribution ran above the $3,635 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.

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 · 20241

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$1,900 · 0.00%
2023$1,900 · 0.00%
2022$1,875 · 0.00%
Same employer
Similar plansReal Estate & Leasing · New York
Rema Holdings LLC NY$46.8M · 0.12%
Rudin Management Co., Inc. NY$45.9M · 0.04%
Douglas Elliman LLC NY$45.7M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471887984 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.