Plan Ledger DOL Form 5500 · updated monthly

Pasadena Center Operating Company401(k)

PASADENA CENTER OPERATING COMPANY 401(K) PLAN · PASADENA, CA · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Pasadena Center Operating Company reported $14,770 in plan administrative expenses for 2024: 0.16% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,216 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 0.19% to 0.16%. 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 California (5,562nd of 9,483), and 1,132nd of 2,096 in real estate & leasing. In 2024, employees put in $1.17 for every $1.00 the employer contributed; active participation has grown from 86 to 144 since 2022.

Plan summary
Net assets, end of year$9,618,810
Participants with balances136
Active participants144
Employer contributions$319,110
Employee contributions$373,392
Employer contribution per active participant$2,216
Average account balance$70,727
Benefits paid to participants$487,727
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.6M · 136 accts · $319K emplr
2023$8.3M · 127 accts · $292K emplr
2022$6.7M · 112 accts · $245K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,770
Total administrative$14,770
The Pasadena Center Operating Company 401(k) match · 2024
Employer contribution per active participant$2,216
Median for plans this size$1,313
2024$2,216 per active participant
2023$2,227 per active participant
2022$2,853 per active participant

Pasadena Center Operating Company's 2024 employer contribution ran above the $1,313 median for plans its size. 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
TRANSAMERICA RETIREMENT SOLUTIONS, · Recordkeeping · Loan processing$8,177
SBHU/MORGAN STANLEY SMITH BARNEY · Insurance broker · Insurance servicesindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$14,770 · 0.16%
2023$11,688 · 0.16%
2022$13,513 · 0.19%
Similar plansReal Estate & Leasing · California
Mynd Management, Inc. CA$10.3M · 0.14%
El Monte Rents, Inc. CA$10.2M · 0.51%
Zumper, Inc. CA$10.1M · 0.11%
Fox Rent a Car, Inc. CA$9.4M · 0.85%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952855166 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.