Plan Ledger DOL Form 5500 · updated monthly

Piedmont Office Realty Trust Inc401(k)

PIEDMONT 401(K) PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Piedmont Office Realty Trust Inc reported $128,107 in plan administrative expenses for 2024: 0.23% of average plan assets, higher than ~75% of peers. Employer contributions averaged $10,278 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 0.23%. 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 402nd-largest of 2,160 plans among Georgia employers on file, and the 235th of 2,096 in real estate & leasing. In 2024, employees put in $1.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$60,330,502
Participants with balances188
Active participants148
Employer contributions$1,521,110
Employee contributions$2,115,050
Employer contribution per active participant$10,278
Average account balance$320,907
Benefits paid to participants$2,106,363
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$60.3M · 188 accts · $1.5M emplr
2023$50.6M · 184 accts · $1.5M emplr
2022$43.5M · 187 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$128,107
Total administrative$128,107
The Piedmont Office Realty Trust Inc 401(k) match · 2024
Employer contribution per active participant$10,278
Median for plans this size$3,635
2024$10,278 per active participant
2023$10,146 per active participant
2022$9,555 per active participant

Piedmont Office Realty Trust Inc'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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$128,032
PENSION FINANCIAL SERVICES, INC. · Contract administrator · Other services$75
MMA SECURITES LLC · Investment advisory (plan)indirect comp

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$128,107 · 0.23%
2023$110,205 · 0.23%
2022$105,198 · 0.22%
Same employer
Similar plansReal Estate & Leasing · Georgia
Randstad North America GA$674.3M · 0.14%
Gables Residential Services GA$103.9M · 0.27%
Jamestown Management Corp. GA$90.2M · 0.27%
Trimont LLC GA$74.6M · 0.12%
Cortland Holdings, LLC GA$57.1M · 0.79%
Cousins Employees, LLC GA$51.1M · 0.13%
Selig Enterprises, Inc. GA$47.7M · 0.08%
Walton Communities, LLC GA$44.8M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582328421 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.