Plan Ledger DOL Form 5500 · updated monthly

Preferred Apartment Advisors, LLCProfit-sharing plan

PREFERRED APARTMENT ADVISORS, LLC 401(K) PROFIT SHARING PLAN · ATLANTA, GA · plan year 2023

Reported admin expense ratio · 2023
0.63%

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

Preferred Apartment Advisors, LLC reported $88,866 in plan administrative expenses for 2023: 0.63% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,090 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 $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other management of companies employers. By assets it is the 1,038th-largest of 2,160 plans among Georgia employers on file, and 503rd of 786 in management of companies. In 2023, employees put in $1.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,277,798
Participants with balances396
Active participants357
Employer contributions$746,203
Employee contributions$1,144,164
Employer contribution per active participant$2,090
Average account balance$36,055
Benefits paid to participants$3,687,388
Plan auditUnmodified (clean) audit opinion
AuditorMOORE COLSON & COMPANY PC
Plan history2
Yearassets · accounts · employer contribution
2024$0 · $1.0M emplr
2023$14.3M · 396 accts · $746K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$88,866
Total administrative$88,866
Employer contributions to the Preferred Apartment Advisors, LLC plan · 2023
Employer contribution per active participant$2,090
Median for plans this size$2,440

Preferred Apartment Advisors, LLC's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$88,866
ARISTA ADVISORY GROUP · Investment advisory (plan)indirect comp
ASCENSUS · Other servicesindirect comp

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

Administrative cost history2
2024Not separately reported
2023$88,866 · 0.63%
Same employer
Similar plansManagement of Companies · Georgia
Techcxo, LLC GA$42.0M · 0.10%
Futuretech Holding Company GA$37.3M · 0.13%
Georgia Banking Company GA$13.8M · 0.32%
Can Capital Inc. GA$7.8M · 0.04%
Ted's Montana Grill, Inc. GA$6.9M · 0.79%

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Source: U.S. Department of Labor, Form 5500 series, EIN 272609991 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.