Plan Ledger DOL Form 5500 · updated monthly

Preservation of Affordable Housing, Inc.401(k)

POAH/POAHC 401(K) PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Preservation of Affordable Housing, Inc. reported $8,321 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,412 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 rose from 0.01% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 854th-largest of 2,726 plans among Massachusetts employers on file, and the 366th of 2,096 in real estate & leasing. In 2024, employees put in $1.97 for every $1.00 the employer contributed; active participation has grown from 521 to 622 since 2022.

Plan summary
Net assets, end of year$38,007,501
Participants with balances681
Active participants622
Employer contributions$1,500,123
Employee contributions$2,951,603
Employer contribution per active participant$2,412
Average account balance$55,811
Benefits paid to participants$3,480,563
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$38.0M · 681 accts · $1.5M emplr
2023$31.9M · 604 accts · $1.3M emplr
2022$25.1M · 562 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,825
Investment management$3,496
Total administrative$8,321
The Preservation of Affordable Housing, Inc. 401(k) match · 2024
Employer contribution per active participant$2,412
Median for plans this size$2,416
2024$2,412 per active participant
2023$2,348 per active participant
2022$2,217 per active participant

Preservation of Affordable Housing, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$4,825

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$8,321 · 0.02%
2023$26,383 · 0.09%
2022$2,655 · 0.01%
Similar plansReal Estate & Leasing · Massachusetts
Chestnut Hill Realty Corp. MA$43.3M · 0.34%
Peabody Properties, Inc. MA$40.4M · 0.43%
Cresa Partners Boston Inc MA$39.9M · 0.41%
The Dolben Company, Inc. MA$31.3M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311616634 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.