Plan Ledger DOL Form 5500 · updated monthly

Princeton Properties Management, Inc.401(k)

PRINCETON PROPERTIES MANAGEMENT, INC. RETIREMENT PLAN · LOWELL, MA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Princeton Properties Management, Inc. reported $30,037 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $1,812 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 0.10% to 0.13%. 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 1,142nd-largest of 2,726 plans among Massachusetts employers on file, and the 543rd of 2,096 in real estate & leasing. In 2024, employees put in $4.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,590,257
Participants with balances250
Active participants207
Employer contributions$375,109
Employee contributions$1,504,027
Employer contribution per active participant$1,812
Average account balance$98,361
Benefits paid to participants$2,196,176
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.6M · 250 accts · $375K emplr
2023$22.7M · 253 accts · $352K emplr
2022$19.6M · 244 accts · $360K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,908
Investment management$16,129
Total administrative$30,037
The Princeton Properties Management, Inc. 401(k) match · 2024
Employer contribution per active participant$1,812
Median for plans this size$2,416
2024$1,812 per active participant
2023$1,709 per active participant
2022$1,782 per active participant

Princeton Properties Management, 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 · 20242
MORGAN STANLEY GRAYSTONE CONSULTING · Investment advisory (plan)$16,129
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$13,908

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$30,037 · 0.13%
2023$70,558 · 0.33%
2022$20,326 · 0.10%
Same employer
Similar plansReal Estate & Leasing · Massachusetts
Hallkeen Management, Inc. MA$27.2M · 1.18%
The Druker Company, LTD MA$26.8M · 0.23%
Maloney Properties, Inc. MA$24.0M · 0.43%
Davenport Realty Trust MA$21.8M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043139264 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.