Plan Ledger DOL Form 5500 · updated monthly

Property Management Associates, Inc.401(k)

PROPERTY MANAGEMENT ASSOCIATES, INC. 401(K) PROFIT SHARING PLAN · CULVER CITY, CA · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Property Management Associates, Inc. reported $35,907 in plan administrative expenses for 2024: 0.41% of average plan assets, below the peer median. Employer contributions averaged $1,720 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 rose from 0.66% to 0.84%. 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 (5,647th of 9,483), and 1,147th of 2,096 in real estate & leasing. In 2024, employees put in $1.64 for every $1.00 the employer contributed; active participation has grown from 116 to 128 since 2022.

Plan summary
Net assets, end of year$9,366,568
Participants with balances156
Active participants128
Employer contributions$220,210
Employee contributions$361,512
Employer contribution per active participant$1,720
Average account balance$60,042
Benefits paid to participants$144,079
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$6.3M · 155 accts · $302K emplr
2024$9.4M · 156 accts · $220K emplr
2023$8.0M · 145 accts · $229K emplr
2022$6.6M · 145 accts · $224K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,146
Investment management$20,761
Total administrative$35,907
The Property Management Associates, Inc. 401(k) match · 2024
Employer contribution per active participant$1,720
Median for plans this size$1,313
2025$2,540 per active participant
2024$1,720 per active participant
2023$1,990 per active participant
2022$1,927 per active participant

Property Management Associates, Inc.'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
WELLS FARGO ADVISORS LLC · Investment advisory (plan)$20,761

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

Administrative cost history4
2025$65,326 · 0.84%
2024$35,907 · 0.41%
2023$29,923 · 0.41%
2022$46,123 · 0.66%
Same employer
Similar plansReal Estate & Leasing · California
Fox Rent a Car, Inc. CA$9.4M · 0.85%
Ca Capital Operations LLC CA$9.2M · 0.05%
Getaround, Inc. CA$9.2M · 0.30%
Proper Hospitality LLC CA$8.9M · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954335109 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.