Plan Ledger DOL Form 5500 · updated monthly

Safeguard Properties Management, LLC401(k)

SAFEGUARD PROPERTIES MANAGEMENT, LLC 401(K) PROFIT SHARING PLAN · VALLEY VIEW, OH · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Safeguard Properties Management, LLC reported $78,560 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $1,170 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 fell from 0.30% to 0.27%. 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 972nd-largest of 3,295 plans among Ohio employers on file, and the 455th of 2,096 in real estate & leasing. In 2024, employees put in $3.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$30,074,850
Participants with balances483
Active participants313
Employer contributions$366,196
Employee contributions$1,324,347
Employer contribution per active participant$1,170
Average account balance$62,267
Benefits paid to participants$3,191,787
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$30.1M · 483 accts · $366K emplr
2023$27.5M · 502 accts · $350K emplr
2022$23.5M · 514 accts · $306K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$78,560
Total administrative$78,560
The Safeguard Properties Management, LLC 401(k) match · 2024
Employer contribution per active participant$1,170
Median for plans this size$2,416
2024$1,170 per active participant
2023$1,103 per active participant
2022$947 per active participant

Safeguard Properties Management, LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20241

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$78,560 · 0.27%
2023$74,323 · 0.29%
2022$83,091 · 0.30%
Same employer
Similar plansReal Estate & Leasing · Ohio
Sibcy Cline, Inc. OH$36.0M · 0.15%
Aim Leasing Company, Inc. OH$32.1M · 0.19%
The Wallick Companies, LLC OH$23.4M · 0.53%
Redwood Living, Inc. OH$22.9M · 0.20%
Woda-Cooper Companies, Inc. OH$20.4M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 900881590 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.