Plan Ledger DOL Form 5500 · updated monthly

Sandhurst Apartment Management, LLC401(k)

SANDHURST APARTMENT MANAGEMENT, LLC 401K PLAN · CHARLOTTE, NC · plan year 2024

Reported admin expense ratio · 2024
0.34%

Sandhurst Apartment Management, LLC reported $7,514 in plan administrative expenses for 2024: 0.34% of average plan assets, below the peer median. 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 has held roughly steady near 0.34%. 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 North Carolina (1,729th of 2,005), and 1,798th of 2,096 in real estate & leasing.

Plan summary
Net assets, end of year$2,449,112
Participants with balances574
Active participants209
Employer contributions—
Employee contributions$483,157
Employer contribution per active participant—
Average account balance$4,267
Benefits paid to participants$362,541
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.4M · 574 accts
2023$2.0M · 450 accts
2022$1.5M · 499 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,514
Total administrative$7,514
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 · 20243
ADP, INC. · Recordkeeping$7,514
ADP BROKER-DEALER · Other servicesindirect comp
ROBERT W. BAIRD AND CO. INC. · 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 history3
2024$7,514 · 0.34%
2023$4,974 · 0.28%
2022$5,258 · 0.33%
Similar plansReal Estate & Leasing · North Carolina
New Forum, Inc. NC$3.7M · 1.53%
Sea Coast Realty, Inc. NC$3.5M · 1.02%
Fitch Irick Corporation NC$2.7M · 1.16%
The Dilweg Companies LLC NC$2.3M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270207337 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.