Plan Ledger DOL Form 5500 · updated monthly

Satellite Affordable Housing A401(k)

SAFE-HARBOR 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF SATELLITE AFFORDABLE HOUSING ASSOCIATES · BERKELEY, CA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Satellite Affordable Housing A reported $3,056 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,392 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 0.15% 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 3,677th-largest of 9,483 plans among California employers on file, and the 676th of 2,096 in real estate & leasing. In 2024, employees put in $1.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,723,328
Participants with balances350
Active participants274
Employer contributions$655,344
Employee contributions$1,273,896
Employer contribution per active participant$2,392
Average account balance$56,352
Benefits paid to participants$556,545
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.7M · 350 accts · $655K emplr
2023$16.1M · 344 accts · $644K emplr
2022$12.4M · 337 accts · $576K emplr
The Satellite Affordable Housing A 401(k) match · 2024
Employer contribution per active participant$2,392
Median for plans this size$2,416
2024$2,392 per active participant
2023$2,429 per active participant
2022$2,286 per active participant

Satellite Affordable Housing A'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
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$3,056

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$3,056 · 0.02%
2023$1,910 · 0.01%
2022$19,541 · 0.15%
Same employer
Similar plansReal Estate & Leasing · California
Lyon Management Group, Inc. CA$21.0M · 0.68%
Arnel Development Company CA$20.5M · 0.44%
The Ezralow Company, LLC CA$19.7M · 0.03%
Meyer Properties CA$19.7M · 0.07%
Sunset Development Company CA$19.5M · 0.57%
Fairsquare, Inc. CA$19.4M · 0.59%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 943186770 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.