Plan Ledger DOL Form 5500 · updated monthly

Singlesource Property Solutions LLC401(k)

SINGLESOURCE PROPERTY SOLUTIONS LLC 401K RETIREMENT PLAN · CANONSBURG, PA · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Singlesource Property Solutions LLC reported $66,147 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,217 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 0.56% to 0.49%. 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 among the smaller plans on file in Pennsylvania (1,913th of 3,651), and the 881st of 2,096 in real estate & leasing. In 2024, employees put in $1.67 for every $1.00 the employer contributed; active participation has grown from 147 to 163 since 2022.

Plan summary
Net assets, end of year$14,266,433
Participants with balances212
Active participants163
Employer contributions$361,411
Employee contributions$604,748
Employer contribution per active participant$2,217
Average account balance$67,294
Benefits paid to participants$1,071,787
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.3M · 212 accts · $361K emplr
2023$12.7M · 212 accts · $377K emplr
2022$10.8M · 238 accts · $428K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$55,101
Investment management$11,046
Total administrative$66,147
The Singlesource Property Solutions LLC 401(k) match · 2024
Employer contribution per active participant$2,217
Median for plans this size$2,416
2024$2,217 per active participant
2023$2,876 per active participant
2022$2,914 per active participant

Singlesource Property Solutions LLC'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 · 20245
T ROWE PRICE RPS INC · Recordkeeping · Trustee$4,625
LPL FINANCIAL · Consulting · Investment advisory (plan)$12,675
PETER GIALAMES ASSOCIATES, INC. · Contract administrator$6,607
CHARLES SCHWAB & CO., INC. · Securities brokerageindirect 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$66,147 · 0.49%
2023$64,270 · 0.55%
2022$65,570 · 0.56%
Same employer
Similar plansReal Estate & Leasing · Pennsylvania
Roosevelt, Inc. PA$15.8M · 0.04%
Scully Company PA$15.0M · 0.54%
Bet Investments PA$14.7M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 475103354 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.