Plan Ledger DOL Form 5500 · updated monthly

The Apartment Company401(k)

THE APARTMENT COMPANY 401(K) PROFIT SHARING PLAN & TRUST · ENCINITAS, CA · plan year 2022

Reported admin expense ratio · 2022
1.94%

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

The Apartment Company reported $2,344 in plan administrative expenses for 2022: 1.94% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in California (9,314th of 9,483), and 3,279th of 3,341 in other services.

Plan summary
Net assets, end of year$131,631
Participants with balances24
Active participants115
Employer contributions$0
Employee contributions$56,779
Employer contribution per active participant$0
Average account balance$5,485
Benefits paid to participants$13,630
Plan auditUnmodified (clean) audit opinion
AuditorCOMER NOWLING AND ASSOCIATES
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,287
Investment management$57
Total administrative$2,344
The The Apartment Company 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$331

The Apartment Company's 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$2,344 · 1.94%
Similar plansOther Services · California
Trius Trucking Inc CA$195K · 8.74%
Dav Industries Inc CA$133K · 1.94%
Sr Salons LLC CA$121K · 0.18%
Magic Laundry, Inc CA$41K · 1.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954460771 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.