Plan Ledger DOL Form 5500 · updated monthly

Thr Property Management, LP/ dba Invitation Homes401(k)

INVITATION HOMES 401(K) PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Thr Property Management, LP/ dba Invitation Homes reported $82,583 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $1,806 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 0.19% to 0.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 874th-largest of 5,688 plans among Texas employers on file, and the 204th of 2,096 in real estate & leasing. In 2024, employees put in $2.04 for every $1.00 the employer contributed; active participation has grown from 1,330 to 1,811 since 2022.

Plan summary
Net assets, end of year$66,362,171
Participants with balances1,356
Active participants1,811
Employer contributions$3,270,587
Employee contributions$6,676,422
Employer contribution per active participant$1,806
Average account balance$48,940
Benefits paid to participants$4,765,917
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$66.4M · 1,356 accts · $3.3M emplr
2023$52.4M · 1,207 accts · $2.9M emplr
2022$41.1M · 1,142 accts · $2.4M emplr
Administrative expenses, itemized · 2024
Investment management$82,665
Total administrative$82,583
The Thr Property Management, LP/ dba Invitation Homes 401(k) match · 2024
Employer contribution per active participant$1,806
Median for plans this size$3,635
2024$1,806 per active participant
2023$2,114 per active participant
2022$1,817 per active participant

Thr Property Management, LP/ dba Invitation Homes's 2024 employer contribution ran below the $3,635 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 · 20243
MMA SECURITIES · Investment advisory (plan)$75,116
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$7,549
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect 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$82,583 · 0.14%
2023$70,319 · 0.15%
2022$80,742 · 0.19%
Same employer
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Stream Realty Partners TX$73.2M · 0.40%
Dwyer Franchising LLC TX$71.8M · 0.26%
Rpm Living, LLC TX$64.4M · 0.80%
Rockpoint Management, LLC TX$60.8M · 0.02%
Belmont Village, L.P. TX$59.2M · 0.32%
Versabar, Incorporated TX$53.9M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 900874152 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.