Plan Ledger DOL Form 5500 · updated monthly

Towne Properties Asset Management Company, Inc.401(k)

TOWNE RETIREMENT 401(K) PLAN · CINCINNATI, OH · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Towne Properties Asset Management Company, Inc. reported $166,136 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $683 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 3 years on file its reported administrative ratio has held roughly steady near 0.374%. 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 700th-largest of 3,295 plans among Ohio employers on file, and the 310th of 2,096 in real estate & leasing. In 2024, employees put in $4.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$45,996,091
Participants with balances700
Active participants690
Employer contributions$470,966
Employee contributions$2,095,901
Employer contribution per active participant$683
Average account balance$65,709
Benefits paid to participants$4,924,721
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$46.0M · 700 accts · $471K emplr
2023$42.8M · 672 accts · $434K emplr
2022$37.0M · 626 accts · $426K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$84,465
Investment management$52,614
Total administrative$166,136
The Towne Properties Asset Management Company, Inc. 401(k) match · 2024
Employer contribution per active participant$683
Median for plans this size$2,416
2024$683 per active participant
2023$622 per active participant
2022$665 per active participant

Towne Properties Asset Management Company, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
PENSION CORPORATION OF AMERICA · Contract administrator · Recordkeeping$113,522
PCA INVESTMENT ADVISORY SERVICES · Investment advisory (plan)$52,614

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

Recordkeeper by year2
2024PENSION CORPORATION OF AMERICA
2023PENSION CORPORATION OF AMERICA

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

Administrative cost history3
2024$166,136 · 0.37%
2023$142,204 · 0.36%
2022$149,779 · 0.37%
Same employer
Similar plansReal Estate & Leasing · Ohio
Site Centers Corp. OH$56.7M · 0.07%
Nrp Investments LLC OH$43.4M · 0.48%
Sibcy Cline, Inc. OH$36.0M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310945003 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.