Plan Ledger DOL Form 5500 · updated monthly

Tribridge Residential, LLC401(k)

TRIBRIDGE RESIDENTIAL 401(K) PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.80%

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

Tribridge Residential, LLC reported $72,899 in plan administrative expenses for 2024: 0.80% of average plan assets, above the peer median. Employer contributions averaged $1,204 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 0.88% to 0.80%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Georgia (1,260th of 2,160), and 1,117th of 2,096 in real estate & leasing. In 2024, employees put in $3.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,860,017
Participants with balances510
Active participants205
Employer contributions$246,722
Employee contributions$841,493
Employer contribution per active participant$1,204
Average account balance$19,333
Benefits paid to participants$648,389
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.9M · 510 accts · $247K emplr
2023$8.3M · 470 accts · $200K emplr
2022$6.4M · 444 accts · $169K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,248
Investment management$22,651
Total administrative$72,899
The Tribridge Residential, LLC 401(k) match · 2024
Employer contribution per active participant$1,204
Median for plans this size$1,313
2024$1,204 per active participant
2023$965 per active participant
2022$888 per active participant

Tribridge Residential, LLC's 2024 employer contribution ran below the $1,313 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 · 20242
NEWPORT GROUP, INC. · Loan processing · Recordkeeping$50,248
BAER WEALTH MANAGEMENT · Investment advisory (plan)$26,225

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$72,899 · 0.80%
2023$58,369 · 0.79%
2022$59,176 · 0.88%
Similar plansReal Estate & Leasing · Georgia
The Integral Group, LLC GA$10.6M · 1.02%
Resicap Payroll LLC GA$10.2M · 0.69%
On Services, LLC GA$9.1M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 274292135 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.