Plan Ledger DOL Form 5500 · updated monthly

Umh Properties, Inc.401(k)

UMH PROPERTIES, INC. 401(K) PLAN · FREEHOLD, NJ · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Umh Properties, Inc. reported $198,881 in plan administrative expenses for 2024: 0.64% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,185 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 rose from 0.37% to 0.64%. 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 756th-largest of 2,419 plans among New Jersey employers on file, and the 410th of 2,096 in real estate & leasing. In 2024, employees put in $1.86 for every $1.00 the employer contributed; active participation has grown from 431 to 496 since 2022.

Plan summary
Net assets, end of year$34,186,343
Participants with balances563
Active participants496
Employer contributions$1,083,713
Employee contributions$2,013,080
Employer contribution per active participant$2,185
Average account balance$60,722
Benefits paid to participants$1,319,712
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$34.2M · 563 accts · $1.1M emplr
2023$27.5M · 510 accts · $986K emplr
2022$24.0M · 499 accts · $999K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$198,881
Total administrative$198,881
The Umh Properties, Inc. 401(k) match · 2024
Employer contribution per active participant$2,185
Median for plans this size$2,416
2024$2,185 per active participant
2023$2,210 per active participant
2022$2,319 per active participant

Umh Properties, Inc.'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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$198,876
NEWPORT CAPITAL GROUP · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect 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$198,881 · 0.64%
2023$150,012 · 0.58%
2022$105,919 · 0.37%
Similar plansReal Estate & Leasing · New Jersey
Veris Residential, Inc. NJ$58.5M · 0.13%
Edison Properties, LLC NJ$58.3M · 0.12%
M. Management, Inc. NJ$51.6M · 0.24%
Ue Management LLC NJ$32.1M · 0.11%
Rpm Management, LLC NJ$31.8M · 0.29%
Ironstate Properties LLC NJ$25.7M · 0.03%
Marlin Leasing Corporation NJ$24.6M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221890929 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.