Plan Ledger DOL Form 5500 · updated monthly

Vestar Properties, Inc.401(k)

VESTAR PROPERTIES, INC. 401(K) PLAN · PHOENIX, AZ · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Vestar Properties, Inc. reported $57,923 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $4,707 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 0.25% to 0.29%. 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 343rd-largest of 1,285 plans among Arizona employers on file, and the 602nd of 2,096 in real estate & leasing. In 2024, employees put in $2.19 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,435,379
Participants with balances153
Active participants121
Employer contributions$569,571
Employee contributions$1,248,296
Employer contribution per active participant$4,707
Average account balance$146,636
Benefits paid to participants$553,163
Plan auditUnmodified (clean) audit opinion
AuditorTULL FORSBERG & OLSON PLC
Plan history3
Yearassets · accounts · employer contribution
2024$22.4M · 153 accts · $570K emplr
2023$17.3M · 160 accts · $243K emplr
2022$14.4M · 159 accts · $190K emplr
Administrative expenses, itemized · 2024
Investment management$57,923
Total administrative$57,923
The Vestar Properties, Inc. 401(k) match · 2024
Employer contribution per active participant$4,707
Median for plans this size$2,416
2024$4,707 per active participant
2023$2,060 per active participant
2022$1,601 per active participant

Vestar Properties, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
JOHN HANCOCK RETIREMENT PLAN SERVIC · Recordkeeping$13,396
THE O'DELL GROUP LLC · Other services$20,356

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

Recordkeeper by year2
2024John Hancock
2023ADP, THE O'DELL GROUP LLC

This plan has changed recordkeepers within these filings. If you left Vestar Properties, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$57,923 · 0.29%
2023$41,779 · 0.26%
2022$39,579 · 0.25%
Same employer
Similar plansReal Estate & Leasing · Arizona
Robson Communities, Inc. AZ$51.5M · 0.11%
Store Capital Advisors, LLC AZ$15.3M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860731666 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.