Plan Ledger DOL Form 5500 · updated monthly

W. P. Carey Management LLC401(k)

CAREY PROFIT SHARING AND 401K PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

W. P. Carey Management LLC reported $155,838 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $19,567 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.

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 741st-largest of 5,648 plans among New York employers on file, and the 113th of 2,096 in real estate & leasing. In 2024, the employer put in $1.33 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$108,924,359
Participants with balances248
Active participants146
Employer contributions$2,856,816
Employee contributions$2,146,247
Employer contribution per active participant$19,567
Average account balance$439,211
Benefits paid to participants$1,514,860
Plan auditUnmodified (clean) audit opinion
The W. P. Carey Management LLC 401(k) match · 2024
Employer contribution per active participant$19,567
Median for plans this size$3,635

W. P. Carey Management LLC's 2024 employer contribution ran above the $3,635 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 · 20243
NPPG INVESTMENTS SERVICES, LLC · Recordkeeping · Trustee$111,359
ADP, INC · Recordkeeping · Trustee$20,837
PENSIONMARK FINANCIAL GROUP, LLC · Recordkeeping · Trustee$19,564

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

Administrative cost history1
2024$155,838 · 0.16%
Same employer
Similar plansReal Estate & Leasing · New York
Wework Management LLC NY$161.8M · 0.15%
Sl Green Realty Corp NY$107.1M · 0.06%
Arnav Industries Inc NY$92.1M · 0.09%
Carey Asset Management Corp NY$90.9M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 883542403 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.