Plan Ledger DOL Form 5500 · updated monthly

Westport Properties, Inc.401(k)

WESTPORT PROPERTIES, INC. 401(K) PLAN · NEWPORT BEACH, CA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Westport Properties, Inc. reported $1,930 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $73 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 0.15% to 0.05%. 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 California (7,181st of 9,483), and 1,579th of 2,096 in real estate & leasing. In 2024, employees put in $16.10 for every $1.00 the employer contributed; active participation has grown from 410 to 526 since 2022.

Plan summary
Net assets, end of year$4,506,020
Participants with balances188
Active participants526
Employer contributions$38,441
Employee contributions$618,878
Employer contribution per active participant$73
Average account balance$23,968
Benefits paid to participants$379,450
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.5M · 188 accts · $38K emplr
2023$3.7M · 195 accts · $45K emplr
2022$2.9M · 181 accts · $39K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,930
Total administrative$1,930
The Westport Properties, Inc. 401(k) match · 2024
Employer contribution per active participant$73
Median for plans this size$1,313
2024$73 per active participant
2023$90 per active participant
2022$95 per active participant

Westport Properties, Inc.'s 2024 employer contribution ran below the $1,313 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
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$3,430
NFP RETIREMENT INC · Consultingindirect comp

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$1,930 · 0.05%
2023$1,598 · 0.05%
2022$4,394 · 0.15%
Same employer
Similar plansReal Estate & Leasing · California
Prodesse Property Group CA$4.6M · 0.77%
Emt Residential CA$4.6M · 0.07%
Toyotalift, Inc. CA$4.5M · 0.86%
Intelliloan, Inc. CA$4.5M · 0.33%
Dti Investments Inc CA$4.5M · 0.86%
Caster Properties, Inc. CA$4.4M · 0.31%
Beverly Hills Properties CA$4.3M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330223829 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.