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Benchmarking Armada Hoffler 401(K) Retirement Plan in Virginia Beach, VA against all plans

 

Armada Hoffler 401(K) Retirement Plan in Virginia Beach, VA has the 8th-highest total administrative expense per participant ($481.36) of the 94 plans within 50 miles. That $481.36 compares to an average of $200.97 across those 94 plans.

Reaching the average of $200.97 would imply a decrease of $51,872 in total administrative expenses.

Note: total administrative expense per participant =
total administrative expenses รท total participants

Armada Hoffler 401(K) Retirement Plan has these standings among those 94 peer plans:

  • total administrative expense per participant = $481.36 (8th-highest)

  • total administrative expenses = $89,052 (31st-highest)

  • total participants = 185 (22nd-fewest)

Visualize

 
 

Peers

better than Samuel I White, P.C. 401(K) Profit Sharing Plan in Virginia Beach, VA ($1,038), Analytical Services & Materials, Inc. 401(K) Profit Sharing Plan in Hampton, VA ($814.44), IBEW Local 1340 Maintenance Employees Retirement Fund 401(K) Profit Sharing Plan and Trust in Hampton, VA ($697.63), and Atlantic Anesthesia, Inc. 401(K) Plan in Virginia Beach, VA ($694.18), and 3 others, ending with LWSS Family Dentistry Ltd Profit Sharing Plan in Chesapeake, VA ($583.47).

exceeded Vanguard Industries East 401(K) Plan in Norfolk, VA ($457.73), 1st Advantage Federal Credit Union 401k Plan and Trust in Newport News, VA ($438.49), Divaris Real Estate, Inc. 401(K) Plan in Virginia Beach, VA ($405.80), and Crofton Diving Corporation 401(K) Profit Sharing Plan in Portsmouth, VA ($368.92), and 82 others, ending with Langley Federal Credit Union 401(K) Plan in Newport News, VA (-$20.77).

References

  1. total administrative expense per participant. Lower values are better. Total administrative expense per participant is a ratio that equals total administrative expenses (Line 2i(5), Schedule H) divided by total participants, i.e. the sum of active, retired, or separated participants who are still living, plus deceased participants whose beneficiaries receive or are entitled to benefits (Line 6f of Form 5500). To qualify for total administrative expense per participant, the number of total assets must be at least $50,000. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
  2. within 50 miles.

    • The Latitude and Longitude data used by this application were obtained from the Google Map's geolocation API service.
    • In rare cases, the geolocation isn't found, typically because a street address is missing or incorrect, a zipcode isn't correct or omits a leading zero, or other detail. In such rare cases, the Google Maps service was used manually to identify the correct or likely office latitude and longtidue, with a preference to physical addresses rather than mailing addresses such as a post office box.

    Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.