Benchmarking United Property Associates 401(K) Plan in Virginia Beach, VA against all plans
United Property Associates 401(K) Plan in Virginia Beach, VA has the 5th-highest total administrative expense per participant ($89.40) of the 59 plans whose industry group is Activities Related to Real Estate. That $89.40 compares to an average of $33.56 across those 59 plans.
Reaching the average of $33.56 would imply a decrease of $8,487 in total administrative expenses.
Note: total administrative expense per participant =
total administrative expenses ÷ total participants
United Property Associates 401(K) Plan has these standings among those 59 peer plans:
Reaching the average of $33.56 would imply a decrease of $8,487 in total administrative expenses.
Note: total administrative expense per participant =
total administrative expenses ÷ total participants
United Property Associates 401(K) Plan has these standings among those 59 peer plans:
- total administrative expense per participant = $89.40 (5th-highest)
- total administrative expenses = $13,589 (7th-highest)
- total participants = 152 (28th-fewest)
Visualize
Peers
better than Community Development, Inc. With Somerset Pacific, LLC 403(B) Plan in Garden City, ID ($190.41), Bldg II Management Co., LLC 401(K) Plan in Denver, CO ($121.94), Lynd Management Group LLC 401(K) Plan in San Antonio, TX ($104.82), and Great North Property Management, Inc. 401(K) Plan in Exeter, NH ($96.79).
exceeded Paramount Hospitality Management 401(K) Plan in Atlanta, GA ($85.00), Reliant Building Services 401(K) Plan in Brooklyn, NY ($84.53), Springwood Hospitality, LLC 401(K) Plan in York, PA ($74.15), and Assero Services 401(K) Plan in Newtown, PA ($72.62), and others, ending with Christy and Associates Inc. 401(K) Plan in Marietta, OH ($0.00).
exceeded Paramount Hospitality Management 401(K) Plan in Atlanta, GA ($85.00), Reliant Building Services 401(K) Plan in Brooklyn, NY ($84.53), Springwood Hospitality, LLC 401(K) Plan in York, PA ($74.15), and Assero Services 401(K) Plan in Newtown, PA ($72.62), and others, ending with Christy and Associates Inc. 401(K) Plan in Marietta, OH ($0.00).
References
- whose industry group is. The industry group is the first four digits from the six-digit NAICS business code, Line 2d in Form 5500, which best describes the nature of the plan sponsor’s business, from the available list. If more than one employer or employee organization is involved, filers are asked to enter the business code for the main business activity of the employer and/or employee organizations. Except where noted, all data come from the 25-July-2024 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
- 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, separated participants who are still living, and 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-July-2024 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.