Plan Snapshot
- Plan Sponsor: Ares Management LLC
- Sponsor EIN: 272078839
- Sponsor Address: 2000 AVENUE OF THE STARS, LOS ANGELES, CA, 90067
- Plan Type: 401(k)
- Total Participants: 2,003
- Total Assets: $518.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,003 | $518.6M | $15.9M | $40.9M |
| 2023 | 1,837 | $399.3M | $14.5M | $35.9M |
| 2022 | 1,728 | $287.4M | $13.7M | $30.8M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| MORGAN STANLEY | INVESTMENT ADVISOR | $112,286 | — | $112,286 |
| MORGAN STANLEY GLOBAL BANKING OPER | INVESTMENT ADVISOR | $46,355 | — | $46,355 |
| VASQUEZ & COMPANY LLP | ACCOUNTANT/AUDITOR | $21,630 | — | $21,630 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY — INVESTMENT ADVISOR
- MORGAN STANLEY GLOBAL BANKING OPER — INVESTMENT ADVISOR
- VASQUEZ & COMPANY LLP — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $180,271
- Estimated Expense Ratio: 0.035% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $82,687 | $158,641 | $900 | $21,630 | — |
| 2023 | $171,945 | $169,639 | — | $19,570 | — |
| 2022 | $211,022 | — | — | — | — |