# Ares Management LLC 401(k) Plan
Source: https://planprovider.pro/companies/ares-management-llc-401k-plan

> Ares Management LLC&#39;s 401(k) plan: 2,003 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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](https://planprovider.pro/provider/morgan-stanley) — INVESTMENT ADVISOR

- [MORGAN STANLEY GLOBAL BANKING OPER](https://planprovider.pro/provider/jp-morgan-asset-management) — INVESTMENT ADVISOR

- [VASQUEZ & COMPANY LLP](https://planprovider.pro/provider/vasquez-and-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|—|—|—|—|

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