Plan Snapshot
- Plan Sponsor: Avalonbay Communities, INC.
- Sponsor EIN: 770404318
- Sponsor Address: 4040 WILSON BLVD., ARLINGTON, VA, 22203
- Plan Type: 401(k)
- Total Participants: 3,023
- Total Assets: $384.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 3,023 | $384.8M | $8.9M | $23.1M |
| 2023 | 2,931 | $329.0M | $7.4M | $20.9M |
| 2022 | 2,848 | $270.4M | $6.7M | $19.7M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $243,232 | — | $243,232 |
| CREATIVE PLANNING | INVESTMENT ADVISOR | $26,667 | — | $26,667 |
| MORGAN STANLEY | INVESTMENT ADVISOR | $21,352 | — | $21,352 |
| ERNST AND YOUNG | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- CREATIVE PLANNING — INVESTMENT ADVISOR
- MORGAN STANLEY — INVESTMENT ADVISOR
- ERNST AND YOUNG — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $291,251
- Estimated Expense Ratio: 0.076% 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 | $291,250 | $48,018 | $1,500 | — | — |
| 2023 | $272,366 | $40,000 | $300 | — | — |
| 2022 | $287,781 | — | — | — | — |