Employers › AvalonBay Communities
Recordkeeping fees per participant · Avalonbay Communities, Inc. Associates Savings Plan · plan year 2024
$59.72
Higher than 64% of the 1,697 plans $250M to 1B that report it.
= $241,732 / 4,048
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250613152254NAL0013684963001, received 2025-06-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250613152254NAL0013684963001, received 2025-06-13
Percentiles compare this plan with the Schedule H plans $250M to 1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-06-13.
Administrative expenses excluding investment management, per participant
$60.09
Higher than 43% of the 2,324 plans $250M to 1B that report it.
= $243,232 / 4,048
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250613152254NAL0013684963001, received 2025-06-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250613152254NAL0013684963001, received 2025-06-13
Administrative expenses per participant
$71.95
Higher than 38% of the 2,405 plans $250M to 1B that report it.
= $291,250 / 4,048
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250613152254NAL0013684963001, received 2025-06-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250613152254NAL0013684963001, received 2025-06-13
Administrative expenses as a share of assets
0.076%
Higher than 52% of the 2,407 plans $250M to 1B that report it.
= $291,250 / $384,791,908
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250613152254NAL0013684963001, received 2025-06-13
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250613152254NAL0013684963001, received 2025-06-13
Employer contributions per participant
$2,187
Higher than 30% of the 2,457 plans $250M to 1B that report it.
= $8,850,978 / 4,048
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250613152254NAL0013684963001, received 2025-06-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250613152254NAL0013684963001, received 2025-06-13
Employer share of total contributions
24.8%
Higher than 29% of the 2,459 plans $250M to 1B that report it.
= $8,850,978 / $35,757,354
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250613152254NAL0013684963001, received 2025-06-13
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250613152254NAL0013684963001, received 2025-06-13
Plan terms are described in AvalonBay Communities, Inc.'s SEC filings: Form 11-K filed 2026-03-20 and Form 10-K filed 2026-02-27. No term could be quoted from them with the required precision.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250613152254NAL0013684963001, received 2025-06-13
| Field | Value | Source |
|---|---|---|
| Plan sponsor | AVALONBAY COMMUNITIES, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250613152254NAL0013684963001, received 2025-06-13 |
| Plan name | AVALONBAY COMMUNITIES, INC. ASSOCIATES SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250613152254NAL0013684963001, received 2025-06-13 |
| Sponsor EIN / plan number | 77-0404318 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250613152254NAL0013684963001, received 2025-06-13 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250613152254NAL0013684963001, received 2025-06-13 |
| Sponsor location | ARLINGTON, VA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250613152254NAL0013684963001, received 2025-06-13 |
| Industry (business code) | 531110, Real estate and rental and leasing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250613152254NAL0013684963001, received 2025-06-13 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250613152254NAL0013684963001, received 2025-06-13 |
| Filing received | 2025-06-13 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250613152254NAL0013684963001, received 2025-06-13 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250613152254NAL0013684963001, received 2025-06-13 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250613152254NAL0013684963001, received 2025-06-13 |
| Participants, beginning of year | 4,190 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250613152254NAL0013684963001, received 2025-06-13 |
| Active participants | 3,023 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250613152254NAL0013684963001, received 2025-06-13 |
| Participants, end of year | 4,268 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250613152254NAL0013684963001, received 2025-06-13 |
| Participants with an account balance | 4,048 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250613152254NAL0013684963001, received 2025-06-13 |
| Total assets, beginning of year | $328,952,034 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250613152254NAL0013684963001, received 2025-06-13 |
| Total assets, end of year | $384,791,908 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250613152254NAL0013684963001, received 2025-06-13 |
| Net assets, end of year | $384,791,908 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250613152254NAL0013684963001, received 2025-06-13 |
| Total income | $89,373,702 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250613152254NAL0013684963001, received 2025-06-13 |
| Net income | $55,839,874 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250613152254NAL0013684963001, received 2025-06-13 |
| Employer contributions | $8,850,978 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250613152254NAL0013684963001, received 2025-06-13 |
| Participant contributions | $23,077,342 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250613152254NAL0013684963001, received 2025-06-13 |
| Other contributions (incl. rollovers) | $3,829,034 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250613152254NAL0013684963001, received 2025-06-13 |
| Total contributions | $35,757,354 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250613152254NAL0013684963001, received 2025-06-13 |
| Benefit payments | $33,259,020 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250613152254NAL0013684963001, received 2025-06-13 |
| Total expenses (incl. benefit payments) | $33,533,828 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250613152254NAL0013684963001, received 2025-06-13 |
| Total administrative expenses | $291,250 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250613152254NAL0013684963001, received 2025-06-13 |
| Contract administrator fees | $1,500 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250613152254NAL0013684963001, received 2025-06-13 |
| Recordkeeping fees | $241,732 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250613152254NAL0013684963001, received 2025-06-13 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250613152254NAL0013684963001, received 2025-06-13 |
| Investment advisory and management fees | $48,018 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250613152254NAL0013684963001, received 2025-06-13 |
| Administrative expenses excluding investment management | $243,232 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250613152254NAL0013684963001, received 2025-06-13 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250613152254NAL0013684963001, received 2025-06-13 |
| Held in common/collective trusts | $211,894,032 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250613152254NAL0013684963001, received 2025-06-13 |
| Held in mutual funds | $167,008,146 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250613152254NAL0013684963001, received 2025-06-13 |
| Independent auditor | ERNST AND YOUNG | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250613152254NAL0013684963001, received 2025-06-13 |
Position = column in the DOL layout for form year 2024. Filing 20250613152254NAL0013684963001, received 2025-06-13.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees | $243,232 | yes |
| CREATIVE PLANNING | INVESTMENT ADVISOR | 27 Investment advisory (plan) | $26,667 | no |
| MORGAN STANLEY | INVESTMENT ADVISOR | 27 Investment advisory (plan) | $21,352 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250613152254NAL0013684963001, received 2025-06-13.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $328,952,034 | $384,791,908 | 17.0% |
| Participants with a balance | 4,054 | 4,048 | -0.1% |
| Administrative expenses | $272,366 | $291,250 | 6.9% |
| Recordkeeping fees per participant | $57.24 | $59.72 | 4.3% |
| Employer contributions | $7,417,477 | $8,850,978 | 19.3% |
Prior filing 20240628133334NAL0000451411001, received 2024-06-28; the plan years are contiguous.
Sponsor name as filed: AVALONBAY COMMUNITIES, INC.; SEC registrant: AVALONBAY COMMUNITIES INC (CIK 915912, matched by EIN; display name from the Form 11-K cover).