Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › Empire State Realty OP
Empire State Realty OP 401(k)
- ESBA NYSE
- Real estate and rental and leasing
- New York, NY
- EIN 45-4685158
- 1 plan with Schedule H financials
- Plan year 2024
- Empire State Realty OP, L.P.
Administrative expenses excluding investment management, per participant · Empire State Realty Trust 401(k) Plan · plan year 2024
$163.24
Higher than 65% of the 24,371 plans $10 to 50M that report it.
Source
= $51,421 / 315
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251010104517NAL0007971889001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010104517NAL0007971889001, received 2025-10-10
Percentiles compare this plan with the Schedule H plans $10 to 50M 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 2025-10-10.
Cost and contributions
Administrative expenses per participant
$284.24
Higher than 69% of the 25,098 plans $10 to 50M that report it.
Source
= $89,537 / 315
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251010104517NAL0007971889001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010104517NAL0007971889001, received 2025-10-10
Administrative expenses as a share of assets
0.215%
Higher than 37% of the 25,132 plans $10 to 50M that report it.
Source
= $89,537 / $41,578,944
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251010104517NAL0007971889001, received 2025-10-10
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251010104517NAL0007971889001, received 2025-10-10
Employer contributions per participant
$4,364
Higher than 88% of the 24,050 plans $10 to 50M that report it.
Source
= $1,374,700 / 315
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251010104517NAL0007971889001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010104517NAL0007971889001, received 2025-10-10
Employer share of total contributions
33.3%
Higher than 70% of the 24,084 plans $10 to 50M that report it.
Source
= $1,374,700 / $4,125,503
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251010104517NAL0007971889001, received 2025-10-10
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251010104517NAL0007971889001, received 2025-10-10
Plan terms, as stated in Empire State Realty OP, L.P.'s SEC filings
Plan terms are described in Empire State Realty OP, L.P.'s SEC filings: Form 10-K filed 2026-03-02. No term could be quoted from them with the required precision.
Plan features
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2R participant brokerage window · 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 20251010104517NAL0007971889001, received 2025-10-10
Full record, Empire State Realty Trust 401(k) Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | EMPIRE STATE REALTY OP, L.P. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251010104517NAL0007971889001, received 2025-10-10 |
| Plan name | EMPIRE STATE REALTY TRUST 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251010104517NAL0007971889001, received 2025-10-10 |
| Sponsor EIN / plan number | 45-4685158 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251010104517NAL0007971889001, received 2025-10-10 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251010104517NAL0007971889001, received 2025-10-10 |
| Sponsor location | NEW YORK, NY | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251010104517NAL0007971889001, received 2025-10-10 |
| Industry (business code) | 531120, Real estate and rental and leasing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251010104517NAL0007971889001, received 2025-10-10 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251010104517NAL0007971889001, received 2025-10-10 |
| Filing received | 2025-10-10 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251010104517NAL0007971889001, received 2025-10-10 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251010104517NAL0007971889001, received 2025-10-10 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251010104517NAL0007971889001, received 2025-10-10 |
| Participants, beginning of year | 363 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251010104517NAL0007971889001, received 2025-10-10 |
| Active participants | 235 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251010104517NAL0007971889001, received 2025-10-10 |
| Participants, end of year | 327 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251010104517NAL0007971889001, received 2025-10-10 |
| Participants with an account balance | 315 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010104517NAL0007971889001, received 2025-10-10 |
| Total assets, beginning of year | $37,825,148 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251010104517NAL0007971889001, received 2025-10-10 |
| Total assets, end of year | $41,578,944 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251010104517NAL0007971889001, received 2025-10-10 |
| Net assets, end of year | $41,578,944 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251010104517NAL0007971889001, received 2025-10-10 |
| Total income | $9,744,216 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251010104517NAL0007971889001, received 2025-10-10 |
| Net income | $3,753,796 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251010104517NAL0007971889001, received 2025-10-10 |
| Employer contributions | $1,374,700 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251010104517NAL0007971889001, received 2025-10-10 |
| Participant contributions | $2,384,318 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251010104517NAL0007971889001, received 2025-10-10 |
| Other contributions (incl. rollovers) | $366,485 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251010104517NAL0007971889001, received 2025-10-10 |
| Total contributions | $4,125,503 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251010104517NAL0007971889001, received 2025-10-10 |
| Benefit payments | $5,900,883 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251010104517NAL0007971889001, received 2025-10-10 |
| Total expenses (incl. benefit payments) | $5,990,420 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251010104517NAL0007971889001, received 2025-10-10 |
| Total administrative expenses | $89,537 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251010104517NAL0007971889001, received 2025-10-10 |
| Contract administrator fees | $51,421 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251010104517NAL0007971889001, received 2025-10-10 |
| Investment advisory and management fees | $38,116 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251010104517NAL0007971889001, received 2025-10-10 |
| Administrative expenses excluding investment management | $51,421 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251010104517NAL0007971889001, received 2025-10-10 |
| Held in mutual funds | $31,042,859 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251010104517NAL0007971889001, received 2025-10-10 |
| Independent auditor | ARMANINO LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251010104517NAL0007971889001, received 2025-10-10 |
Position = column in the DOL layout for form year 2024. Filing 20251010104517NAL0007971889001, received 2025-10-10.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANYrecordkeeper | CONTRACT ADMINISTRATOR | 13 Contract administrator; 37 Participant loan processing; 50 Direct payment from the plan; 64 Recordkeeping fees | $51,363 | yes |
| UBS FINANCIAL SERVICES INC | INVESTMENT ADVISORY | 27 Investment advisory (plan); 50 Direct payment from the plan | $38,108 | yes |
| MORNINGSTAR INVESTMENT MANAGEMENT L | INV ADV, PARTICIPANTS | 26 Investment advisory (participants); 70 Consulting fees | $0 | yes |
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 20251010104517NAL0007971889001, received 2025-10-10.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $37,825,148 | $41,578,944 | 9.9% |
| Participants with a balance | 315 | 315 | 0.0% |
| Administrative expenses | $72,867 | $89,537 | 22.9% |
| Recordkeeping fees per participant | not reported | not reported | |
| Employer contributions | $1,368,782 | $1,374,700 | 0.4% |
Prior filing 20241014200433NAL0027075697001, received 2024-10-14; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: EMPIRE STATE REALTY OP, L.P.; SEC registrant: Empire State Realty OP, L.P. (CIK 1553079, matched by EIN; display name from the Form 10-K cover).