Employers › Vornado Realty
Recordkeeping fees per participant · Vornado Realty Trust 401(k) Plan · plan year 2024
$88.63
Higher than 65% of the 5,847 plans $50 to 250M that report it.
= $81,360 / 918
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251009140330NAL0011095552001, received 2025-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009140330NAL0011095552001, received 2025-10-09
Percentiles compare this plan with the Schedule H plans $50 to 250M 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 2025-10-09.
Administrative expenses excluding investment management, per participant
$88.63
Higher than 47% of the 8,758 plans $50 to 250M that report it.
= $81,360 / 918
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251009140330NAL0011095552001, received 2025-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009140330NAL0011095552001, received 2025-10-09
Administrative expenses per participant
$88.63
Higher than 31% of the 9,042 plans $50 to 250M that report it.
= $81,360 / 918
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251009140330NAL0011095552001, received 2025-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009140330NAL0011095552001, received 2025-10-09
Administrative expenses as a share of assets
0.035%
Higher than 14% of the 9,049 plans $50 to 250M that report it.
= $81,360 / $235,661,493
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251009140330NAL0011095552001, received 2025-10-09
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251009140330NAL0011095552001, received 2025-10-09
Employer contributions per participant
$5,144
Higher than 78% of the 9,105 plans $50 to 250M that report it.
= $4,721,885 / 918
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251009140330NAL0011095552001, received 2025-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009140330NAL0011095552001, received 2025-10-09
Employer share of total contributions
36.8%
Higher than 70% of the 9,112 plans $50 to 250M that report it.
= $4,721,885 / $12,834,995
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251009140330NAL0011095552001, received 2025-10-09
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251009140330NAL0011095552001, received 2025-10-09
Plan terms are described in Vornado Realty L.P.'s SEC filings: Form 10-K filed 2026-02-09. 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 · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251009140330NAL0011095552001, received 2025-10-09
| Field | Value | Source |
|---|---|---|
| Plan sponsor | VORNADO REALTY TRUST | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251009140330NAL0011095552001, received 2025-10-09 |
| Plan name | VORNADO REALTY TRUST 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251009140330NAL0011095552001, received 2025-10-09 |
| Sponsor EIN / plan number | 22-1657560 / 002 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251009140330NAL0011095552001, received 2025-10-09 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251009140330NAL0011095552001, received 2025-10-09 |
| Sponsor location | PARAMUS, NJ | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251009140330NAL0011095552001, received 2025-10-09 |
| Industry (business code) | 531390, Real estate and rental and leasing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251009140330NAL0011095552001, received 2025-10-09 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251009140330NAL0011095552001, received 2025-10-09 |
| Filing received | 2025-10-09 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251009140330NAL0011095552001, received 2025-10-09 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251009140330NAL0011095552001, received 2025-10-09 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251009140330NAL0011095552001, received 2025-10-09 |
| Participants, beginning of year | 966 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251009140330NAL0011095552001, received 2025-10-09 |
| Active participants | 582 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251009140330NAL0011095552001, received 2025-10-09 |
| Participants, end of year | 943 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251009140330NAL0011095552001, received 2025-10-09 |
| Participants with an account balance | 918 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009140330NAL0011095552001, received 2025-10-09 |
| Total assets, beginning of year | $210,143,212 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251009140330NAL0011095552001, received 2025-10-09 |
| Total assets, end of year | $235,661,493 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251009140330NAL0011095552001, received 2025-10-09 |
| Net assets, end of year | $235,661,493 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251009140330NAL0011095552001, received 2025-10-09 |
| Total income | $41,106,032 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251009140330NAL0011095552001, received 2025-10-09 |
| Net income | $25,518,281 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251009140330NAL0011095552001, received 2025-10-09 |
| Employer contributions | $4,721,885 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251009140330NAL0011095552001, received 2025-10-09 |
| Participant contributions | $7,707,032 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251009140330NAL0011095552001, received 2025-10-09 |
| Other contributions (incl. rollovers) | $406,078 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251009140330NAL0011095552001, received 2025-10-09 |
| Total contributions | $12,834,995 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251009140330NAL0011095552001, received 2025-10-09 |
| Benefit payments | $15,504,695 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251009140330NAL0011095552001, received 2025-10-09 |
| Total expenses (incl. benefit payments) | $15,587,751 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251009140330NAL0011095552001, received 2025-10-09 |
| Total administrative expenses | $81,360 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251009140330NAL0011095552001, received 2025-10-09 |
| Recordkeeping fees | $81,360 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251009140330NAL0011095552001, received 2025-10-09 |
| Administrative expenses excluding investment management | $81,360 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251009140330NAL0011095552001, received 2025-10-09 |
| Held in common/collective trusts | $49,778,717 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251009140330NAL0011095552001, received 2025-10-09 |
| Held in mutual funds | $183,845,018 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251009140330NAL0011095552001, received 2025-10-09 |
| Independent auditor | CBIZ CPA'S P. C. | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251009140330NAL0011095552001, received 2025-10-09 |
Position = column in the DOL layout for form year 2024. Filing 20251009140330NAL0011095552001, received 2025-10-09.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| MERRILL LYNCH, PIERCE, FENNER AND Srecordkeeper | RECORDKEEPER | 15 Recordkeeping and information management; 52 Investment management fees paid indirectly by plan; 60 Sub-transfer agency fees; 62 Float revenue; 72 Other investment fees and expenses | $81,359 | 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 20251009140330NAL0011095552001, received 2025-10-09.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $210,143,212 | $235,661,493 | 12.1% |
| Participants with a balance | 931 | 918 | -1.4% |
| Administrative expenses | $71,686 | $81,360 | 13.5% |
| Recordkeeping fees per participant | $77.00 | $88.63 | 15.1% |
| Employer contributions | $4,462,587 | $4,721,885 | 5.8% |
Prior filing 20241030151404NAL0001082800001, received 2024-10-30; the plan years are contiguous.
Sponsor name as filed: VORNADO REALTY TRUST; SEC registrant: VORNADO REALTY TRUST (CIK 899689, matched by EIN; display name from the Form 10-K cover).