Irvine Management Company 401(k) Review & Grade
Irvine Company Unified Savings Plan
Newport Beach, CAReal Estate & Rental3,020 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$5,102Employer $ per active participant
$8,440Employee $ saved per active participant
0.04%Direct admin cost, % of plan assets
$584.4MNet plan assets, end of year
$145,915Average balance per account
Score breakdown
- Employer generosity46.9 / 5094th percentile for employer $ per participant
- Low cost20.9 / 2584th percentile for low admin cost vs. same-size plans
- Employee saving13.5 / 1590th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score81 / 100 · Grade A
This plan vs. peers
Peers: Real Estate & Rental plans with 2,500–9,999 active participants (50 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 94th |
| Lower admin cost | 84th |
| Employee saving | 90th |
| Peers that auto-enroll | 46% |
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Red flags from the filing
Corrective distributions: the plan refunded $23,811 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Irvine Management put in about $5,102 per active participant, more than the typical peer ($1,141). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $15,406,508 |
| Participant (employee) contributions | $25,485,306 |
| Other contributions (incl. rollovers in) | $3,647,882 |
| Administrative expenses paid from the plan | $219,124 |
| Other admin expenses | $219,124 |
| Benefits paid out | $52,658,419 |
| Net assets, start / end of year | $511.5M / $584.4M |
| Active participants, start / end of year | 3,305 / 2,734 |
| Participants with account balances | 4,005 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Ernst & Young LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $154,732 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250929164812NAL0005146947001, received 2025-09-29, EIN 82-1749352, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.