Independence Realty Operating Partnership 401(k) match, vesting and fees
What Independence Realty Operating Partnership's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Voya Retirement Ins and Annuity Co. | 2023 Schedule C ↗ |
| Independent auditor | Baker Tilly US LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
The recordkeeper is from the plan year 2023 filing, the latest that names one. The other rows are from the plan year 2024 filing.
How the plan compares
Plan year 2024 medians for 655 defined-contribution plans in finance and insurance with 500 to 999 participants.
| Independence Realty Operating Partnership: employer contribution per participant | $1,695 | |
| Peer median | $2,935 |
| Independence Realty Operating Partnership: average balance | $33,831 | |
| Peer median | $92,770 |
| Independence Realty Operating Partnership: admin expenses ÷ assets | 0.23% | |
| Peer median | 0.15% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $13.1M at the end of plan year 2021 to $30.2M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 1,294 | $30.2M | $1.5M | $1,695 | 0.23% | Not published | Form 5500 ↗ |
| 2023 | 1,390 | $25.6M | $1.5M | $1,820 | 0.41% | Not published | Form 5500 ↗ |
| 2022 | 716 | $12.2M | $798K | $2,068 | 0.19% | Not published | Form 5500 ↗ |
| 2021 | 528 | $13.1M | $599K | $1,985 | 0.22% | Not published | Form 5500 ↗ |
Common questions
Does Independence Realty Operating Partnership match 401(k) contributions?
The match terms for the Independence Realty Operating Partnership 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $1.5M in employer contributions, about $1,695 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Independence Realty Operating Partnership 401(k) match vested?
The vesting schedule for the Independence Realty Operating Partnership 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Independence Realty Operating Partnership 401(k)?
The recordkeeper listed on Schedule C of the plan year 2023 filing is Voya Retirement Ins and Annuity Co.. The plan administrator is Independence Realty Operating Partnership, LP.
I left Independence Realty Operating Partnership. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Independence Realty Operating Partnership, LP, (312) 924-1600) or the recordkeeper, Voya Retirement Ins and Annuity Co.. The Independence Realty Operating Partnership old 401(k) page lists the contacts from every plan filing. Find an old Independence Realty Operating Partnership 401(k)
Data from the public Form 5500 annual reports Independence Realty Operating Partnership filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Independence Realty Operating Partnership. Not financial advice. Report a correction · Methodology