Plan Ledger DOL Form 5500 · updated monthly

Barkan Management Company, Inc.401(k)

THE BARKAN COMPANIES 401(K) PLAN · NEWTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.08%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Barkan Management Company, Inc. reported $33,879 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,198 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.04% to 0.08%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 775th-largest of 2,726 plans among Massachusetts employers on file, and the 326th of 2,096 in real estate & leasing. In 2024, employees put in $1.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$43,327,078
Participants with balances665
Active participants671
Employer contributions$1,475,116
Employee contributions$2,933,548
Employer contribution per active participant$2,198
Average account balance$65,154
Benefits paid to participants$7,300,446
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$43.3M · 665 accts · $1.5M emplr
2023$40.7M · 627 accts · $1.2M emplr
2022$34.5M · 584 accts · $1.2M emplr
The Barkan Management Company, Inc. 401(k) match · 2024
Employer contribution per active participant$2,198
Median for plans this size$2,416
2024$2,198 per active participant
2023$2,110 per active participant
2022$1,862 per active participant

Barkan Management Company, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
COHNREZNICK · Accounting / audit$26,904
NOVOGRADAC & COMPANY LLP · Accounting / audit$19,950
MML INVESTOR SERVICES LLCindirect comp
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$33,879 · 0.08%
2023Not separately reported
2022$14,379 · 0.04%
Same employer
Similar plansReal Estate & Leasing · Massachusetts
Ta Realty LLC MA$61.7M · 0.11%
Ws Asset Management, Inc. MA$54.4M · 0.27%
New England Business Trust MA$45.8M · 0.28%
Chestnut Hill Realty Corp. MA$43.3M · 0.34%
Peabody Properties, Inc. MA$40.4M · 0.43%
Cresa Partners Boston Inc MA$39.9M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042724804 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.