Plan Ledger DOL Form 5500 · updated monthly

Block Real Estate Services LLC401(k)

BLOCK REAL ESTATE SERVICES LLC 401K SAVINGS PLAN · KANSAS CITY, MO · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Block Real Estate Services LLC reported $16,594 in plan administrative expenses for 2024: 0.31% of average plan assets, below the peer median. Employer contributions averaged $223 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 0.25% to 0.31%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Missouri (1,049th of 1,393), and 1,439th of 2,096 in real estate & leasing. In 2024, employees put in $7.38 for every $1.00 the employer contributed; active participation has shrunk from 412 to 354 since 2022.

Plan summary
Net assets, end of year$5,701,371
Participants with balances159
Active participants354
Employer contributions$79,059
Employee contributions$583,266
Employer contribution per active participant$223
Average account balance$35,858
Benefits paid to participants$640,735
Plan auditUnmodified (clean) audit opinion
AuditorBERGANKDV, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$5.7M · 159 accts · $79K emplr
2023$5.1M · 85 accts · $87K emplr
2022$4.3M · 153 accts · $79K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,594
Total administrative$16,594
The Block Real Estate Services LLC 401(k) match · 2024
Employer contribution per active participant$223
Median for plans this size$1,313
2024$223 per active participant
2023$577 per active participant
2022$191 per active participant

Block Real Estate Services LLC's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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 · 20242
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$1,705
MARINER WEALTH ADVISORS LLC · Investment advisory (participants) · Investment advisory (plan)$13,723

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$16,594 · 0.31%
2023$12,972 · 0.28%
2022$11,676 · 0.25%
Similar plansReal Estate & Leasing · Missouri
Mills Group, Inc. MO$6.3M · 0.59%
Wilhoit Properties, Inc. MO$5.4M · 0.15%
Maco Management Co., Inc. MO$1.7M · 1.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270368121 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.