Plan Ledger DOL Form 5500 · updated monthly

Brook Furniture Rental, Inc.401(k)

BROOK FURNITURE RENTAL, INC. 401(K) SAVINGS PLAN · LAKE FOREST, IL · plan year 2022

Reported admin expense ratio · 2022
0.01%

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

Brook Furniture Rental, Inc. reported $585 in plan administrative expenses for 2022: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 1 year on file its reported administrative ratio rose from 0.01% to 0.06%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Illinois (2,515th of 3,702), and 1,206th of 2,096 in real estate & leasing.

Plan summary
Net assets, end of year$8,655,391
Participants with balances136
Active participants141
Employer contributions$0
Employee contributions$331,710
Employer contribution per active participant$0
Average account balance$63,643
Benefits paid to participants$2,294,365
Plan auditUnmodified (clean) audit opinion
AuditorJMM CPA
Plan history2
Yearassets · accounts · employer contribution
2023$41K · 2 accts · $24K emplr
2022$8.7M · 136 accts
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$585
Total administrative$585
The Brook Furniture Rental, Inc. 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$2,266

Brook Furniture Rental, Inc.'s 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$2,434 · 0.06%
2022$585 · 0.01%
Similar plansReal Estate & Leasing · Illinois
Pangea Ventures, LLC IL$9.7M · 0.04%
Metro Storage LLC IL$9.4M · 0.47%
New Home Star Corp. IL$8.2M · 0.28%
Jvm Realty Corporation IL$7.9M · 0.78%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363008756 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.