Plan Ledger DOL Form 5500 · updated monthly

Brookfield Asset Management LLC401(k)

BROOKFIELD 401(K) SAVINGS PLAN · CLEVELAND, OH · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Brookfield Asset Management LLC reported $955,665 in plan administrative expenses for 2024: 0.08% of average plan assets, higher than ~75% of peers. Employer contributions averaged $7,517 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 fell from 0.09% to 0.08%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 47th-largest of 3,295 plans among Ohio employers on file, and the 6th of 2,096 in real estate & leasing. In 2024, employees put in $1.60 for every $1.00 the employer contributed; active participation has shrunk from 5,827 to 4,793 since 2022.

Plan summary
Net assets, end of year$1,226,057,208
Participants with balances8,124
Active participants4,793
Employer contributions$36,026,632
Employee contributions$57,733,195
Employer contribution per active participant$7,517
Average account balance$150,918
Benefits paid to participants$180,933,103
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.2B · 8,124 accts · $36.0M emplr
2023$1.1B · 8,487 accts · $38.4M emplr
2022$987.8M · 8,685 accts · $34.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$554,531
Investment management$306,655
Audit (IQPA)$94,479
Total administrative$955,665
The Brookfield Asset Management LLC 401(k) match · 2024
Employer contribution per active participant$7,517
Median for plans this size$5,259
2024$7,517 per active participant
2023$7,460 per active participant
2022$5,937 per active participant

Brookfield Asset Management LLC's 2024 employer contribution ran above the $5,259 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 · 20246
EMPOWER ANNUITY INSURANCE CO OF AME · Recordkeeping · Loan processing$460,676
MG TRUST COMPANY · Investment advisory (participants)$206,405
NEPC LLC · Legal · Contract administrator$100,000
EMPOWER ADVISORY GROUP, LLC · Investment advisory (participants)$93,855
BAKER TILLY US LLP · Accounting / audit$68,250
WINSTON & STRAWN LLP · Legal$26,229

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

Recordkeeper by year2
2024Empower
2023Empower

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

Administrative cost history3
2024$955,665 · 0.08%
2023$1,027,040 · 0.10%
2022$929,609 · 0.09%
Similar plansReal Estate & Leasing · Ohio
Cbre Services, Inc. TX$4.9B · 0.05%
Sunbelt Rentals, Inc. SC$1.2B · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204473811 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.