Plan Ledger DOL Form 5500 · updated monthly

Equity Residential401(k)

EQUITY RESIDENTIAL ADVANTAGE RETIREMENT SAVINGS PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Equity Residential reported $127,105 in plan administrative expenses for 2024: 0.04% of average plan assets, below the peer median. Employer contributions averaged $2,328 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 0.038% to 0.041%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 225th-largest of 3,702 plans among Illinois employers on file, and the 34th of 2,096 in real estate & leasing. In 2024, employees put in $2.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$326,519,492
Participants with balances3,542
Active participants2,323
Employer contributions$5,408,563
Employee contributions$13,931,875
Employer contribution per active participant$2,328
Average account balance$92,185
Benefits paid to participants$32,031,381
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$326.5M · 3,542 accts · $5.4M emplr
2023$294.5M · 3,482 accts · $5.5M emplr
2022$255.9M · 3,550 accts · $5.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$127,105
Total administrative$127,105
The Equity Residential 401(k) match · 2024
Employer contribution per active participant$2,328
Median for plans this size$4,294
2024$2,328 per active participant
2023$2,481 per active participant
2022$2,304 per active participant

Equity Residential's 2024 employer contribution ran below the $4,294 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$127,102
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect 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$127,105 · 0.04%
2023$113,804 · 0.04%
2022$108,739 · 0.04%
Same employer
Similar plansReal Estate & Leasing · Illinois
Encore Group (USA), LLC IL$453.2M · 0.19%
Wheels, LLC IL$269.5M · 0.14%
Jmb Realty Corporation IL$244.9M · 0.02%
Avison Young (USA) Inc. IL$136.7M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133675988 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.