Plan Ledger DOL Form 5500 · updated monthly

Fogelman Properties401(k)

FOGELMAN PROPERTIES 401(K) PLAN · MEMPHIS, TN · plan year 2024

Reported admin expense ratio · 2024
0.66%

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

Fogelman Properties reported $140,102 in plan administrative expenses for 2024: 0.66% of average plan assets, higher than ~90% of peers. Employer contributions averaged $814 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 0.73% to 0.66%. 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 502nd-largest of 1,496 plans among Tennessee employers on file, and the 585th of 2,096 in real estate & leasing. In 2024, employees put in $3.76 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,980,359
Participants with balances608
Active participants611
Employer contributions$497,079
Employee contributions$1,870,501
Employer contribution per active participant$814
Average account balance$37,797
Benefits paid to participants$2,015,521
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.0M · 608 accts · $497K emplr
2023$19.8M · 586 accts · $355K emplr
2022$17.2M · 547 accts · $303K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$97,887
Investment management$42,215
Total administrative$140,102
The Fogelman Properties 401(k) match · 2024
Employer contribution per active participant$814
Median for plans this size$2,416
2024$814 per active participant
2023$558 per active participant
2022$523 per active participant

Fogelman Properties's 2024 employer contribution ran below the $2,416 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
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$97,888
GLOBAL RETIREMENT PARTNERS LLC · Consulting · Investment advisory (plan)$42,215

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$140,102 · 0.66%
2023$138,402 · 0.75%
2022$136,940 · 0.73%
Same employer
Similar plansReal Estate & Leasing · Tennessee
Boyle Investment Company TN$82.2M · 0.27%
Realty Trust Group, LLC TN$20.1M · 0.11%
Highland Ventures, LTD. TN$18.7M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621773993 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.