Plan Ledger DOL Form 5500 · updated monthly

Grenadier Realty Corp401(k)

GRENADIER REALTY CORP. 401(K) PROFIT SHARING PLAN · BROOKLYN, NY · plan year 2020

Reported admin expense ratio · 2020
0.52%

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

Grenadier Realty Corp reported $73,445 in plan administrative expenses for 2020: 0.52% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,613 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 106 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in New York (3,136th of 5,648), and the 910th of 2,096 in real estate & leasing. In 2020, employees put in $1.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,528,702
Participants with balances181
Active participants80
Employer contributions$209,027
Employee contributions$337,870
Employer contribution per active participant$2,613
Average account balance$74,744
Benefits paid to participants$2,433,541
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2020
Recordkeeping & contract admin$69,042
Investment management$2,563
Total administrative$73,445
The Grenadier Realty Corp 401(k) match · 2020
Employer contribution per active participant$2,613
Median for plans this size$1,627

Grenadier Realty Corp's 2020 employer contribution ran above the $1,627 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 2020 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2020$73,445 · 0.52%
Similar plansReal Estate & Leasing · New York
Dlc Management Corporation NY$14.6M · 0.26%
United Payroll, LLC NY$13.1M · 0.16%
Thor Equities, LLC NY$11.8M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132869332 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.