Plan Ledger DOL Form 5500 · updated monthly

Hercules Real Estate Services, Inc.401(k)

HERCULES REAL ESTATE SERVICES, INC. 401K PLAN · VIRGINIA BEACH, VA · plan year 2022

Reported admin expense ratio · 2022
0.37%

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

Hercules Real Estate Services, Inc. reported $16,780 in plan administrative expenses for 2022: 0.37% of average plan assets, below the peer median. Employer contributions averaged $1,127 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Virginia (1,960th of 2,266), and 1,687th of 2,096 in real estate & leasing. In 2022, employees put in $3.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,506,211
Participants with balances61
Active participants27
Employer contributions$30,433
Employee contributions$119,941
Employer contribution per active participant$1,127
Average account balance$57,479
Benefits paid to participants$1,326,345
Plan auditUnmodified (clean) audit opinion
AuditorZUKERMAN & ASSOCIATES, LTD
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$16,780
Total administrative$16,780
The Hercules Real Estate Services, Inc. 401(k) match · 2022
Employer contribution per active participant$1,127
Median for plans this size$1,114

Hercules Real Estate Services, Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$16,780 · 0.37%
Similar plansReal Estate & Leasing · Virginia
Evertree Insurance LLC VA$5.1M · 1.19%
Remine, Inc. VA$1.6M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541774315 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.