Plan Ledger DOL Form 5500 · updated monthly

Highland Management Group Inc.401(k)

HIGHLAND MANAGEMENT GROUP INC. 401(K) PLAN · EDINA, MN · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Highland Management Group Inc. reported $27,991 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $854 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 0.33% to 0.27%. 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 among the smaller plans on file in Minnesota (1,253rd of 1,918), and 1,055th of 2,096 in real estate & leasing. In 2024, employees put in $2.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,889,426
Participants with balances91
Active participants160
Employer contributions$136,592
Employee contributions$389,949
Employer contribution per active participant$854
Average account balance$119,664
Benefits paid to participants$733,696
Plan auditUnmodified (clean) audit opinion
AuditorABDO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$10.9M · 91 accts · $137K emplr
2023$10.0M · 101 accts · $137K emplr
2022$8.2M · 106 accts · $133K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,010
Investment management$19,981
Total administrative$27,991
The Highland Management Group Inc. 401(k) match · 2024
Employer contribution per active participant$854
Median for plans this size$2,416
2024$854 per active participant
2023$892 per active participant
2022$912 per active participant

Highland Management Group Inc.'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 · 20243
GALLAGHER BENEFIT SERVICES INC DBA · Investment advisory (plan)$10,000
EMPOWER ADVISORY GROUP, LLC · Investment management$9,981

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$27,991 · 0.27%
2023$23,769 · 0.26%
2022$29,246 · 0.33%
Same employer
Similar plansReal Estate & Leasing · Minnesota
SA Support Services, Inc. MN$12.5M · 0.56%
Great Lakes Management MN$11.5M · 1.10%
Stuartco MN$11.2M · 0.64%
Grace Management, Inc. MN$10.5M · 0.98%
Doran Companies LLC MN$9.9M · 0.03%
Roers Companies MN$8.9M · 0.77%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411655317 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.