Plan Ledger DOL Form 5500 · updated monthly

Horizon Group Properties 401(K) Plan401(k)

HORIZON GROUP PROPERTIES 401(K) PLAN · ROSEMONT, IL · plan year 2022

Reported admin expense ratio · 2022
0.26%

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

Horizon Group Properties 401(K) Plan reported $25,970 in plan administrative expenses for 2022: 0.26% of average plan assets, below the peer median. Employer contributions averaged $1,508 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 26,806 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Illinois (2,469th of 3,702), and 1,172nd of 2,096 in real estate & leasing. In 2022, employees put in $1.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,092,424
Participants with balances71
Active participants102
Employer contributions$153,810
Employee contributions$282,983
Employer contribution per active participant$1,508
Average account balance$128,062
Benefits paid to participants$634,857
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$25,970
Total administrative$25,970
The Horizon Group Properties 401(K) Plan 401(k) match · 2022
Employer contribution per active participant$1,508
Median for plans this size$2,266

Horizon Group Properties 401(K) Plan's 2022 employer contribution ran below the $2,266 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$25,970 · 0.26%
Similar plansReal Estate & Leasing · Illinois
Zeller Realty Corporation IL$9.8M · 0.51%
Pangea Ventures, LLC IL$9.7M · 0.04%
Metro Storage LLC IL$9.4M · 0.47%
New Home Star Corp. IL$8.2M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383407933 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.