Plan Ledger DOL Form 5500 · updated monthly

Jrd Maxx Properties401(k)

MAXX PROPERTIES 401(K) PLAN · PURCHASE, NY · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Jrd Maxx Properties reported $35,016 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $903 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 3 years on file its reported administrative ratio has held roughly steady near 0.236%. 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 New York (2,837th of 5,648), and the 793rd of 2,096 in real estate & leasing. In 2024, employees put in $5.01 for every $1.00 the employer contributed; active participation has grown from 215 to 254 since 2022.

Plan summary
Net assets, end of year$16,176,338
Participants with balances165
Active participants254
Employer contributions$229,452
Employee contributions$1,148,999
Employer contribution per active participant$903
Average account balance$98,038
Benefits paid to participants$1,209,392
Plan auditUnmodified (clean) audit opinion
AuditorRBT CPAS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$16.2M · 165 accts · $229K emplr
2023$13.5M · 152 accts · $212K emplr
2022$11.0M · 148 accts · $217K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,795
Investment management$28,221
Total administrative$35,016
The Jrd Maxx Properties 401(k) match · 2024
Employer contribution per active participant$903
Median for plans this size$2,416
2024$903 per active participant
2023$911 per active participant
2022$1,008 per active participant

Jrd Maxx 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 · 20243
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$28,221
ADP, INC. · Loan processing · Recordkeeping$6,794
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, Bank of America / Merrill
2023ADP, Bank of America / Merrill

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Administrative cost history3
2024$35,016 · 0.24%
2023$23,105 · 0.19%
2022$28,869 · 0.24%
Same employer
Similar plansReal Estate & Leasing · New York
Postworks New York, LLC NY$17.4M · 0.12%
Gotham Operations, LLC NY$17.3M · 0.37%
Rotterdam Ventures, Inc. NY$17.2M · 0.34%
Fsc Realty Management LLC NY$16.4M · 0.25%
Muss Development, LLC NY$16.1M · 0.15%
Dovedale Sales Corp. NY$16.0M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133446651 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.