What are the fees in the Level Office Management, LLC 401(k) plan?

For plan year 2022, Level Office Management, LLC reported $55 in plan administrative expenses, or 0.05% of average plan assets — lower than ~75% of peers. Fund-level expense ratios are not included in public filings.

What is the average account balance in the Level Office Management, LLC 401(k)?

The average participant account balance was $4,448 for plan year 2022, based on 25 accounts.

Level Office Management, LLC401(k)

Name: Level Office Management, LLC 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

EXPANSIVE 401(K) PLAN · CHICAGO, IL · plan year 2022

Reported admin expense ratio · 2022

0.05%

Level Office Management, LLC reported $55 in plan administrative expenses for 2022: 0.05% of average plan assets, lower than ~75% of peers. 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Illinois (3,655th of 3,702), and 2,074th of 2,096 in real estate & leasing.

Plan summary
Net assets, end of year$111,191
Participants with balances25
Active participants114
Employer contributions—
Employee contributions$111,285
Employer contribution per active participant—
Average account balance$4,448
Benefits paid to participants$139
Plan auditUnmodified (clean) audit opinion
AuditorMCMAHON & ASSOCIATES CPAS P.C.

What these fees cost you

Your balance

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$55 · 0.05%

Similar plansReal Estate & Leasing · Illinois
Prairie Management and Developme IL$1.5M · 0.08%
M2 Property Group, LLC IL$822K · 0.30%
Act Appraisal Management Inc. IL$748K · 0.09%
Planned Property Management In IL$193K · 0.92%
Ir Payroll Services, Inc. TX$127K · 0.03%
Sunquest Properties, Inc LA$125K · 1.15%
Stellar Communities, L.L.C. TX$123K · 2.31%
Torrey Pines Property Management, Inc. CA$112K · 0.04%

Why are you looking at this plan?

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Source: U.S. Department of Labor, Form 5500 series, EIN 463337078 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.