Plan Ledger DOL Form 5500 · updated monthly

Mado Management, L.P.401(k)

MADO MANAGEMENT, L. P. 401(K) RETIREMENT PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
1.11%

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

Mado Management, L.P. reported $33,538 in plan administrative expenses for 2024: 1.11% of average plan assets, higher than ~75% of peers. Employer contributions averaged $155 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 rose from 0.72% to 1.11%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Illinois (3,200th of 3,702), and 1,704th of 2,096 in real estate & leasing. In 2024, employees put in $4.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,189,455
Participants with balances152
Active participants351
Employer contributions$54,359
Employee contributions$219,066
Employer contribution per active participant$155
Average account balance$20,983
Benefits paid to participants$228,955
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.2M · 152 accts · $54K emplr
2023$2.9M · 166 accts · $36K emplr
2022$2.4M · 190 accts · $47K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,888
Investment management$3,650
Total administrative$33,538
The Mado Management, L.P. 401(k) match · 2024
Employer contribution per active participant$155
Median for plans this size$1,313
2024$155 per active participant
2023$105 per active participant
2022$147 per active participant

Mado Management, L.P.'s 2024 employer contribution ran below the $1,313 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$31,412
PCF INSURANCE SERVICES OF THE WEST · Other servicesindirect comp
WILSHIRE ADVISORS · Investment advisory (plan)indirect comp

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$33,538 · 1.11%
2023$30,920 · 1.18%
2022$18,078 · 0.72%
Similar plansReal Estate & Leasing · Illinois
Rentalmax, LLC IL$4.2M · 0.19%
Synapse Health, Inc. IL$4.0M · 0.27%
Encore Hcs LLC IL$3.1M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363963193 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.