Plan Ledger DOL Form 5500 · updated monthly

Makor Management LLC401(k)

MAKOR MANAGEMENT LLC 401(K) PLAN · NEEDHAM, MA · plan year 2023

Reported admin expense ratio · 2023
1.33%

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

Makor Management LLC reported $37,633 in plan administrative expenses for 2023: 1.33% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,153 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 has held roughly steady near 1.34%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Massachusetts (2,500th of 2,726), and 1,743rd of 2,096 in real estate & leasing. In 2023, employees put in $1.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,901,748
Participants with balances113
Active participants73
Employer contributions$157,140
Employee contributions$266,720
Employer contribution per active participant$2,153
Average account balance$25,679
Benefits paid to participants$745,145
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$2.9M · 108 accts · $240K emplr
2023$2.9M · 113 accts · $157K emplr
The Makor Management LLC 401(k) match · 2023
Employer contribution per active participant$2,153
Median for plans this size$1,308
2024$3,038 per active participant
2023$2,153 per active participant

Makor Management LLC's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
COMMONWEALTH EQUITY SERVICES LLC · Investment advisory (plan)$13,818
ASCENSUS HOLDINGS INC DBA FUTUREPLA · Contract administrator$3,675
EMPOWER ADVISORY GROUP, LLC · Investment management$1,212

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

Administrative cost history2
2024$38,816 · 1.34%
2023$37,633 · 1.33%
Similar plansReal Estate & Leasing · Massachusetts
Rentex, Inc. MA$3.8M · 0.07%
Giri Hotel Management LLC MA$3.6M · 1.43%
Jenet Management, LLC MA$2.9M · 1.45%
Chartwell Management, LLC MA$2.8M · 1.58%
Samia Companies LLC MA$1.3M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 872073026 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.